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additional bonds or other obligations pledging any portion of <br />the revenues of said waterworks, except as specifically provided <br />in See. 9 of this ordinance, unless the same be made subordinate <br />and junior in all respects to the bonds herein authorized, or <br />unless all of the bonds herein authorized are retired and <br />cancelled coincidentally with the delivery of such additional <br />bonds or other obligations. <br />(f} The provisions of this ordinance shall be construed <br />to create a trust in the proceeds derived from the sale of the <br />bonds herein authorized, for the uses and purposes herein set <br />forth, and so long as any of said bonds are outstanding, the <br />provisions of this ordinance shall also be construed to create <br />a trust in the fixed proportion of the revenues of the waterworks <br />herein directed to be set apart and paid into the Bond and Inter- <br />est Redemption Account for the uses and purposes of said account <br />as in this ordinance set forth. <br />(g) The provisions of this ordinance shall constitute <br />a contract by and between the City and the holders of the bonds <br />herein authorized, all of the terms of which shall be enforceable <br />in law or in equity, and after the issuance of the bonds this <br />ordinance shall not be repealed or amended in any respect which <br />will adversely affect the rights and interests of the holders <br />of said bonds, nor shall the Common Council of the City adopt <br />any law, ordinance or resolution in any way adversely affecting <br />the rights of such holders so long as any of the bonds or the <br />interest thereon remain unpaid. The holders of the bonds shall <br />-22- <br />