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<br />. <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />shall not be used to pay principal of, premium, <br />if any, and interest TIn the Bonds unless there <br />shall first be delivered to the Fiscal Agent the <br />opinion of Bond Counsel described in Section 15 <br />hereof. <br /> <br />Section 8. Subparagraph (b) of Section 16 of the <br />Resolution is hereby amended to add at the end thereof the <br />following sentence: <br /> <br />Notwithstanding the foregoing, any amounts <br />drawn pursuant to the Initial Letter of Credit to <br />pay principal of or interest on the Bonds shall <br />be invested pending payment only in direct U.S. <br />government obligations maturing in 30 days or <br />less. <br /> <br />Section 9. The first paragraph of Section 15 is hereby <br />aìnëndedto'.read as follows: <br /> <br />Section 15. Special Fund. The Agency shall <br />payor cause to be paid to the Fiscal Agent for <br />deposit in the Special Fund in accordance with <br />this Section all Tax Revenues (which shall be <br />deposited in the Pledged Revenues Account), all <br />draws upon the Initial Letter of Credit (which <br />shall be deposited in the Principal Account or <br />Interest Account, as applicable) and other moneys <br />identified herein, and the Agency will, so far as <br />permitted by law, authorize and direct the <br />payment of the Tax Revenues by the respective <br />taxing entities directly to the Fiscal Agent. <br />All Pledged Revenues at any time paid to the <br />Fiscal Agent shall be deposited by the Fiscal <br />Agent into the Pledged Revenues Account of the <br />Special Fund, shall be held by the Fiscal Agent <br />in trust for the benefit of the Owners of the <br />Bonds and shall be disbursed, allocated, <br />transferred and applied solely for the uses and <br />purposes designated in this Resolution. As long <br />as any of the Bonds or any interest thereon are <br />outstanding, the Agency shall not have any <br />beneficial right or interest in the Pledged <br />Revenues, except as otherwise provided in this <br />Resolution. Notwithstanding the foregoing, there <br />shall not be deposited with the Fiscal Agent, Tax <br />Revenues in an amount in excess of an amount <br />.which, toge,therwi.th all funds, other than funds <br />from draws on the Initial Letter of Credit or <br />Alternate Credit Facility, then on deposit with <br />the Fiscal Agent in the Special Fund, shall be <br /> <br />2023k/228l/05 <br /> <br />-6- <br /> <br />5A" <br /> <br />/2-0 <br />