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I <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Account may be withdrawn at any time and used for the purpose for which the Revenue of the 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 Amounts withdrawn from the Coverage Stabilization Account shall 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increase Revenue of the System for the period in which they are withdrawn, and amounts 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 Subaccounf '(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 fiom the Revenue Fund <br />into the Revenue Bond Fund on or before the date due those amounts necessary, together with <br />34 <br />_q 1 - DAOnmP7 rmmAroma7 4Rr. nvmna <br />