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. ,� • <br /> Section 4. Additional Powers . In addition to powers <br /> which it may now have, the City shall have the power under this <br /> ordinance : <br /> (1) To construct, acquire by gift , purchase or lease, <br /> to reconstruct , improve, better or extend and to finance one or <br /> more Projects, whether or not now or hereafter in existence, <br /> and, if desirable, to acquire by gift , purchase or lease lands <br /> or rights in land in connection with any Pro�ject . <br /> (2 } To issue its revenue bonds to defray in whole or in <br /> part the Project Costs of any Project which bonds shall be issued <br /> pursuant to a Bond Ordinance authorizing the same . <br /> (3) To enter into security agreements with any Hospital <br /> in order to secure the City ' s revenue bonds , provided, however, <br /> that any such security agreement must provide that such Hospital <br /> shall pay to, for or on behalf of the City an amount sufficient to <br /> pay principal, interest , redemption premiums and all other costs <br /> in connection with the City' s revenue bonds so that such bonds will <br /> never constitute an indebtedness of the City or a loan of its credit <br /> within the meaning of any constitutional or statutory provision. <br /> (4) To pledge to the punctual payment of such bonds the <br /> interest thereon, and the redemption premiums , if any, the revenue <br /> and receipts to be received pursuant to such security agreements . <br /> (5) To mortgage the Hospital Facility in favor of the <br /> holder or holders of bonds issued therefor. <br /> (6) To issue its bonds to refund in whole or in part , <br /> bonds theretofore issued by the City under the authority of this <br /> ordinance . <br /> -4- <br />