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<br />Section 3.03. Consent to Bond Issuance. Notwithstand- <br />ing anything to the contrary herein, the City hereby consents <br />to the issuance of Bonds necessary to finance the <br />construction of any District facilities as provided in this <br />Amended Agreement. <br /> <br />Section 3.04. <br /> <br />District Authority. <br /> <br />(a) It is acknowledged and agreed that this Amended <br />Agreement does not restrict or limit the District I s powers <br />and authority to acquire, own, operate, and maintain water, <br />wastewater, or drainage and storm sewer systems and <br />facilities, recreational facilities, or any other systems, <br />facilities, assets, or properties of or serving the District <br />not inconsistent with this Amended Agreement. Such assets <br />shall include, without limitation: system revenues or monies <br />raised from the collection of an ad valorem tax not otherwise <br />committed for the payment of the District's outstanding <br />Bonds; maintenance taxes: loans, gifts, grants, and donations <br />from public or private sources; and revenues from any other <br />source lawfully available to the District. <br /> <br />(b) The District may use funds and assets from any <br />other available, lawful source to acquire, maintain, and <br />operate District facilities as well as to accomplish any <br />purpose or to exercise any power or right authorized by law <br />in conformity with this Amended Agreement. <br /> <br />(c) The City hereby consents to the tax-exempt financ- <br />ing by the District to the full extent permitted by law and <br />the Commission of the project which is designed to provide <br />all water, wastewater, and drainage utilities necessary to <br />serve the District at its full build-out, including Regional <br />Facilities and internal facilities and at the same time to <br />further the City's and District's shared goal of utilities' <br />regionalization to the greatest extent possible and which is <br />described in Exhibit C attached hereto (the "Project"). The <br />parties acknowledge that certain details of the Project may <br />be mutually modified in the future as more fully discussed in <br />Section 4.02(b) hereof and agree that the District consents <br />to finance only the Project, as it may be amended with the <br />approval of all parties hereto from time to time. Exhibit C <br /> <br />-8- <br />