All bonds issued under this subchapter have a lien upon the revenues and receipts derived from the project for which the bonds have been issued, and Council may provide in the ordinance authorizing the bonds for the issuance of additional bonds to be equally and ratably secured by a lien upon the revenues and receipts or may provide that the lien upon the revenues and receipts is subordinate.
(2000 Code, § 3.12.070)