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• <br /> a. The word "City" shall mean the City of Everett, <br /> Washington, a municipal corporation duly organized and existing <br /> as a first class city under and by virtue of the laws of the State <br /> of Washington. <br /> b. The word "System" shall mean the existing water sup- <br /> ply and distribution system of the City as the same may be added <br /> to, improved and extended for as long as any of the Bonds are <br /> outstanding . <br /> c . The word "Bonds" shall mean the $4, 235,000 of water <br /> revenue refunding bonds of the City issued for the purposes pro- <br /> vided in this ordinance . <br /> d. The words "Water System Fund" shall mean that special <br /> fund of the City created by Section 9 of Ordinance No. 1663 . <br /> e . The words "Prior Lien Bonds " shall mean the out- <br /> standing water revenue bonds of the city issued under date of <br /> July 1, 1952, of which there are now outstanding bonds in the <br /> total principal amount of $782, 000 . <br /> f . The words "Second Lien Bonds " shall mean the fol- <br /> lowing : <br /> (1) The outsta:: �'.ng $3,550,000 of water revenue bonds <br /> of the City issued under date of October 1, 1957 <br /> (2) The outstanding $105,000 of water revenue bonds of <br /> the City issued under date of April 1, 1960 <br /> (3) The outstanding $26,000 of water revenue bonds of <br /> the City issued under date of April 1, 1961. <br /> g . The words "Third Lien Bonds " shall mean the out- <br /> standing $750,000 of water rev :. .ae bonds of the City issued <br /> under date of December 15, 1951. <br /> The Prior Lien D'.:ad^,, the Second Lien Bonds, and the <br /> Third Lien Bonds are the only revenue bonds of the City out- <br />