Approving and authorizing the execution of a lease for the construction and equipping of a new fire station and the construction of a new roof for the

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of the Services Building Project is later than June 28, 1999, the first installment shall be in an amount which provides for rental at the rate specified in Exhibit B attached hereto and made a part hereof for the semiannual period in which the Services Building Project is completed and ready for occupancy, prorated from the date of such completion until the first June 28 or December 28 following such date of completion. Thereafter, such rental shall be payable in advance in semiannual installments on June 28 and December 28 of each year as provided for in the attached lease payment schedule at Exhibit B. The last semiannual rental payment due with respect to the Services Building Project before the expiration of this Lease shall be adjusted to provide for rental at the yearly rate specified in Exhibit B prorated from the date such installment is due to the date of the expiration of this Lease. All rentals payable under the terms of this Lease shall be paid by the Lessee to Norwest Bank Indiana, N.A., in the City of Fort Wayne, Indiana, as Trustee (hereinafter called "Trustee"), or to such other bank or trust company as may from time to time succeed said Trustee under the Trust Indenture securing the First Mortgage Bonds (hereinafter referred to as "Bonds") to be issued by the Lessor. All payments so made by the Lessee shall be considered as payment to the Lessor of the rentals payable hereunder. Such payments shall be made from available funds of the Lessor. The obligation of Lessee to make such rental payments is a current expense and not to be construed as a debt of Lessee. Nothing herein shall be interpreted as constituting a pledge of the Lessee to levy or collect a tax to provide funds for the payment of the rentals payable hereunder. If the Lessee fails to appropriate sufficient funds to pay the lease rentals for either or both of the Fire Station Project or the Services Building Project, equal or like facilities cannot be substituted for either or bath of ::ODMA\PCDOCS\SBDOCSI\25224\2 -4'