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1995-06-01
CITY-OF-BATESVILLE
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1995-06-01
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0 <br /> impressed thereon the seal of the City. The Series 1995 Bonds may <br /> be signed by the facsimile signature of the Mayor and the facsimile <br /> signature of the City Clerk. The Series 1995 Bonds are secured on <br /> a parity of lien, pledge and security with the City' s Series 1991 <br /> B Bonds and other Additional Bonds, as defined herein, and the term <br /> "Bonds" refers to and includes the Series 1995 Bonds, the Series <br /> 1991 B Bonds and any Additional Bonds outstanding hereunder. The <br /> Bonds, together with interest thereon, shall be payable solely out <br /> of the Water and Sewer Revenue Bond Fund, hereafter described, and <br /> shall be a valid claim of the holders thereof only against such <br /> fund and the amount of revenues pledged thereto or deposited <br /> therein, which revenues are hereby pledged and mortgaged for the <br /> equal and ratable payment of the Bonds and shall be used for no <br /> other purpose than to pay the principal, premium, if any, interest <br /> and Trustee's and Paying Agent' s fees on and in connection with the <br /> Bonds. The Bonds shall not constitute an indebtedness of the City <br /> within any constitutional or statutory limitation. <br /> Section 4 . The Series 1995 Bonds shall be in <br /> substantially the following form and the Mayor and City Clerk are <br /> hereby expressly authorized and directed to make all recitals <br /> contained therein: <br /> (W <br /> • <br /> jw%kayftwO.OD <br /> -4- <br />
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