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b. The word "Bonds" shall mean the $750,000 par value <br /> of water revenue bonds of the city issued pursuant to and for the <br /> purposes authorized in this ordinance. <br /> c. The words "Outstanding Prior Lien Bonds" shall mean <br /> the following: <br /> (1) The outstanding water revenue bonds of the city <br /> issued under date of July 1, 1952, of which issue there are <br /> now outstanding bonds in the total principal amount of <br /> $851,000. <br /> (2) The outstanding water revenue bonds of the city <br /> issued under date of October 1, 1957, of which issue there <br /> are now outstanding bonds in the total principal amount of <br /> $3,630,000. <br /> (3) The outstanding water revenue bonds of the city <br /> issued under date of April 1, 1960, of which issue there <br /> are now outstanding bonds in the total principal amount of <br /> $110,000. <br /> (4) The outstanding water revenue bonds of the city <br /> issued under date of April 1, 1961, of which issue there <br /> are now outstanding bonds in the total principal amount of <br /> $31,000 . <br /> The Outstanding Prior Lien Bonds are the only revenue <br /> bonds of the city outstanding at this time for the payment of the <br /> principal of and interest on which the gross revenue of the System <br /> has been pledged. <br /> Section 2. The city shall acquire, construct and install <br /> the following-described facilities, and the acquisition, construction <br /> and installation of the same is hereby specified and adopted as a <br /> necessary plan of additions and improvements to the System: <br /> 2 . <br />