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3 <br /> (c) Coverage Stabilization Account. The Chief Financial Officer is hereby authorized <br /> to create a Coverage Stabilization Account within the Revenue Fund at the option of the Chief <br /> Financial Officer. The City hereby determines that the maintenance of a Coverage Stabilization <br /> Account will moderate fluctuations in Net Revenues and help to alleviate the need for short-term <br /> rate adjustments. Money in the Coverage Stabilization Account will be transferred as <br /> determined from time to time by the City. The City may make payments into the Coverage <br /> Stabilization Account from the Revenue Fund at any time. Money in the Coverage Stabilization <br /> Account may be withdrawn at any time and used for the purpose for which the Revenue of the <br /> System may be used. Amounts withdrawn from the Coverage Stabilization Account shall <br /> increase Revenue of the System for the period in which they are withdrawn, and amounts <br /> deposited in the Coverage Stabilization Account shall reduce Revenue of the System for the <br /> period during which they are deposited for purposes of measuring compliance with the Rate <br /> Covenant. Credits to or from the Coverage Stabilization Account that occur within 90 days after <br /> the end of a fiscal year may be treated as occurring within such fiscal year. Earnings on the <br /> Coverage Stabilization Account shall be credited to the Revenue Fund. <br /> Section 7. Payments into Revenue Bond Fund. A special account of the City known <br /> as the"Fund 401 —Public Works-Utilities—Bond Redemption Subaccount" (the "Revenue Bond <br /> Fund") has been created in the office of the Chief Financial Officer for the sole purpose of <br /> paying and securing the payment of Parity Bonds. The City hereby irrevocably covenants and <br /> agrees to pay the ULID Assessments into the Revenue Bond Fund. <br /> (a) Payments into Revenue Bond Fund. As long as the Bonds remain outstanding, <br /> the City hereby irrevocably obligates and binds itself to set aside and pay from the Revenue Fund <br /> into the Revenue Bond Fund on or before the date due those amounts necessary, together with <br /> -31- P:120287 CMW120287 9RC 01/02/13 <br /> 38 - <br />