No. 1065 amending Resolution No. 1054 and amending the resolutions unbder which tax incremnent bonds are outstanding

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-12- The appropriate officers shall also publish such notices and do such other acts and things as are required by law to issue and sell the Bonds. The appropriate officers of the Department and the City are further authorized to take such action, including the approval and execution of the Escrow Agreement and other documents, to carry out the refunding of the Refunded Bonds, and the underwriter for the bonds also is hereby authorized to make subscription as may be necessary to acquire appropriate securities to be held under the Escrow Agreement. Section 4. Flow of Funds. There shall be continued, and the City Controller, the Commission and the Department covenant and agree to cause to be kept and maintained, those accounts in the Allocation Fund contained in the Prior Resolution which authorized the 198,5 Bonds, those accounts being the Tax Increment Revenue Account, the Bond Principal and Interest Account, the Reserve Account and the General Account. On each January 15, all monies in the Tax Increment Revenue Account shall be set aside in the respective special accounts within the Allocation Fund, in the following order of priority: First, Bond Principal and Interest Account, and second, Reserve Account. All money available in each of the accounts in the Allocation Fund shall be held in trust for the benefit of the Bonds def ined in Section 7) holders of the Bonds and any Parity (as heretofore or hereafter issued (together, the "Tax Increment Bonds") , and shall be applied, used and withdrawn only for the -12-