11-82 Hospital Improvement Revenue Bonds

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June 1973 to December 1977 January 1978 to December 1980 January 1951 to December 1981 January 1982 to December 1990 5OO 10,000 9,000 8~000 5ogether with mnseresE earned on moneys deposmted in the Surplus Fund, Debt Servmce Fund and Debt Service Reserve Fund after the balance on deposit in said Debt Service Reserve Fund ]las once reached at least S1,000,000, and until the time of mssu- ance of the Sermes 1982 Bonds. All m~neys'~redi~- ed 5o the Surplus Fund shall be held ~n such Fund and un~il completion of the Pro3ec5 shall be used solely for the purposes of completmng the Project, ~o make major unan~iclpated repamrs or replace- ment~ 5o the Hospital Fasmlm~les or to pay prin- cipal of and lnLerest on the Issuer's now ou~- standing unvote~ general obligation bonds and no~es and thereafter shall be used withouL limmsa- tlon for any lawful hospital purpose. Sixth: Into the Deprecmation Reserve Fund: (i) a~ the time of the issuance of the Series 1982 Bonds, all moneys in the Surplus Fund then held by the Issuer; (il) after the issuance of the Sermes 1982 Bonds, any amounts required ~o be deposmted mn the Surplus Fund under Paragraphs Thmrd (A) and Fifth above; (imi) any amounts required 5o be credited 5o and deposited in the Deprecmasmon Reserve Fund under subsec~icn (c) of th~s Secsmon; and (iv) monthly on or prmor 5o the twenLleth day of earl] calendar month commencmng with Ncvember, 1984, one-twelfth (1/12) of the amount of the annual deposi5 ~o the Deprecma~mon Reserve Fund for the year mn which such month occurs, as se~ forth in the schedule descrmbed mn subsectmon (e)(7) of this Section." shall be amended ~o read mn l~S entiresy as follows: "Section 6. ~p_ecial Funds and Application Thereof - (a) So long as any Bonds secured by the Indensure remamn ousssanding, all Pledged Revenues shall be applied or deposited as follows: First: To the payment of all reasonable and proper expenses of operatmng and maintai~ling the Hospital Facilities and all appurtenances thereto, e~c!uding depreciation and capital re- placements. Second: (A) Into the Interest Payment Subaccount of the Improvement Bonds Account of the Debt Service Ful~d, monthly on or prior to the twentieth day of each calendar month commencing in May, 1971, the equal monthly amount as shall be sufficient to pay the interest due on the next ensuing interest payment date on the Improvement Bonds after first crediting against such monthly amount any amount of capitalized interest or other moneys then held in such Subaccount and to be applied to such monthly payinent for interest; and into the Principal Payment Subaccount of the -9-