(A) All revenues received, collected and derived from the payment of the taxes hereby levied are appropriated for the purpose of defraying the general operating expenses of the city, and upon collection shall be placed in the General Fund for such purpose.
(B) In the event it is at any time in the future advisable, the City Commission may by appropriate resolution pledge any part or all of the revenues received, collected and derived from the tax hereby imposed, for the payment of all or part of any issue of revenue certificates or bonds that may be properly authorized and issued by the city.
('72 Code, § 32-38) (Ord. 1385, passed - - )