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on the revenues of the System over the lien securing the <br />bonds of this issue. Nothing contained in this Ordinance <br />shall be construed to prevent the issuance by the City of <br />additional bonds to finance or pay the cost of constructing <br />any future extensions, betterments or improvements to the <br />System; provided, however, the City shall not authorize or <br />issue any such additional bonds ranking on a parity with <br />these bonds unless and until (1) there shall have been <br />procured and filed with the Trustee a statement by an independent <br />certified public accountant not in the regular employ of the <br />City reciting the opinion based upon necessary investigation <br />that net revenues of the System for the fiscal year immediately <br />preceding the fiscal year in which it is proposed to issue <br />such additional bonds shall equal not less than 135% of <br />the average annual principal and interest requirements on <br />the bonds and the bonds proposed to be issued. For the <br />purposes of the computation required by this paragraph, <br />additional amounts may be added to the net revenues of the <br />completed fiscal year immediately preceding the issuance of <br />additional bonds, as follows: If, prior to the issuance of <br />the additional bonds and subsequent to the first day of such <br />preceding fiscal year, the City shall have increased its <br />rates or charges imposed for services of the System there <br />may be added to the net revenues of such fiscal year the <br />additional net revenues which would have been received from <br />the operation of the System during such fiscal year had such <br />increase been in effect throughout such fiscal year, as <br />reflected by a certificate of a duly qualified consulting <br />engineer not in the regular employ of the City and approved <br />by the Trustee. <br />