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<br /> create or suffer to be created any mechanic's, laborer's, materialman's, or other lien or charge
<br /> which might or could be prior to the liens hereof, or do or suffer any matter or thing whereby the
<br /> liens hereof might or could be impaired; provided, however, that no such tax, assessment, or
<br /> charge, and that no such claims which might be used as the basis of a mechanic's, laborer's,
<br /> materialman's, or other lien or charge, shall be required to be paid so long as the validity of the
<br /> same shall be contested in good faith by the Issuer.
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<br /> (e) Oneration of System: No Free Service. While the Bonds, the Outstnading Bonds, and any
<br /> Revenue Bonds, are outstanding and ungaid the Issuer shall continuously and efficiently operate
<br /> the System, and shall maintain the System, or cause the System to be operated and maintained in
<br /> good condition, repair, and working order, all at reasonable cost. No free service of the System
<br /> shall be allowed, and should the Issuer or any of its agencies, instrumentalities, lessors, or
<br /> concessionaires make use of the services and facilities of the System, payment monthly of the
<br /> standard retail price of the services provided shall be made by the Issuer or any of its agencies,
<br /> instrumentalities, lessors, or concessionaires out of funds from sources other than the revenues
<br /> of the System, unless made from surplus Net Revenues as permitted by Section 22(b) hereof.
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<br /> (f) Further Encumbrance. While the Bonds, the Outstanding Bonds, and any Revenue Bonds,
<br /> are outstanding and unpaid, the Issuer shall not additionally encumber the Net Revenues in any
<br /> manner, except as permitted in this Ordinance in connection with Revenue Bonds, unless said
<br /> encumbrance is made junior and subordinate in all respects to the liens, pledges, covenants, and
<br /> agreements of this Ordinance and any ordinance authorizing the issuance of Revenue Bonds; but
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<br /> the right of the Issuer to issue revenue bonds payable from a subordinate lien on surplus Net
<br /> Revenues is specifically recognized and retained.
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<br /> (g) Sale or Disposal of PropeM. While the Bonds, the Outstnading Bonds, and any Revenue
<br /> Bonds are outstanding and unpaid, the Issuer shall not sell, convey, mortgage, encumber, lease,
<br /> or in any manner transfer title to, or dedicate to other use, or otherwise dispose of, the System,
<br /> (except as permitted in paragraph (n) hereo fl or any significant or substantial part thereof;
<br /> provided that whenever the Issuer deems it necessary to dispose of any property, machinery,
<br /> fixtures, or equipment, or dedicate such property to other use, it may do so either when it has
<br /> made arrangements to replace the same or provide substitutes therefor, or it is determined by
<br /> resolution of the City Council that no such replacement or substitute is necessary.
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<br /> (h) Insurance. (1) The Issuer shall cause to be insured such parts of the System as would
<br /> usually be insured by corporations operating like properties, with a responsible insurance company
<br /> or companies, against risks, accidents, or casualties against which and to the extent insurance is
<br /> usually carried by corporations operating like properties, including, to the extent reasonably
<br /> obtainable, fire and extended coverage insurance, insurance against damage by floods, and use
<br /> and occupancy insurance. Public liability and property damage insurance also shall be carried
<br /> unless the City Attorney gives a written opinion to the effect that the Issuer is not liable for clauns
<br /> which would be protected by such insurance. All insurance premiums shall be paid as an expense
<br /> of operation of the System. At any time while any contractor engaged in construction work shall
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