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0 <br />40 <br />40 <br />mature not later than fifteen (15) days prior to the dare on <br />® whish such moneys shall be needed to pay the pri.nci.pal of and <br />interest on the Bonds in the manner herein provided, but moneys <br />on deposit to the credit of the Revenue Fund and the operation <br />and I,ai.ntenance Fund shall be not invested at any time. The <br />�i <br />securities so purchased as an investment of funds shall be deemed <br />at all times to be a part of the account from which such funds <br />were withdrawn, and any loss resulting from such i.nvestr;cnt shall <br />be charged to such account., and any interest accruing on such <br />investment or any other profit realized therefrom shall be depos- <br />ited to the Reserve Account until there shall be on deposit to <br />the credit of the Reserve Account the maximum amount required by <br />this Instrument_, after which such interest or profit. shall be <br />deposited in the Revenue Fund. <br />(G) Rates and Charges. The Issuer covenants and <br />agrees that it. gill fix, estai)lish, revise from time to time <br />whenever necessary and maintain always, so long as any of the <br />Bonds are outstanding, such schedule of rates, fees, rentals and <br />charges for the services and facilities of the System which will <br />produce revenues which shall be sufficient to provide for current <br />debt service and reserve requirements for the Bonds and pay <br />Operating Expenses; and -that such rates, fees, rentals or other <br />charges will not be reduced so as to be insufficient to provide <br />funds for such purposes. The Issuer covenants and agrees that so <br />long as any of the Bonds are outstanding and unpaid, at the same <br />time and in like manner that the Issuer prepares its Annual <br />Budget of Operating Expenses, the Issuer shall annually prepare <br />an estimate of Gross Revenues for the ensuing Fiscal Year, and to <br />the extent that Gross Revenues are insufficient to pay such debt <br />service requirements during such ensuing year, build up and main- <br />tain the required reserves for all such obligations and pay <br />Operating Expenses, the Issuer shall revise the fees and rates <br />charged for the use of the services and facilities of the System <br />sufficiently to provide the funds required. <br />(H) Issuance of Other Obli.cati.ons. <br />(1) The Issuer covenants and agrees that_ in the event <br />the cost_ of construction or completion of the Project shall <br />exceed the dollar amount of Bonds herein authorized, it shall <br />deposit into the Construction Account the amount of such excess <br />out of funds available to it for such Purpose, and the Issuer may <br />provide such excess, and only such excess, through the issuance <br />of parity Bonds conforming to the requirements of paragraph (3) <br />of this subsection; but except_ to complete the Project, it will <br />not issue any other obli.cjati.ons payable from or secured by the <br />Pledged Funds or any part_ thereof, unless the conditions <br />hereinafter set forth shall be met, oc: unlet:; the lien of such <br />Obligations is junior and suhordi.nate in all respects to the lien <br />Of the Bonds. <br />-24- <br />