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<br />'. <br /> <br />. <br /> <br />. <br /> <br />t <br /> <br />, . <br /> <br />e' <br /> <br />. <br /> <br />and periodic items of maintenance. It is also provided that the <br /> <br />items which the, City has agreed to provide from its General Fund <br /> <br />Revenues, as provided in this Ordinance, shall not constitute <br /> <br />items of Maintenance and Operation Expenses. <br /> <br />..., <br /> <br />(d) The term "Net Revenues" shall mean the amount <br /> <br />remaining after deducting the Maintenance and Operation Expenses <br /> <br />from the Gross Revenues. <br /> <br />(e) The term "Bonds" shall mean the Bonds authorized <br /> <br />to be issued and deli~ered by this Ordinance. <br /> <br />(f) The term "Additional Bonds" shall mean the addi- <br /> <br />tional parity revenue bonds which the C~ty reserves the right to <br /> <br />issue and deliver in the future, as provided by this Ordinance., <br /> <br />Section 9. PLEDGE. The Bonds and all Additional <br /> <br />, ( <br />Bonds, and the interest thereon, are and shall be payable from <br /> <br />and secured by an irrevocable first lien on and pledge of the Ne <br /> <br />Revenues of the'Airport, and said Net Revenues are further <br /> <br />pledged irrevocably to the establishment and maintenance of the <br /> <br />Funds herein~fter created. <br /> <br />Section 10. RATES. The City covenants and agrees <br /> <br />with the holders of the Bonds and all Additional Bonds, as <br /> <br />follows: <br /> <br />(a) That it will at all times fix, maintain, enforce, <br /> <br />charge, and collett for services rendered by the Airport, rates, <br /> <br />charges, and amounts which will produce Gross Revenues at least <br /> <br />sufficient to pay all Operation and Maintenance Expenses, and to <br /> <br />provide Net Revenues adequate to pay promptly all of the princi- <br /> <br />pal of and interest on the Bonds and all Additional Bonds, and t <br /> <br />make all deposits now or hereafter required to be made into the <br /> <br />Funds created and established by this Ordinance. <br />