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any of the Outstanding Prior Lien Bonds, the Outstanding Parity Bonds, <br /> the Bonds, and any Future Parity Bonds are outstanding that will make <br /> available for the payment of the prirvipal of and interest on all of <br /> such bonds as the same shall become due an amount equal to at least <br /> 1.25 times the maximum amount required in any calendar year hereafter <br /> for the payment of all of such principal and interest, after normal <br /> costs of maintenance and operation of the System have been paid but <br /> before depreciation. <br /> b. The provisions of Sections 5, 6, 8, 9, 10, 11, 12 and <br /> 13 of Ordinance No. 3633 are hereby incorporated in this ordinance <br /> as if set forth herein and by such incorporation are made applicable <br /> to the Bonds where so indicated, and are hereby made a part of this <br /> ordinance with respect to the Bonds as though fully set forth herein. <br /> c. The city hereby reserves the right to issue Future <br /> Parity Bonds under the same terms, conditions and requirements and <br /> with the same limitations and restrictions as provided in Section 12 <br /> of Ordinance No. 3633 for the issuance of revenue bonds on a parity <br /> with the Outstanding Parity Bonds and the Bonds. <br /> section 9. The Bonds shall be in substantially the following <br /> form: <br /> UNITED STATES OF AMERICA <br /> NO. $1,000 <br /> STATE OF WASHINGTON <br /> CITY OF EVERETT <br /> WATER REVENUE BOND, 1960 <br /> KNOW ALL MEN BY THESE PRESENTS : <br /> That the City of Everett, a municipal corporation of the <br /> State of Washington, hereby acknowledges itself to owe and for <br /> value received promises to pay to bearer on the first day of <br /> October, 19 , the principal sum of <br /> -9- <br />