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SECTION 5. In order to pay the said bonds as they mature, with interest thereon, there is hereby levied upon all taxable real and personal property within the City of Batesville, Arkansas, a tax of two and one-half mills on each dollar of assessed valuation, beginning with the taxes collected in the year 1953 and continuing through the year 1970 and as long thereafter as may be necessary in order to pay the bonds and interest authorized by this ordinance, being a sum sufficient to meet said bonds and interest as they mature, with five per cent added for unforeseen contingencies; and the City Clerk is directed to transmit a copy of this ordinance to the County Clerk of Independence County, Arkansas, to the end that said tax may be extended on the tax books of said county and collected annually along with the other taxes until the said bonds and interest theremi are paid in full. The City agrees that all of the revenues from the two and one-half mill tax shall be put in a separate fund known as the "Bond and Interest Fund" and shall be used solely for the payment of the bonds and interest of this issue, as set out in this ordinance. Any surplus from year to year shall be kept and accumulated until the City has on hand a surplus of $4000 over and above the annual principal and interest requirement§o6f this issue. Any revenues over and above this $4000 surplus must be used to call the bonds of this issue for payment prior to maturity in inverse numerical order, except that the City will not be required to call bonds for partial payment. SECTION 6. In order to pay said bonds, with interest thereon, as they mature, there are hereby appropriated out of the proceeds of the tax hereby levied, and if such proceeds be not sufficient, then out of the general revenues of the City, the following sums, to -wit: