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<br />available for such purpose, including but not limited to the <br />accrued interest on the Bonds to be paid by the Underwriter on the <br />date of delivery. For the purpose of reimbursing such advance and <br />paying the interest on and principal of the Bonds as the same <br />become due and payable respectively, there shall be levied on all <br />of the taxable property in the City ad valorem taxes in each of <br />the years 1986 to 1999, inclusive, sufficient to make such <br />reimbursement and pay the interest on and principal of the Bonds <br />as the same become due and payable, respectively, to the extent <br />that other funds are not made available for such payments. Such <br />ad valorem taxes shall be levied in addition to all other taxes <br />levied to effect the purposes of the City, including taxes levied <br />to meet the City's operation and maintenance expenses. <br /> There is hereby established the Bond Account. The <br />accrued interest, if any, on the Bonds from the dated date thereof <br />to the date of issuance and delivery shall be deposited in the <br />Bond Account and held for the payment of interest on the Bonds- <br />when due. Thereafter, said taxes when collected shall be <br />deposited in the Bond Account and applied solely for the repayment <br />of such advance and the payment of the principal of and interest <br />on the Bonds, respectively, until the Bonds, as to both principal <br />and interest, shall be fully paid, satisfied, and discharged; <br />provided however, that nothing herein contained shall be so <br />construed as to prevent the City from applying any other funds or <br />revenues that may be in the treasury of the City and available for <br />that purpose, to the payment of the principal of or interest on <br />the Bonds as the same become due and payable, respectively, and <br />upon the application of any other such funds or revenues as <br />aforesaid, the mill levy or levies herein provided may thereupon, <br />to that extent, be diminished. <br /> The foregoing provisions of this Ordinance are hereby <br />declared to be the certificate of the Council to the Board of <br />County Commissioners of Boulder County, Colorado, showing the <br />aggregate amount of taxes to be levied for the purpose aforesaid <br />by the Board of County Commissioners from time to time, as <br />required by law, for the purpose of paying the principal of the <br /> - 25 - <br />