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Subject to such adjustments as are required by conditions in existence at the time the assessments are levied, the assessments for Projects 83-06, 85-06, 85-20B, 85-21, 86-0l, 86-l4, 86-15, 86-l6, 86-20, 86-30, 86-34, 86-35, 87-0l, 87-04, and 87-06 are hereby authorized and it is hereby determined that the assessments shall be payable in equal, consecutive, annual installments, with general taxes for the years shown below and with interest on the declining balance of all such assessments at a rate per annum not greater than the maximum permitted by law and not less than 8.95% per annum: Improvement Designation Amount 83-06 85-06 85-20B 85-2l 86-0l 86-l4 86-15 86-16 86-20 86-30 86-34 86-35 87-01 87-04 87-06 $ 51,278 53,537 61,034 24,023 851 23,550 9,073 2,723 328,l62 1l7,l93 20,772 l84,850 868 7,475 79,368 TOTAL $964,763 Levy Years Collection Years 1988-2002 for all 1989-2003 for all At the time the assessments are in fact levied the City Council shall, based on the then-current estimated col- lections of the assessments, make any adjustments in any ad valorem taxes required to be levied in order to assure that the City continues to be in compliance with Minnesota Statutes, Section 475.61, Subdivision 1. 19. Tax Levy; Coverage Test. To provide moneys for payment of the principal and interest on the Bonds there is hereby levied upon all of the taxable property in the City a direct annual ad valorem tax which shall be spread upon the tax rolls and collected with and as part of other general property taxes in the City for the years and in the amounts as follows: 38