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the improvements provided for by this ordinance, in accordance with <br /> plans and specifications therefor now on file in the office of the <br /> City Clerk for public inspection, in the event the proceeds derived <br /> from the sale of the bonds author3zed under this ordinance are not <br /> sufficient to pay the cost of completin� said improvements; provided <br /> that if additional bonds are to be issued for the purpose of com- <br /> pleting and paying the cost of the improvements herein provided, <br /> preliminary to the adoption of any ordinance for the issue of any <br /> of such bonds, there shall be prepared and submitted to the Council <br /> of said City, by the engineers employed by the City for that purpose, <br /> a certificate to show the total amount of work completed to date� <br /> the total cost thereof, the total amount of work to be completed, and <br /> the estimated cost of completion thereof, and said certificate shall <br /> be approved by the Council of the City and filed in the office of the <br /> City Clerk for public inspection. <br /> In addition to the foregoin�, if, prior to the payment of <br /> all the bonds hereby authorized, it shall be found desirable to re- . <br /> fund part of the bonds hereby authorized, said bonds may be refunded <br /> notwithstandin� the restrictions as to the issuance of additional <br /> bonds set forth in this section (with the consent of the holders <br /> thereof unless the bonds to be refunded are sub�ect to redemption <br /> and provision for call and redemption thereof is duly made�, and any <br /> refunding bonds so issued shall share ratably and equally in the <br /> revenues of said waterworks system and the pled�e �ereof under this <br /> ordinance with the portion of the bonds her�by authorized which are <br /> not refunded; provided, further, that if any such bonds are refunded <br /> in such manner that the interest rate is increased or the refunding <br /> bonds mature at a date earlier than the maturity of the bonds not <br /> refunded, then such refunding bonds shall not share ratably and <br /> equally in the revenues of said waterworks system with the portion <br /> of the bonds remaining outstanding authorized under this ordinance. <br /> Section 11. The �ity of Decatur covenants and agrees <br /> with the holders of said bonds and coupons hereby authorized that so <br /> -16- <br />