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9670 The bonds are issued pursuant to and in full compliance with the Constitution and laws of the State of Arkansas, particularly Amendment No. 13 to the Constitution of the State of Arkansas, and pursuant to Ordinance No. of the City, passed and approved on the day of 1977 (the "Authorizing Ordinance"). Reference is hereby made to the Authorizing Ordinance for the details of the nature and extent of the security and of the rights and obligations of the City and the holders and registered owners of the bonds. The bonds are general obligations of the City, payable from the proceeds of a continuing annual 3.44 mill special tax (the "special tax") levied by -the City Council under the authority of Amendment No. 13 to the Constitution of the State of Arkansas, and the City hereby pledges its full faith, credit and taxing power, including the special tax, for the payment of this bond. The bonds are subject to redemption prior to maturity in inverse numerical order at par and accrued interest as follows: From surplus tax collections on any interest paying date; from funds from any source on any interest paying date on and after September 1, 1982. The City has covenanted and agreed that surplus tax collections, being collections from the special tax in excess of the amount necessary to insure the prompt payment of the principal of, interest on and Trustee's and Paying Agent's fees in connection with the bonds as the same become due, must be used from time to time on each interest payment date as and to the extent available to redeem the outstanding bonds. Notice of the call for redemption shall be published one time in a newspaper published in the City of Little Rock, Arkansas, and having a general circulation throughout the State of Arkansas, giving the number and maturity of each bond being called, the publication to be at least fifteen (15) days prior to the redemption date, and