Section 16999.5 - Form and terms of bonds(a) All bonds shall contain a brief statement of the priorities in the application of utility revenues and shall contain a covenant of the city to pay when due the amounts required to pay the interest on and the principal of the bonds and a statement as to the revenues and funds available for such payment.(b) Bonds may be issued in such denominations, in bearer or in fully registered form; shall bear such identifying designation or title; shall be dated; shall be payable at such rate or rates of interest, including supplemental, contingent or variable interest, payable on such dates; may be subject to such provisions for redemption in whole or in part or both, at such prices, at such times and places; shall be stated to mature on such date or dates, not exceeding five years from the date of enactment of the ordinance, in such amounts; shall be payable as to principal or interest or both at such places by the city or by such paying agent or fiscal agent of the city as the city appoints; may provide for the payment by the city of such tax or taxes on the bonds and may contain such other terms, provisions, statements or covenants, not inconsistent with this act, as the city may determine. 1982, Dec. 7, P.L. 827, No. 231, § 5, imd. effective.