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1 1 1 . t I Y f V, t 1 . f I <br />1 1 f 1 1j 'i v 1 1 1 " I 11i a 11 1n .'r11 1 <br />r, t f, r r ( I i <br />. . •. : , . ­ U!, Y ) t r( ]f * <br />wit 1, j -1w 1 1, tit I I i'i i .='i I fit Po t11 i 11 Pa ail etI 1111"i;'A ra <br />ri t;at}1 i rsn i ra a tl _Uj <br />i rind whor-o cor-"Inf-A r-npi ta I a nil qu rr) 1 u n <br />in not Ivan than $S00 00n, fin(! w1j,11 ilvit- <br />1q. tjij,, fUnd� so t1€ V_r'ajtvtj <br />in securities authnri,.ri-�gid for ruch purprino )y 47,.67, r uh-- <br />division 8, as amendcd, maturinn on such dates and hearinn inta-(!!-t <br />"t Such ratan as ary rp�juirod to provi(Mi fundis, .4tifficior-it, with <br />cash r&talnind in thr encrow a­i:7otjrt, to piny when dues the intarrst <br />to acoru.c- vn the )(1641 ilonds 1--einf7 re�ujnd'"d tc, t);ojx It�%oocti-vt <br />matilt ltv antea 1r1' fhjT en4-#, <br />nr-,r"i n -I ff-ny- A r'r #n"-ifMA fnr 4jiiiii V- earl 4 nV <br />re'lempti-on aid Propoyin-lit-, '111-1 0� pay thn principal amount of vaoh <br />Of Raid 1069 hands rat maturity or at tho d0o horp'notter t1@r3lanateM <br />for the reJomption anO propavirffnt thareaf. Whe U.;tjnr nd Map= <br />V__ a-- <br />f)ori <br />Adfifinlatf a Loif aie- til nut kied to enter 1:nto all escrow Acitafff- <br />jr.-orit wavUh aoid baht . er-Liiijiliuhinq the tacmu rind condi.tiona tor the <br />escrow account in accordoree voith Minn'enritm Stntutom, Prict.lon 475.67 <br />Piril-iv,.m ViinA nr­ Tj% 1,jiripS <br />4.01. The 1969 nonfU, <br />includlilq interpAt they# -An will he ray - <br />able primarily from the escrow account ectabliphad and irravocAl <br />-Y <br />agpropriatird for x"th purpose an of the data of dolivory of the Donilat <br />t erefom no long as the emarow aconurt in maintained as prinvided in <br />--thC- -QV=0W AAgrVGM4nn t- , tho ta-yoo ate-""4-ai as <br />system revenues originaily ploriqe#1 for pa-ymvn-t---of----the ---Impr(r.*ment <br />Sands ')f 1969 and General ftlitlPtinn Water "IrVenUin, fliand-PI reaptictivelyl <br />will not be required for said. purpose, and shall be Available for, <br />WY - <br />approprintion to L -o IV -10 Parunding 13oila runo. estahlished purouarit <br />n <br />to Section .02 heron f, <br />4.01. The Handi shall L-6 pay'&!+!v from the 1976 Aef-und- _'n4 fiend <br />PUtid-tabia astabliahed nnd Mai-ia.ijiud by than - Treasurer -as <br />accounten the hook -Le of +!Nie Citi- Inr so lorg -.As- ant, of - tha Pitmils- are <br />oututanding and unpaid. Moneyo in tl-ia VuAC ghgjj_ <br />h -A - uha& ablali':to <br />ay thr� principAl of and interear 3ri thr-, ann4s am such he <br />. V - - comes dua, <br />and if any PAyment of ptinuipal clx intai4alt on the 9'onds shall:14eianne <br />-Aue-whan there- ix not au?V.eiant money I" tho rund to ifinkt, woo pay_ <br />m*nt the Treasurat shall ad�Panr%e the amount required from the rineral <br />fund of the rity.: Theirti shall ))sj,df_,ppajt*& in s#_id_.rund___(11__A <br />proment funds on hanO In the !Iater Pyntnm-noneral nbliqation Polvenue <br />end FunA ant-abliphel hy a rean-lution adopted nctohar 13# 196% and <br />&11 --future approprintion" <br />Of not revanuen-of tie water Pyotem-which. <br />would hAve otharwise been credited to said Mater flymtpm 04--iiarill obli- <br />gation Revenue Bond Fund purr uant to said zoanlutiont (ii) all ry"ents <br />Of tAXPA and payments and prepaVm.-tne <br />P.o of annsmontn levied gilt re- <br />spent to tho imp/rovv�vnts financed by tho issuance of the Improvement <br />Bonds of 1969 and alcollect <br />.-Iona fULUrU collec.-Iona of inatiallmantn of said <br />noweemclits ;h� taxesi and (iii) the cnilinctionn mf any tnxntq loviod <br />pursuant to ection 4.03 hereof and any other fundn npproprinted by <br />the Council for payment of thp Dondn. <br />