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the purpose of paying the principal of, premium, if any, and <br /> interest on all Parity Bonds. <br /> As long as any of the Bonds remain outstanding, the City <br /> hereby irrevocably obligates and binds itself to set aside and pay <br /> from the Revenue Fund into the Debt Service Account those amounts <br /> necessary, together with such other funds as are on hand and <br /> available in the Debt Service Account, to pay the interest or <br /> principal and interest next coming due on outstanding Bonds. Such <br /> payments from the Revenue Fund shall be made on or before the <br /> twentieth day of each month as follows: <br /> 1 . In the months of April, 1982 through December, <br /> 1982, an amount which, with other moneys available therefor in the <br /> Debt Service Account, will be equal to at least one-ninth of the <br /> interest on the Bonds to become due and payable on January 1, <br /> 1983 . <br /> 2 . Beginning with the month of January, 1983 and con- <br /> tinuing for as long as any of the Bonds are outstanding and <br /> unpaid, an amount which, with other moneys available therefor in <br /> the Debt Service Account, will be equal to at least one-sixth of <br /> the interest to become due and payable on the next interest <br /> payment date on all of the Bonds then outstanding. <br /> 3 . Beginning with the month of July, 1982 and con- <br /> tinuing for as long as any of the Bonds are outstanding and <br /> unpaid, an amount which, with other moneys available therefor in <br /> the Debt Service Account, will be equal to at least one-twelfth of <br /> the principal of the Bonds (exclusive of Term Bonds) to become due <br /> and payable on the next principal payment date. <br /> (b) Payments into Sinking Fund Account. A 2002 Sinking Fund <br /> Account is hereby created in the Revenue Bond Fund for the purpose <br /> -10- BD338 81/12/22 <br />