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thereof and shall bear interest at such rate a <br />r rates per <br />annum not exceeding thirteen per centum X13%~ er annum <br />p <br />d. Provision shall be made for the com lete <br />p amor- <br />tization of the principal amount of each issue of b <br />ands <br />issued under the authority of Ordinance Na. 19172 a ' <br />nd this <br />ordinance within a period of thirty years from the res <br />pec~ <br />tive date of such issue, through the medium of seria <br />1 or <br />sinking fund bonds or otherwise, as the Board ma ' <br />y determine, <br />e. Subject only to the provisions of the resolu- <br />tions heretofore adopted by the Baard rovidin far <br />p g the <br />issuance of bonds payable from the net revenues o <br />f the <br />Electric Utility Systems any pledge of the revenues or <br />other <br />moneys ar obligations of the Electric Utility System made b <br />y <br />the City acting by and through the Baard shall have <br />such <br />lien and priority as the Board shall determine and <br />shall be <br />valid and binding from the time such pled a is made a d <br />g ~ n the <br />revenues or other moneys or obligations so pledged and <br />thereafter received by the pity shall immediatel b ' <br />y e subject <br />to the lien of such pledge without any ph sisal delive <br />y ry or <br />further act. <br />f. Without limiting the powers extended to the <br />Board to determine terms and conditions of the bonds and <br />other evidences of indebtedness in addition to and no ' <br />t in <br />conflict herewith, the Board is authorized in its disc <br />re <br />tion~ and to the extent permitted by law to rov'd ' <br />p i e in con- <br />nection with the authorization ~f any issue of such <br />bands; <br />ordinance -- 4 <br />