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' matters of arbitrage, the Mayor is hereby designated an officer <br /> responsible for issuing the Bonds. <br /> GENERAL COVENANTS <br /> Section 10. The Issuer covenants that it will promptly <br /> cause to be paid solely and only from the sources mentioned in <br /> the Bonds, the principal installments of and interest on the <br /> Bonds hereby authorized at the place, on the dates and in the <br /> manner provided herein and in the Bonds according to the true <br /> intent and meaning thereof. The Bonds and the obligation to pay <br /> interest thereon are limited obligations of the Issuer, secured <br /> by the Mortgage and any Lease Assignment and payable solely out <br /> of the receipts derived by the Issuer from the Loan Agreement and <br /> otherwise as provided herein and in the Loan Agreement or any <br /> guarantee in connection therewith. The Bonds and the obligation <br /> to pay interest thereon shall not be deemed to constitute an <br /> indebtedness or a loan of credit of the Issuer, the State of <br /> Illinois or any political subdivision thereof, or a charge <br /> against their general taxing powers , within the meaning of any , <br /> constitutional cr statutory provision of the State of Illinois. I <br /> The Issuer covenants that it will faithfully perform at all times ' <br /> any and all covenants, undertakings , stipulations and provisions <br /> contained in this Bond Ordinance, in the Bonds and in all pro- <br /> ceedings of its City Council pertaining thereto. The Issuer <br /> covenants that it is duly authorized under the Constitution of <br /> the State of Illinois, including particularly and without limita- <br /> tion the Enabling Ordinance, and under Section 103 (n) of the Code <br /> to issue the Bonds authorized hereby, and to pledge and assign <br /> the receipts hereby pledged and assigned in the manner and to the <br /> -28- <br />