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� * <br />Section 4. Pledge of Ad Valorem Taxes; Note Fund, 1999 There is hereby <br />created and established the Note Fund, 1999 (the "Note Fund"). There shall be deposited to the <br />Note Fund moneys which, when combined with other moneys therein, will be sufficient to pay <br />the principal of and interest on the Note when due. Moneys credited to the Note Fund shall be <br />used solely to pay the principal of, interest on and any late charges on the Note. <br />If necessary, the interest to become due on the Note on the first interest payment <br />date shall be advanced from any revenues or funds of the District lawfully available for such <br />purpose. For the purpose of reimbursing said advance and paying the principal of, interest on <br />and any late charges on the Note as the same become due and payable respectively, there shall be <br />levied by the Board of County Commissioners of the County of Douglas, Colorado, on all of the <br />taxable property in the District, in addition to all other taxes, direct annual taxes in each of the <br />years 1999 to 2018, inclusive, sufficient to make such reimbursement and pay the principal of, <br />interest on and any late charges on the Note as the same become due and payable, respectively, to <br />the extent other funds are not made available for such payments, subject only to such limitations, <br />if any, imposed by Article X, Section 20 of the Colorado Constitution. <br />When collected the taxes levi �se of paying the principal of and <br />interest on the Note (less any amounts neces o repay said a vance) shall be deposited in the <br />Note Fund and applied solely for the pa m f in�i 1 i terest and any late charges on <br />the Note, respectively, until the Note, a h p�" c st, shall be fully paid, <br />satisfied, and discharged; provided ho , t at nothing herein contained shall be so construed <br />as to prevent the District from applying any other funds or revenues that may be in the treasury <br />of the District and available for that purpose, to the payment of the principal of, interest on and <br />any late charges on the Note, and upon the application of any other such funds or revenues as <br />aforesaid, the mill levy or levies herein provided may thereupon to that extent be diminished. <br />The foregoing provisions of this Resolution are hereby declared to be the <br />certificate of the Board to the Board of County Commissioners of Douglas County, Colorado, <br />showing the aggregate amount of taxes to be levied for the purposes aforesaid by the Board of <br />County Commissioners from time to time, as required by law, for the purpose of reimbursing <br />said advance and paying the principal interest on and the late charges on the Note when due. <br />The amounts necessary to pay all costs and expenses incidental to the issuance of <br />the Note as to pay the principal of interest on the Note when due are hereby appropriated for said <br />purposes, and such amounts as appropriate for each year shall also be included in the annual <br />budget and the appropriation bills to be adopted and passed by the Board in each year, <br />respectively, until the Note has been fully paid, satisfied, and discharged. <br />It shall be the duty of the Board, annually, at the time and in the manner provided <br />by law for levying other District taxes, if such action shall be necessary to effectuate the <br />provisions of this Resolution, to ratify and carry out the provisions hereof with reference to the <br />-6- <br />