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C. Early Voting District 3 Total <br />For 37 72 109 <br />Against 1 9 10 <br />Total Cast 119 <br />D. Early Voting District 4 Total <br />For 119 89 208 <br />Against 8 11 19 <br />-- Total Cast 227 <br />E. Early Voting District 5 Total <br />For 90 67 157 <br />Against 6 7 13 <br />Total Cast 170 <br />F. Early Voting District 6 Total <br />For 162 19 181 <br />Against 3 2 _5 <br />Total Cast 186 <br />G. Early Voting District 7 Total <br />For 264 258 522 <br />Against 10 10 40 <br />Total Cast 562 <br />000351 <br />38. Proposition 38: Amend Section 65, "Creation of sinking fund and investments," <br />to replace outdated language regarding the manner that bond funds may be <br />invested with language consistent with current law and practices, so that the <br />section shall read: <br />The ordinance authorizing any bonds to be issued shall provide for the creation of a <br />sinking fiend sufficient to pay the bonds or warrants at maturity, and make provision <br />for the payment of the interest thereon as it matures, and any surplus in any sinking <br />fund or any general fund may be invested in accordance with the city's investment <br />policy and the Public Funds Investment Act. Such surplus funds may also be used for <br />the purchase of bonds or warrants of the City of Paris that are not yet due; provided, <br />however that the price paid for said bonds or securities shall not exceed the market <br />value at the time of purchase and the accrued interest provided for in said bonds or <br />securities, and provided further that no such bonds or securities shall be purchased <br />which, according to their terms, mature at a date subsequent to the time or maturity <br />of the bonds for the payment of which such sinking fund was created. Neither interest <br />nor sinking fund shall be devoted to any other purpose whatsoever. <br />-39- <br />