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versa. <br />(f) Words importing the singular number include the plural number and vice <br />Section 2. Compliance with Parity Conditions The Council hereby finds and <br />determines, as required by Section 13 of Ordinance No. 2208-97, Section 11 of Ordinance No. <br />2607-02 and Section 11 of Ordinance No. 2690-03, as follows: <br />(1) That the Bonds are being issued for the purpose of providing funds to <br />acquire, construct, reconstruct, install, or replace equipment, facilities, additions, betterments, or <br />other capital improvements to the System for which it is authorized by law to issue revenue <br />bonds; <br />(2) There is not now and there will not be, at the time of the issuance of <br />Bonds, any deficiency in the Revenue Bond Fund or any accounts therein. <br />(3) There are no assessments levied in any utility local improvement district <br />to pay for additions and improvements to and extensions of the System which will be constructed <br />from the proceeds of the Bonds. <br />(4) No revenue bonds, warrants or other revenue obligations are being <br />refunded with the proceeds of the Bonds. <br />Bond Fund. <br />of the Bonds. <br />(5) The principal of and interest on the Bonds is payable out of the Revenue <br />(6) The Reserve Requirements shall be met no later than the date of issuance <br />(7) Prior to the delivery of the Bonds the City shall have on file in the office <br />of the Clerk of the City a certificate of an independent professional engineer or certified public <br />accountant dated not earlier than ninety (90) days prior to the date of delivery of the Bonds and <br />-11- P:\CMW\CMW6WH 09/06/05 <br />