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\1 .. arising pursuant to the Reimbursement Agreement, whichever shall occur later; provided, howeve r, that the Ci ty Clerk- Treasurer shall annually, pr ior to October 10, certify to the Ramsey County Director of Property Taxation the amount available in the Debt Service Account established for the Series 1985 Bonds pursuant to the Series 1985 Bond Resolu- tion to pay such interest (calculated at the rate of 10% per annum) due on the Bonds during the ensuing year, and the Ramsey County Director of Property Taxation shall thereupon reduce the levy collectible during such year by the amount so certified. The foregoing Series 1986 Tax Levies shall be irrepeal- able until all of the Bonds are paid, provided, however, that the City Clerk-Treasurer shall annually, prior to October 10, certify to the Ramsey County Director of Prop- erty Taxation the amount available in the Debt Service Fund to pay the pr incipal and interest due on the Bonds dur ing the ensuing year, and the Ramsey County Director of Property Taxation shall thereupon reduce the levy collectible during such year by the amount so certified. There shall be no reduction or cancellation of the Re- vised Series 1985 Tax Levies or the Series 1986 Tax Levies pursuant to the preceding two paragraphs of this paragraph 14 if and to the extent that at the time such reduction or cancellation would otherwise be made there are amounts owed and unpaid by the City to the Bank under the Reimbursement Agreement, but if the City shall subsequently advance to the Bank such owed amounts from its other available funds, and if at the time of receipt by the City of such unreduced tax levies there are no additional amounts owed to the Bank by the Ci ty under the Reimbursement Agreement (in which case the City shall pay such receipts to the Bank to the extent of such debt), the Ci ty shall reimburse itself for such advances from the proceeds of the portion of such tax levies, when collected, which, but for the amounts owed to the Bank descr ibed hereinabove, would otherwise have been cancelled. The foregoing Series 1986 Tax Levies have been cal- culated to provide funds sufficient to pay, when due, the principal of the Bonds, to pay the interest accruing on the Bonds prior to the Crossover Date (together with the earn- ings derived from the Escrow Account prior thereto and pledged for such purposes and assuming that the Crossover Date will be the First Crossover Date), and to pay all of the interest which accrues on the Bonds after the Crossover Date (again assuming that the Crossover Date will be the First Crossover Date). Upon the crossover refunding of the Series 1985 Bonds on the Crossover Date, the foregoing Revised Tax Levies shall be revised accordingly, to wit but - 17 -