The provisions of any water revenue bond ordinance shall constitute an appropriation of the amounts required as therein referred to and described and upon the delivery of the bonds therein authorized, the proceeds thereof shall be used solely and only for the purpose or purposes for which the bonds were authorized. Upon the adoption of any such bond ordinance by the city council and its approval by the mayor, the same shall be published by the city clerk in pamphlet form and shall be in full force and effect upon its publication. Such water revenue bond ordinance shall not be subject to referendum approval by the voters but shall become effective upon its publication as above provided for.
(Prior code § 7-73)