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_ _ - I <br />m.Tr office a certi ficate of t'Ze :%ttorney General of the State of Texas to the <br />effect that tnis bond ha.s been examined by h;m as required by lavr, and that <br />he f inds tha.t it ha,s been issued in conformity with the Constituticr and Iaws <br />of the atate of 'Pexas, and the viiarter of :;aid City, and tha.t. it is a vzlid <br />and bi::ding special obla.gz.tion af the City of :'aris, `I'ex4.s, payable frcaa the <br />reve-ques pled~ed to its payr:lent b-r and in the ordinanc- authorizing same, <br />and said band has 'Uhis day been registered by r:ie. <br />,:fiT.,rL'aS M" i:~.I!D and seul of ot'fice at Austin, Texas, <br />CorrLptroller of ='ublic ."_ccounts of the <br />atate of Texas. <br />S_,AL j <br />9. (DL;'ii~:Ii'IuI,S) (a) lhe term "S;,Tste.~`' as used in this <br />ordinance, shall r,lean the Cit;r' i lvla,ter~,;orks and Sewer System, including all <br />present and. Pzture extensions, adcitions, replacements and im-)rover:ients <br />tYie re-to 0 <br />(b)' The terrn "i,"e+ ievenues", as used in this ordina.nce, <br />s!a1.1 mean the oross rc~venues of the :'~jste,:,_ less t:~E expense of operation <br />and ma.inter.ance, including all sala,ries, la'oor, Iteria.ls, repairs ana ex- <br />tensiens necessar,, to render efficier.t service, provided hot,rever, that only <br />such repGirs and e°teiisions, as in the judginent of the ~ity (~ouricil, reasonably <br />and fairly exeNcry.sE;d, are necessur-r to keep tr.e plant or utilit,~, in operation <br />and render adequate service -co thz City ar_d the inhabitar.ts thereof, or such <br />as raiiLvht be recessax-y to ;iZeet so,riie phvsical aecident or cor.dition vrYii.ch woul-d <br />otherwise i_ipair tYie Bonds author? zed by- t1his ordiriance and any additiona <br />bonds rexritted to be isaued under 3ection 20 hereof, snall be ded.ucted <br />iri determinirig "n:et Hevenues". <br />(c) The terru "Bonds" shall mEan the ~P550,000.00 of 'oonds <br />autnor-i_zed bzr tnis ordir-ance. <br />(d) 'lhe terr.? "rLdditional 3onds" r.:eans the Adciitional <br />Bonds wnich tie vi1;J re7erves the right to issuz under S: ction 20 hereof. <br />10. (PILDG::; The Net Aevenues oi the Syster, in an anount <br />sufficient to establish and i.iaintain tiie Funds nereinafter provided are riere- <br />bv irrevocabiy pled.r;ed for the payr_Zent of the Fsonds and tr:e l.dditional Bonds~ <br />