O-1962-641 - Laserfiche WebLink

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e . / " ~ raised by taxation. "'-- / THE CITY EXPRESSLY RESERVES THE RIGHT TO ISSUE ADDITIONAL BONDS payable from the net revenues of said wa ter.works and sanitary sewer system, and such additional bonds may be on a parity in all respects with the bonds of this issue, but such additional parity bonds may be issued only pursuant to and subject to the restrictions, covenants, and limitations contained in the ordinance authorizing this issue of bonds, to which reference is hereby made for all ,"--"'~., particulars. ~ Except as may be provided by the aforesaid ordina,nce, THE HOLDER OF THIS BOND AND THE HOLDERS OF THE OTHER BONDS OF THE SERIES OF WHICH THIS BOND IS A PART ARE AND SHALL BE SUBROGATED to all the rights and privileges belonging to the holder or holders of the bonds which have been refunded by the issuance of this series of bonds. IT IS HEREBY CERTIFIED" RECITED" AND REPRESENTED that the issuance of this bond and the other bonds of the series of which ,../. ----.. this bond is a part is duly authorized by law; that all acts, con- . ,,~. ditions, and things required to exist and to be done precedent to and in the issuance of this series of bonds to render the same law- ful and valid have been properly done and performed and have hap- pened in regular and due time, form, and manner, as required by law; that due prOVision has been made for the payment of the principal of and interest on this bond and the other bonds of the series of which it is a part by irrevocably pledging the net revenues of said waterworks and sanitary sewer system; and that the issuance ......--.......... " of this series of bonds does not exceed any Constitutional or statu- . tory limitation. -9-