The Council shall annually levy outside the limitations provided in this Charter a sufficient sum to pay the interest, sinking fund, and retirement charges on all bonds and notes of the City of Portsmouth, lawfully issued, and the expenses incident to the management of the sinking fund, which entire levy shall be placed before and in preference to all other levies. Amounts certified under the laws of the State as necessary for such purposes shall not be subject to change by Council.
(Adopted 5-5-53.)