Ordinance providing that general property taxes levied and collected each year on all property located within the South Avenue Urban Renewal Area, in City of Council Bluffs, County of Pottawattamie, State of Iowa, by and for the benefit of the State of Iowa, City of Council Bluffs, County of Pottawattamie, Council Bluffs Community School District, and other taxing districts, be paid to a special fund for payment of principal and interest on loans, monies advanced to and indebtedness, including bonds issued or to be issued, incurred by the City in connection with the South Avenue Urban Renewal Area (The South Avenue Urban Renewal Plan).