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EXHIBIT "c" pay such charges. The revenues so received shall be deemed to be Revenues derived from the operation of the Facilities, and shall be deposited and accounted for in the same manner as other Revenues derived from such operation of the Facilities. L. ENFORCEMENT OF COLLECTIONS. The Issuer will diligently enforce and collect the rates, fees and other charges for the services of the Facilities, will take all steps, actions and proceedings for the enforcement and collection of such rates, charges and fees as shall become delinquent to the full extent permitted or authorized by law; and will maintain accurate records with respect thereof. All such fees, rates, charges and revenues shall, as collected, be held in trust to be applied as herein provided and not otherwise. M. REMEDIES. Any holder of Obligations or any coupons appertaining thereto issued under the provisions hereof or any trustee acting for the holders of such Obligations may by suit, action, mandamus or other proceedings in any court of competent jurisdiction, protect and enforce any and all rights, including the right to the appointment of a receiver, existing under the laws of the State of Florida, and may enforce and compel the performance of all duties herein required or by any applicable statutes to be performed by the Issuer or by any officer thereof. Nothing herein, however, shall be construed to grant to any holder of such Obligations any lien on any property of, or in, the Issuer. N. OPERATING BUDGET. (1) The Issuer shall annually at least thirty (30) days preceding each of its Fiscal fears, in cooperation with its Consulting Engineers, prepare and adopt a detailed final 'budget for the operation of the Facilities during such next succeeding Fiscal Year. If the budget discloses that the estimated Gross Revenues will be insufficient during such Fiscal Year to make fully the current payments required in this resolution, then the Issuer shall forthwith revise the rates, fees, rentals or other charges in order to cure such estimated deficiencies and to comply with the rate covenant as provided in Subsection 15F herein. (2} The Consulting Engineers will annually review the depreciation schedules established for each major capital asset, the same being any asset of the Facilities having an original acquisition cost in excess of $10,000. There shall be included in the budget amounts necessary for deposit in the Renewal and Replacement Fund as stipulated but no less than the amount necessary to provide for the orderly replacement of such depreciable capital assets in accordance with the depreciation schedules that the Consulting Engineers shall establish. (3) No expenditure for the Operation and Maintenance of the Facilities shall be made in any Fiscal Year in excess of the amounts provided therefor in such budget without a written finding and recommendation by the general manager of such Facilities or other duly authorized officer in charge thereof, which finding and recommendation shall state in detail the purpose of and necessity for such increased expenditures for the Operation and Maintenance of the Facilities and no such increased expenditures shall be made until the governing body of the Issuer shall have approved such finding and recommendation by a resolution duly adopted. No such increased expenditures in excess of ten per centum (10%) of the amount provided therefor in such budget shall in any event be made except upon the further certificate of the Consulting Engineers that such increased expenditures are necessary and essential to the continuance in operation of the Facilities. O. CONSULTING ENGINEERS. The Issuer will annually retain an independent Consulting Engineer or engineering firm having a favorable reputation for skill and experience for the design, construction and operation of Facilities of comparable size and character as the Facilities, for the purpose of -providing the Issuer competent engineering counsel affecting the economical and efficient operation of the Facilities and in connection with the making of capital improvements and renewals and replacements of the Facilities. The Issuer may, however, employ additional engineers at any time with relation to specific engineering and operation problems arising in connection with the Facilities. The Issuer shall, at least every two (2) years, cause to be prepared by the Consulting Engineers a report or survey with respect to the management of the properties thereof, the sufficiency of the rates, and charges for services, the proper maintenance of the properties of the Facilities and the necessity for capital improvements and recommendations therefor. Such a report or survey shall also show any failure of the Issuer to perform or comply with the covenants herein contained. If any such report or survey of the Consulting Engineers shall set forth that the provisions hereof or any reasonable recommendations of such Consulting I.ngincers have not been complied with, the Issuer small 19 AUG 1 1984 BOOK 7 F,, 893 -IV