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AGREEMENT <br />f, Adidle Wcit°theAmended J'oIntPowarsA thortly err ont ndIts parat;ve <br />Amendments is amended to add Section 7, to read as foflow x <br />T. Pay_ments to Reduce Unfunded t-lenalor2 Liability. <br />1n Its budget annually consistent with, or greater than, the budgetary payments <br />called for in the "snowball" accelerated pension liability paydown plan approver! <br />November 19, 2015, November 17, 2016, and March 23, 2017. <br />D. Payments will be greater than those appropriated In [be 01 budget <br />annually when triggered by a Not Genoral Fund Slarplus (per the Financial <br />Stability Budget Policy), Payments from the "Net General Fund Surplus"' :are, <br />hereby deeaned as derived frown revenues received by overfunded structural <br />ilrre fund cities .as determined by the equity ,cal Watlon required under Article <br />IV, Section 4 — Equity. <br />C. Appropriations and payments required by subsection A .and ld maybe reduced <br />to the extent the Board determInes, by vote approved try tura-thirds of the <br />. . TUM I »a <br />1] For purposes of this section, "9scal hardship* shell rotor to a substantial <br />reduction in OCFA anticipated revenue andfor a significant Increase In <br />anticipated expenses that are beyr and the reasonable control of the <br />2. This Fcwrth Amendment ,amends the 1999 Amended Agreement And Its <br />]SIGNATURES ON FOLLOWING PAGES] <br />III I rnii! 111! <br />pill;r 11!1� I I 1!! 11 �11111111 I I I I 111ill III i I I i 1 11 <br />yIFIF. <br />Resolution No. 2019-009 <br />Page 5 of 6 <br />