92-013 ORD CERTIFICATE FOR ORDINANCE AUTHORIZING ISSUANCE OF COP WATERWORKS AND SEWER SYSTEM REVENUE BONDS SERIES 1992

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Revenue Bonds Interest and Sinking Fund or the Revenue Bonds Reserve Fund, such deficiency shall be made up as soon as possible from the next available Net Revenues. (b) That, subject to making the required deposits to the credit of the various Funds when and as required by this ordinance or any ordinance authorizing the issuance of Revenue Bonds, any Surplus Revenues may be used by the Issuer for any lawful purpose, in particular such Surplus Revenues shall be deposited into the Interest and Sinking Fund established by the ordinance authorizing the Series 1991 Bonds in accordance with Section 10 of said ordinance. Section 23. PAYMENT OF BONDS AND REVENUE BONDS. On or before June 10, 1992, and semiannually on or before each December 10 and June 10 thereafter while the Bonds, and any Revenue Bonds are outstanding and unpaid the Issuer shall make available to the Paying Agent/Registrar therefor, out of the Interest and Sinking Fund, or if necessary, out of the Reserve Fund, money sufficient to pay, on each of such dates, the principal of and interest on the Bonds, and any Revenue Bonds as the same matures and comes due, or to redeem the Bonds, and Revenue Bonds prior to maturity, either upon mandatory redemption or at the option of the Issuer. At the direction of the Issuer the Paying Agent/Registrar shall either deliver paid Bonds, and any Revenue Bonds to the Issuer or destroy all paid Bonds, and any Revenue Bonds, and furnish the Issuer with an appropriate certificate of cancellation or destruction. Section 24. REVENUE BONDS. (a) That the Issuer shall have the right and power at any time and from time to time, and in one or more Series or issues, to authorize, issue, and deliver additional parity revenue bonds (herein called "Revenue Bonds"), in accordance with law, in any amounts, for any lawful purpose, including the refunding of any Bonds, Revenue Bonds, or other obligations. Such Revenue Bonds, if and when authorized, issued, and delivered in accordance with this Ordinance, may be payable from and secured by an irrevocable first lien on and pledge of the Net Revenues, all as hereinafter provided. (b) That Revenue Bonds, if and when authorized, issued, and delivered in accordance with this Ordinance, shall be payable from a Revenue Bond Interest and Sinking Fund to be created hereafter by the ordinance authorizing the issuance thereof which shall be funded in equal monthly installments, and shall be payable from and secured by an irrevocable lien on and pledge of the Net Revenues, equally and ratably on a parity with all other outstanding Revenue Bonds, if any. (c) That the principal of and interest on all Revenue Bonds must be scheduled to be paid or mature on June 15 and/or December 15 of the years in which such principal and interest are scheduled to be paid or mature. Section 25. FURTHER REQUIREMENTS FOR REVENUE BONDS. That Revenue Bonds shall be issued only in accordance with this ordinance, and no installment, Series, or issue of Revenue Bonds shall be issued or delivered unless: 26