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ORDINANCE NO. NS- 1609 PAGE SEVEN Sec. 28-10. Terms of Bonds. Any resolution issuing any Bonds may contain provisions respecting any of the following terms and conditions, which shall be a part of the contract with holders of the Bonds: the (a) The pledge of all or any part of the Revenues, subject to such agreements with Bondholders as may then exist. (b) The interest and principal to be received and other charges to be charged and the amounts to be reaised each year thereby, and the use and disposition of the Revenues. (c) The setting aside of reserves or sinking funds and the regulation and disposition thereof. (d) Limitations on the purposes to which the proceeds of a sale of any issue of Bonds, then or thereafter issued, may be applied, and pledging such proceeds to secure the payment of the bonds or any issue of Bonds. (e) Limitations on the issuance of additional Bonds, the terms upon which additional Bonds may be issued and secured, and the refunding of outstanding Bonds. ~f) The procedure, if any, by which the terms of any contract with Bondholders may be amended or abrogated, the amount of Bonds the holders of which must consent thereto, and the manner in which such consent may be given. (g) Specification of the acts or omissions to act which shall constitute a default in the duties of the City to holders of its obligations, and providing the rights and remedies of such holders in the event of default. (h) The mortgaging of land, improvements, or other assets owned by a Participating Party for the purpose of securing the Bondholders. (i) Such other terms and conditions pertaining the issuance of the Bonds as are deemed advisable by the City Council. to Sec. 28-11. Trust Agreement. In the discretion of the City Council, any Bonds issued under the provisions of this Chapter may be secured by a trust agreement by and between the City and a corporate trustee or trustees, which may be any trust company or bank having the powers of a trust company within or without the State. Such trust agreement or the resolution providing for the issuance of such Bonds may pledge or assign the Revenues to be received or proceeds of any contract or contracts pledged, and may convey or mortgage any property. Such trust agreement or resolution providing for the issuance of Bonds may contain such provisions for protecting and enforcing the rights and remedies of the Bondholders and of the trustee or trustees, and may restrict the individual right of action by Bondholders. In addition to the foregoing, any such trust agreement or resolution may contain such other provisions as the City Council may deem reasonable and proper for the security of the Bondholders.