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necessary to pay in full the Capital Improvement Bonds and all obligations <br />of the City with respect thereto may be used for any lawful municipal <br />purpose." <br />Section 5. Section 3 of Ordinance No. 2011-12-05 is hereby amended to read as <br />follows: <br />"Section 3. The Sales and Use Tax shall expire on the first date on which <br />the Sales and Use Tax can be administratively removed when (a) there are sufficient <br />funds to pay in full any outstanding Capital Improvement Bonds secured by a pledge <br />of collections of the Sales and Use Tax and (b) the City Council determines that the <br />purposes of the Sales and Use Tax cannot be or cannot continue to be fulfilled <br />because no Capital Improvement Bonds secured by a pledge of collections of the <br />Sales and Use Tax will be issued in the future." <br />Section 6. Section 5 of Ordinance No. 2011-12-05 is hereby deleted. <br />Section 7. The provisions of this Ordinance are hereby declared to be separable, and if <br />any provision shall for any reason be held illegal or invalid, it shall not affect the validity of the <br />remainder of this Ordinance. <br />Section 8. Ordinance No. 201 1-12-05, as amended hereby, shall remain and be in full <br />force and effect. <br />PASSED: May___, 2023. <br />ATTEST: <br />City Clerk <br />(SEAL) <br />APPROVED: <br />Mayor <br />