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<br />~. <br />.'.-. , <br />\.. - , <br />- /" <br /> <br />~-. <br />e <br /> <br />", <br /> <br />.... <br /> <br />"!!IlP" <br /> <br />. <br /> <br />. <br /> <br />(1) !3ond"~: Pro:! the funds in the ~)~l~~teL1 lour:.,", <br />the Oity 811611 pay 1nto th.o Bond Fund during each ;,rear 1n which <br />ar...y 01' the bonds 8X'e outsta.n(11n8~COtL:iWnc1ng with the data o~ tllo <br />4eli"$l:yof the bonds noco:'l.n c.utt.orizccl to the plt..llcmHJera thoreof /J <br />SB aoount cqunl to 100 pElI' eentuou 01 the 6tyjunt j,'~"QT.lL.!l'Ot.1 to Hoat <br /> <br />t:ao inteJient mld prino1pal' per..wnta :rolling duo on 01" beforo the <br />ne:.t1; met\r.I~it~.. dato ofl tlle b=.c1o. In uddition to SUcll ,po.yment, <br />'t;l1o ~1t~ siloll vay lntl 0 tl10 laond l'und 1';>>QO the r.,~atcB Puna :1n <br /> <br />~~h Y€U'J:- t'i1-onty (2~~) .vo~ eontum at) t11e above ~')O~lu..irci1 mJOun~ <br /> <br />UAlt;;.l iJucb time us tllor" is 1n the Bond. .Fund on t:~.uwun.t our:?1cient <br /> <br />to J1eet t~a intEWE:et and pl'linoipll ~YiJent3 f'allii.lJ due 0;1 or <br /> <br />before tas next lJa.tur~ty dAte of t~o iJo.'1.do and t~le ~.rJ.toI)~st alul <br /> <br />princ1pa.1 ;ps.y.uonts on the 1,loJ1(J,s fOIt tvo ~t)G.rs t.ila:r~:.\fto~. fJ.'i;1C <br />8UOunt required to be paid into tb.c ilond J.,lun,d in ooc;iJ. ye.:;.r I:tm1l.1 <br />'be p&iU 1nsubt1tant:La1l)~ equal QOntUly ~~uonta i'~ J t~e :.n.oneys <br />in t~'le etystem Fun4, nt~~ deGu~'tio:n.s have been nt~de f'o~ l:a.ymc.; <br />the reo.e;oncble cost of the oi)6i'atinS end t:aintGlnil.li; of t,lJ.e <br /> <br />~:lystem 1.01' fluc24 mant.... If tho revenues of tho LyotCUl in any <br /> <br />month, ufter 4educt10DJlJ rOl~ opereti~ G.nd maiIl':;{;:lEl,\OO~ a:ac ~..u'" <br />sufficient to wake tl.1e r'ilqu.i.red ~YiD.ont into tilo 2.'nd Pu.ni:l.~ then <br />th.e a.mo'unt of ~' de1-io1enol ill tho po.ymont k::m.Ui;e ~tldo~ '~o t~J.0 <br />amount utlJ.oi"'"tlise l.~equi;>cd to be ,paid into the ilo.at1 Fu..~ ll:;. the <br />l'lex' molttb. It it the intent of this provls:ton toot the OUlJO <br />pale into the Dona. f"lUUl shall 'be in E)XcE;SS of' t;le ::::-ill!E:c.:iato <br /> <br />:\:'tlqUlrejJ1enta ro!:' 1Jtlyment o:i:' .:lnter:ast on aDd pJ;'inci,;;nl 0: t::e <br /> <br />boacl8 ',wtlJ. 1;bore 11&5 been COC'ltmu1.o.ted :In the E~ ?;.\'lc1" e.~ <br /> <br />Do l"eseJ.'Vs for oont1n~$nclea I an aMount a'af:fleient to sorvice <br /> <br /> <br />the bOJ:lds for, two years. Tho moneys in the DOl.l.d 'Fund 3A1s11 be <br /> <br /> <br />used 801el1 .for thu p'U1"pose of pc.y:1ng interest 0:1 .:.:nci princi~l::" <br /> <br /> <br />of the bonds until 611 the bonds have been vet;l.1"ed; pllov~c1od that" <br /> <br /> <br />wilen the total :tn the Bond.. Fund 1s equal to tl10 &~e~to pr3.n- <br /> <br /> <br />cipal amount of the bonde out$tandin~ plus aoc~ued inte~cet <br /> <br /> <br />thereon", the mone~s in tbe lbnd iUIld mtty 'bo u~ed to plU'cCase <br />