2129 ORD AUTHORIZING ISSUANCE OF REVENUE BONDS

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Section 6, That the term "Outstanding Bonds," as used herein, shall mean the outstanding bonds of the following issues of said City, to-wit: City of Paris Waterworks and Sewer Revenue Refunding Bonds, Series 1957, authorized by Ordinance dated February 18, 19570 City of Paris Waterworks and Sewer Revenue Refunding Bonds, Series 1957-A, authorized by Ordinance dated October 25, 19570 City of Paris Waterworks and Sewer System Revenue Bonds, Series 1962, authorized by Ordinance dated October 15, 1962, City of Paris Waterworks and Sewer System Junior Lien Revenue Bonds, Series 1966, authorized by Ordinance dated December 13, 1965e City of Paris Waterworks and Sewer System Revenue Bonds, Series 1973-A, being authorized by Ordinance dated January 10,1973, The Series 1973-B Bonds authorized hereby are "Additional Bonds" as defined and permitted in the City's Ordinances dated December 13, 1951 and December 13, 1965, and Sections 9 through 25 of said Ordinance dated December 13, 1951, and Section 21 of said Ordinance dated December 13, 1965 are hereby adopted by reference and shall be applicable to said Series 1973-B Bonds for all pur- poses, except to the extent hereinafter specifically modified and supplementedo The Series 1973-B Bonds and the Outstanding Bonds are and shall be secured by and payable from a first lien on and pledge of the Net Revenues of said City's Waterworks and Sewer System, and all of said obligations shall be on a parity and of equal dignity in all respects, except the Series 1966 Junior Lien Revenue Bonds, which shall be secured by and payable from a lien upon said Net Revenues which shall be junior and subordinate to that of the First Lien Bonds, Section 7. That, in addition to all other amounts required by the Ordinances authorizing the Outstanding Bonds, there shall be deposited into the Interest and Redemption Fund created for the benefit of said Outstanding Bonds and all Additional Bonds, the following: (a) such amounts, in equal monthly installments, made on or before the 20th day of the month in which the Bonds are delivered, if delivered before the 20th day of the month, or on or before the 20th day of the following month, if delivered after the 20th day of the month, and each month thereafter, as will be sufficientto pay the interest scheduled to come due on July 1, 1973, and on or before the 20th day of each month thereafter, to pay the interest scheduled to come due on the next interest payment date.