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without the prior written consent of the Authority if such undertaking would involve, commit, or <br /> use the revenues of the Sewage Works. <br /> (e) Except as provided in Section 20 hereof, so long as any of the Refunding <br /> Bonds are outstanding, no additional bonds or other obligations pledging any portion of the <br /> revenues of the Sewage Works shall be authorized, executed, or issued by the City except such as <br /> shall be made subordinate and junior in all respects to the Refunding Bonds, unless all of the <br /> Refunding Bonds are redeemed, retired, or defeased coincidentally with the delivery of such <br /> additional bonds or other obligations. <br /> (f) The City shall take all action or proceedings necessary and proper to require <br /> connection of all property where liquid and solid waste, sewage, night soil, or industrial waste is <br /> produced with available sanitary sewers. The City shall,insofar as possible,cause all such sanitary <br /> sewers to be connected with the Sewage Works. <br /> (g) This Ordinance shall not be repealed or amended in any respect which will <br /> adversely affect the rights of the owners of any Refunding Bonds, nor shall the Common Council <br /> adopt any law, ordinance or resolution which in any way adversely affects the rights of such <br /> owners so long as any of said bonds or the interest thereon remains unpaid. <br /> (h) The provisions of this Ordinance shall be construed to create a trust in the <br /> proceeds of the sale of the Refunding Bonds for the uses and purposes herein set forth. The <br /> provisions of this Ordinance shall also be construed to create a trust in the portion of the Net <br /> Revenues herein directed to be set apart and paid into the Sinking Fund and for the uses and <br /> purposes of said Sinking Fund as set forth in this Ordinance. The owners of the Refunding Bonds <br /> shall have all of the rights, remedies and privileges set forth under the Act in the event of default <br /> in the payment of the principal of or interest on any of the Refunding Bonds or in the event of <br /> default with respect to any of the provisions of this Ordinance or the Act. <br /> SECTION 22. Amendments With Consent of Bondholders. Subject to the terms and <br /> provisions contained in this section, and not otherwise, the owners of not less than sixty-six and <br /> two-thirds percent (66-2/3%) in aggregate principal amount of the Refunding Bonds then <br /> outstanding shall have the right, from time to time, anything contained in this Ordinance to the <br /> contrary notwithstanding, to consent to and approve the adoption by the City of such ordinance or <br /> ordinances supplemental hereto as shall be deemed necessary or desirable by the City for the <br /> purpose of modifying, altering, amending, adding to or rescinding in any particular any of the <br /> terms or provisions contained in this Ordinance, or in any supplemental ordinance; provided, <br /> however, that nothing herein contained shall permit or be construed as permitting: <br /> (a) An extension of the maturity of the principal of or interest or premium, if <br /> any, on any Refunding Bond or an advancement of the earliest redemption date on any Refunding <br /> Bond; or <br /> (b) A reduction in the principal amount of any Refunding Bond or the <br /> redemption premium or the rate of interest thereon, or a change in the monetary medium in which <br /> such amounts are payable; or <br /> - 19 - <br />