Levy of Tax. The Borrower, through its Board to the extent necessary, shall annually levy and collect a tax upon all taxable property within the City, in addition to all other taxes authorized by law, sufficient to pay principal and interest on the Loan when due.
Appears in 4 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
Levy of Tax. The Borrower, through its Board City Council to the extent necessary, shall annually levy and collect a tax upon all taxable property within the City, in addition to all other taxes authorized by law, sufficient to pay principal and interest on the Loan when due.
Appears in 1 contract
Samples: Loan Agreement
