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Section 2.05. Capital Leases and Installment Purchase Agreements. Capital Leases <br /> and Installment Purchase Agreements may be entered into pursuant to one or more Series <br /> Ordinances. The leasehold or other interest of the City in the property being acquired under a <br /> Capital Lease or Installment Purchase Agreement shall be included in the System (for all <br /> purposes except Section 6.20 hereof) for so long as the Capital Lease or Installment Purchase <br /> Agreement is in effect and shall be included in the System for all purposes hereof after the City <br /> acquires title thereto. Subject to compliance with the provisions of this Ordinance, the payment <br /> obligations of the City under any such Capital Lease or Installment Purchase Agreement may be <br /> entered into as First-Lien Revenue Obligations or Subordinate Revenue Obligations as provided <br /> in the applicable Series Ordinance. <br /> Section 2.06. Revenue Anticipation Notes. Revenue Anticipation Notes may be issued <br /> pursuant to one or more Series Ordinances for the purpose of funding temporary cash flow <br /> deficiencies related to the System, provided that (a) any such Obligations shall mature not later <br /> than thirty days after the close of the Fiscal Year in which they are issued; (b) such Obligations <br /> shall not be secured by a first lien upon the Net Pledged Revenues and (c) such Obligations may <br /> be made payable from the Net Pledged Revenues on a subordinate lien basis. <br /> Section 2.07. Bond Anticipation Notes. For the purpose of obtaining short-term <br /> financing of Capital Projects, Bond Anticipation Notes may be issued pursuant to one or more <br /> •Series Ordinances. Bond Anticipation Notes may be made payable from sources which may <br /> include (i)their own proceeds, (ii) the proceeds of Obligations (including other Bond <br /> Anticipation Notes) which the Finance Director has certified are reasonably expected to be <br /> issued within five (5) years of the date of issuance of such Bond Anticipation Notes or (iii) the <br /> Net Pledged Revenues on any priority permitted under Article Five hereof. <br /> Section 2.08. Commercial Paper. Commercial Paper may be issued from time to time <br /> on terms and for purposes, specified by Series Ordinance, not inconsistent with this Ordinance <br /> and may be sold on either a discounted basis or accruing and paying interest, or both. <br /> Commercial Paper may be made payable from any legally available funds, including, without <br /> limitation, proceeds of Commercial Paper or other Obligations, funds available under Liquidity <br /> Facilities or Credit Facilities, or Net Pledged Revenues of the System available for such <br /> purposes, on any priority permitted by Article Five hereof. Commercial Paper may be issued as <br /> First-Lien Obligations, Subordinate Revenue Obligations or on an unsecured basis. <br /> ARTICLE THREE <br /> SPECIAL ACCOUNTS <br /> There shall be established and maintained pursuant to this Ordinance, for the benefit of <br /> all owners of Outstanding Obligations, the following special accounts, together with such other <br /> accounts as may be designated by Series Ordinance. <br /> Section 3.01. Income Account. Except as otherwise provided herein, the entire Income, <br /> upon receipt thereof from time to time by the City, shall be set aside and credited immediately to <br /> a special account hereby created and to be known as the Income Account, which may be <br /> #866939v1I 14 <br />