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<br />" <br /> <br />111.'-..,,,, <br /> <br />said principal and interest from the general fund and <br />thereafter to reimburse said general fund from collec- <br />tions of special assessments levied or to be levied for <br />Improvement Nos. 82-1, 82-2, 82-6, 82-7, 82-8, 82-9, <br />82-10, 82-11, 82-12, 82-13, 79-2, 79-3, 79-4, 79-7, <br />79-8, 79-9, 79-10A, 79-10B, 81-1, 81-2, 81-4, 80-1, <br />80-4 and 80-8. The proceeds of the bonds herein <br />authorized shall be deposited in the City's Temporary <br />Improvement Bonds of 1979 Fund to pay the principal of <br />and interest on the City's Temporary Improvement Bonds <br />of 1979, dated July 1, 1979, to the extent that collec- <br />tions of special assessments for Improvements No. 79-2, <br />79-3, 79-4, 79-7, 79-8, 79-9 and 79-10 are insufficient <br />for such purpose, and the remainder shall be deposited <br />in a separate construction fund to be used solely for <br />the payment of the expenses of Improvements No. 82-1, <br />82-2, 82-6, 82-7, 82-8, 82-9, 82-10, 82-11, 82-12, <br />82-13, 81-1, 81-4, 80-1, 80-4 and 80-8. Any remaining <br />proceeds may be used for any lawful purpose. All <br />collections Gf special assessments for Improvements No. <br />82-1, 82-2, 82-6, 82-7, 82-8, 82-9, 82-10, 82-11, <br />82-12, 82-13, 79-2, 79-3, 79-4, 79-7, 79-8, 79-9, <br />19-10A, 79-10B, 81-1, 81-2, 81-4, 80-1, 80-4 and 80-8 <br />shall be credited to the respective construction funds <br />for such improvements until completion of the improve- <br />ments and the payment of all costs thereof and there- <br />after are hereby irrevocably appropriated and pledged <br />to the payment of principal of and interest on the <br />bonds herein authorized, and the moneys and investments <br />in the Improvement Bonds of 1982 Fund shall be used for <br />no other purpose than to pay principal of and interest <br />on the said bonds until such principal and interest <br />shall have been paid in full; provided, however, that <br />nothing herein contained shall prevent the issuance and <br />sale of additional bonds payable from the proceeds of <br />such assessments to provide additional funds to pay the <br />balance of the cost of said improvements. <br /> <br />2. Paragraph 7 of said Resolution is hereby amended <br />to read as follows: <br /> <br />7. It is hereby found and determined that <br />the estimated collection of special assessments pledged <br />for the payment of said bonds will, with the taxes <br />hereby levied, produce at least five percent in excess <br />of the amount needed to meet, when due, the principal <br />and interest payments on the bonds. It is further <br />found and determined that the special benefits to be <br />assessed against assessable property for said improve- <br />ment will, in any case, be more than 20% of the cost of <br />the improvement to the municipality. For the purpose <br /> <br />-2- <br />