The bond ordinance shall make provision for the payment of such bonds, both principal thereof and interest thereon until maturity, by the levy of a direct annual tax upon all the taxable property within said city sufficient for such purpose. A copy of such bond ordinance, as adopted, certified to by the city clerk, shall be filed in the offices of the county clerks of all those counties within which a part of the City of Chicago may be situated. Such bond ordinance, as so filed, shall constitute the authority for the several county clerks within which a part of the City of Chicago may be situated, in and for each of the years for which taxes are levied in said bond ordinance, to extend such taxes for collection against all the taxable property situated within the City of Chicago and situated within such several counties. The taxes so levied in and by such bond ordinance shall be extended annually by the several county clerks without limitation as to rate or amount and such taxes shall be in addition to and in excess of any and all other taxes levied or authorized to be levied by the city council. Such taxes so levied shall not be subject to repeal or abatement in any manner whatsoever until such time as all the bonds authorized under the terms of said bond ordinance and issued shall have been paid in full, both principal thereof and interest thereon up to and including the date of maturity.
(Prior code § 7-62)