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<br />and charges in connection with its ownership and operation of the <br /> <br />airport as will be at least sufficient to provide net revenues <br /> <br />which will be, together with the funds to be derived from taxation <br />as hereinabove provided, adequate to pay promptly all of the princi- <br />pal of and interest on the Certificates, and to make all deposits <br />now or hereafter required to be made into the Interest and Sinking <br /> <br />I <br /> <br />Fund created and established by this ordinance. <br /> <br />Section 13. All Funds created by this ordinance shall be <br /> <br />secured in the manner and to the fullest extent permitted or re- <br /> <br />quired by law for the security of public funds, and such Funds shall <br /> <br />be used only for the purpose and in the manner permitted or required <br /> <br />by this ordinance. <br /> <br />Section 14. That the City reserves the right to issue <br /> <br /> <br />additional Certificates of Obligation and bonds on a parity, insofar <br /> <br />as net revenues are concerned, with the City's outstanding Tax and <br /> <br />Revenue Certificates of Obligation, Series 1977, and with the Certifi- <br /> <br />1 <br /> <br />cates of Obligation of this series. <br />Section 15. That the Certificates are hereby sold and <br /> <br />shall be delivered to Hays County National Bank, San Marcos, Texas, <br /> <br />- ------- <br />for the principal amount thereof and accrued interest thereon to <br /> <br />date of delivery. Accrued interest received upon delivery of the <br /> <br />Certificates shall be deposited in the Interest and Sinking Fund. <br />Section 16. That the Mayor of said City is hereby author- <br />ized to have control of the Certificates and all necessary records <br /> <br />and proceedings pertaining to the Certificates pending their delivery <br /> <br />and their investigation, examination, and approval by the Attorney <br /> <br />General of Texas, and their registration by the Comptroller of Pub- <br />lic Accounts of the State of Texas. Upon registration of the Cer- <br />tificates, said Comptroller of Public Accounts (or a deputy desig- <br /> <br />nated in writing to act from said Comptroller) shall manually sign <br />I the Comptroller's Registration Certificate printed and endorsed on <br />each of the Certificates, and the seal of said Comptroller shall be <br /> <br />impressed or placed in facsimile on each of the Certificates. <br /> <br />Section 17. That the City covenants to and with the <br />purchasers of the Certificates that no use will be made of the <br />