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AP.R 16 1966 Bou 64 F;, J96 <br />Resolution is hereby amended to read as follows: <br />"(6) Sixth, after the above required payments have <br />been made, for any lawful purpose." <br />E. The next to the last paragraph of Subsection 16C of <br />the Resolution is hereby amended to read as follows: <br />"Money on deposit in the Revenue Fund, the Sinking Fund <br />(excluding the Bond Amortization Account and the Reserve Account <br />therein), the Bond Amortization Account and the Improvement Fund <br />may be invested and reinvested in Authorized Investments which <br />mature not later than the dates on which the money on deposit <br />therein will be needed for the purposes of such funds and accounts. <br />Money on deposit in the Reserve Account may be invested and rein- <br />vested only in those Authorized Investments described in <br />Subsection 2D(1) of this resolution, maturing not later than the <br />last maturity of the Bonds. All income on investments derived <br />from the Revenue Fund, the Bond Amortization Account, the*Reserve <br />Account and the Improvement Fund shall be deposited in the <br />Revenue Fund. All income on investments derived from the Sinking <br />Fund (excluding the Bond Amortization Account and the Reserve <br />Account therein) shall remain on deposit therein." <br />F. Subsection 16J(1) of the Resolution is hereby <br />amended to read as follows: <br />"(1) There shall have been obtained and filed with <br />the Issuer a certificate of a Qualified Independent Consultant: <br />(a) stating that he had audited the books and records of the <br />Board relating to -the collection and receipt of the Pledged <br />Funds; (b) setting forth the amount of Pledged Funds received by <br />the Issuer for 12 months out of the 18 month period immediately <br />preceding the proposed date of delivery of such Additional Parity <br />Obligations with respect to which such certificate is made; and <br />(c) stating that the Pledged Funds for such preceding 12 month <br />period is at least equal to 1.25 times the maximum Bond Service <br />Requirement to become due in any ensuing Bond Year on the Bonds <br />then outstanding and the Additional Parity Obligations proposed <br />