When deemed necessary the Town Council may, by ordinance, authorize the issuance of certificates of indebtedness or notes in anticipation of the collection of taxes of all kinds or of special assessments. The obligations shall be a first lien upon the proceeds of the taxes or assessments.
(Laws of Fla., Ch. 59-1708, Art. VII, § 2; Ch. 65-2067, § 1)  (2000 Code, § 2-156)