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Sources and Uses of Funds <br />The sources and uses of funds for the Bonds are summarized as follows: <br />Sources of Funds <br />Principal Amount of Bonds <br />Plus /Less Net Original Issue Premium/Discount <br />City Contribution <br />Prepayments <br />Total Sources <br />Uses of Funds <br />Improvement Fund <br />Reserve Fund (I) <br />Underwriter's Discount <br />Costs of Issuance Fund cz> <br />Total Uses <br />Equals the initial Reserve Requirement for the Bonds. <br />Includes amounts to reimburse the City for certain expenses, fees and expenses of Bond Counsel, Disclosure Counsel, <br />the Financial Advisor, the assessment Engineer, the Fiscal Agent, printing expenses and other issuance costs. <br />Investment of Moneys <br />Moneys in any fund or account created or established by the Fiscal Agent Agreement and held by the <br />Fiscal Agent shall be invested by the Fiscal Agent in Permitted Investments, as directed pursuant to an Officer's <br />Certificate filed with the Fiscal Agent at least two (2) Business Days in advance of the making of such <br />investments. In the absence of any such Officer's Certificate, the Fiscal Agent shall invest any such moneys <br />Permitted Investments pursuant to the Fiscal Agent Agreement. See APPENDIX D — "SUMMARY OF <br />CERTAIN PROVISIONS OF THE FISCAL AGENT AGREEMENT" herein. <br />55B -79 <br />