The Council shall annually levy a sufficient sum to pay the interest, Sinking Fund and retirement charges on all bonds and notes of the City of Cleveland lawfully issued, and the expenses incident to the management of the Sinking Fund, which entire levy shall be outside of limitations provided in this Charter, but subject to limitations imposed by general law, and placed before and in preference to all other levies. Amounts certified under the laws of the State as necessary for such purpose shall not be subject to change by Council.
(Effective March 29, 1940)