§ 258-157. Covenants of state.

That the state of Florida hereby covenants with the holders of any bonds or other obligations issued pursuant to this article, and the coupons appertaining thereto, that it will not in any manner limit or alter the power and obligation vested by this article in the district to fix, establish and collect, in the manner provided in this article, such fees, rentals, or other charges for the facilities and services of such system or systems, and to revise the same from time to time whenever necessary, as will always be sufficient, together with any other pledged funds, to pay the expenses of operation, maintenance and repair of such system or systems, the principal of and interest on all bonds or other obligations issued pursuant to this article for such system or systems, and to comply fully with and fulfill the terms of all agreements and covenants made by the district with holders of such bonds or other obligations, until all such bonds or other obligations, together with all interest accrued or to accrue thereon, and all costs or expenses in connection with any action or proceedings by or on behalf of the holders of such bonds or other obligations are fully paid and discharged, or adequate provisions made for the payment or discharge thereof.

(Laws of Fla. ch. 57-1174, § 22)