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and other charges made and collected for the service of such System, which Revenues and the other revenues pledged pursuant to the provisions of the Original Resolution are not now pledged or encumbered in any manner, except for the payment of the Series 1993 Bonds. (B) The principal of and interest and redemption premium, if any, on the Series 1996 Bonds, the Series 1993 Bonds and all reserve and other payments shall be payable solely from the Pledged Funds as provided herein and in the original Resolution. The County shall never be required to levy ad valorem taxes on any real or personal property therein to pay the principal of and interest on the Series 1996 Bonds or to make any other payments provided for herein. The Series 1996 Bonds shall not constitute a lien upon any properties owned by or located within the boundaries of the County. (C) The Original Resolution, in Section 17(P) thereof, provides for the issuance of Additional Parity Bonds under the terms, limitations and conditions provided therein. (D) The County has complied with the terms, conditions and restrictions contained in the Original Resolution. The County is, therefore, legally entitled to issue the Series 1996 Bonds as Additional Parity Bonds within the authorization contained in the Original Resolution. (E) The Series 1996 Bonds herein authorized shall be on a parity and rank equally, as to lien on and source and security for payment from the Pledged Funds and in all other respects, with the Series 1993 Bonds. SECTION 4. AUTHORIZATION OF SERIES 1996 PROJECTS. The acquisition, construction, furnishing and equipping of the Series 1996 Projects, more particularly described on Exhibit A attached hereto, are hereby authorized in accordance with the plans and specifications on file or to be on file with the County, as modified from time to time as deemed necessary or desirable by the County. SECTION 5. RESOLUTION TO CONSTITUTE CONTRACT. In consider- ation of the acceptance of the Bonds authorized to be issued here- under by those who shall hold the same from time to time, this Resolution shall be deemed to be and shall constitute a contract between the County and such Holders. The covenants and agreements herein not forth to be performed by the County shall be for the equal benefit, protection and security of the legal Holders of any and all of the Bonds, all of which shall be of equal rank and without preference, priority or distinction of any of the Bonds over any other thereof, except as expressly provided therein and herein. SECTION 6. AUTHORIZATION OF SERIES 1996 BONDS. Subject and pursuant to the provisions of the Original Resolution and hereof, obligations of the County to be known as "Water and Sewer Revenue Bonds, Series 1996" (the "Series 1996 Bonds") are authorized to be