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• <br /> January 13,198822 <br /> 8. Section 12.8 of the Ordinance to amended to read as <br /> follows: <br /> B. The City Bl calculate <br /> NeArbitrage <br /> Eaarnin a Amount for each od Year and shall maintain <br /> afEe Arbitrage Earnstin the Arbitrate Fund or <br /> the next succeeding BOM Y leen N amounts,if <br /> Ipaid nsB ted Staten erF <br /> neeetmencearnings on UeArbitrageF <br /> shall be retained therein. ThArbitrage Earnings <br /> Amount shall be <br /> calculated as follows: <br /> (.) The aggregate amount earned on the <br /> amounts deposited in the Construction Fwd, 1988 <br /> DebService Subaccount, nt 19881a Sinking Fund <br /> minus a the 1988 Ree the h and U1908 •• <br /> Advance Refunding Fund fort Computation Period, <br /> ,1'.. PI The• would have <br /> Dean sed aggregate <br /> that <br /> in • <br /> Fund,the <br /> h1988 D SubaccouNe <br /> t' ERE Construction 2 FUM Account, v <br /> the <br /> Computation Period Advance <br /> eneuch Refunding <br /> Fund hadorbemn <br /> invested <br /> t a <br /> ld <br /> yj the 1988a Bonds efor�the Computational to the actuarial <br /> Period, d on <br /> plua • <br /> k' (3) My income (whether <br /> . income <br /> 0t that • <br /> ets such yield n the1988 onds)i. )`Pattributable to the acof Ca amount computed <br /> under subparagraph <br /> 1ver the amount computed • <br /> under subpragaph(2) <br /> r If the <br /> gross <br /> earnings on the 88991t.B ithe 1988 <br /> Service Debtoa mid 1988 Bond Account <br /> allocable to the 1988 Bonds for any Bond Year during <br /> Computation Period were less Nan$100,000, the amount <br /> IF: <br /> earnings on such Subac Leuntafor c reach mum Bond <br /> runt <br /> be taken is the <br /> ") computear <br /> must ations eta subparagraph(1)and(2)above. <br /> 8, 9. section 12.0 of the ordinance is amended to reed as <br /> C. The City shallkU <br /> deposits into m <br /> Arbitrage Puvd t maintain it at the Arbitrage Earnings <br /> Amount,Bless amount., if an uely paid to the <br /> be made as provide herein. <br /> Service <br /> shall <br /> • Ne 988 a in in a 1988 O 1988ndRccount <br /> eserve . <br /> Account, and ConstructiS11.11on Fund, the <br /> Chet the Arbitrage Earnings unAmouat Account,Fund arable extent <br /> • <br /> Arbitrage Fund a of earning and <br /> accounts <br /> 1 respectively, or from any other lawfully N available <br /> moneys of itrt a City.88 ala mauls 8 t a withdrawn from e <br /> a decrease <br /> Arbitrage Earniage may deposited in the <br /> Revenue FUM. Earnings on n the Arbitrage Fund <br /> 'n Nerein and m �t a be <br /> into a <br /> determining a decrease in the may <br /> Earnings Amount. in <br />