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revenue less operating expenses) derived by the City from its water and sewer systems, as such systems may be expanded from time to time, and from other funds, if any, that have been or may be pledged for such purpose. Nothing in this Ordinance, the Bonds or any documentation under which the Bonds may be issued shall be deemed to pledge the full faith and credit and taxing power of the City to the payment of the Bonds. The Bonds will be issued under and are equally and ratably secured by a Master Indenture of Trust to be dated a date determined by the City Representative (the "Master Indenture ") between the City and a trustee to be selected by the City Representative (the "Master Trustee "), as supplemented by a First Supplemental Indenture of Trust (the "Supplemental Indenture" and together with the Master Indenture, the "Indenture ") to be dated a date determined by the City Representative, between the City and the Master Trustee, as "Parity Indebtedness" as defined therein. 5. Details and Sale of Bonds. (a) The Bonds shall be issued and sold upon the terms established pursuant to this Ordinance, the Indenture and the Financing Agreement and upon such other terms as may be determined in the manner set forth in this Ordinance. The Bonds shall be issued in fully registered form and shall be dated such date as the City Representative may approve. The Bonds shall be numbered from R -1 (or such other designation as the City Representative may approve) upwards consecutively. The Bonds shall mature in the years and amounts, shall bear interest payable semi - annually at such rates and shall be subject to redemption prior to maturity on such terms all as set forth in the Financing Agreement. The City Representative is hereby authorized to determine whether to issue the Bonds in one or more series in connection with one or more of VRA's Virginia Pooled Financing Programs; provided that the parameters set forth in (b) below are satisfied.