arising under the Resolution as are necessary or desirable in the event any
such modifications are not contrary to or inconsistent with the Resolution as
theretofore in effect.

           (7) To provide for the issuance of coupon or uncertificated Bonds
pursuant to the Resolution;

           (8) To provide for the financing of any project permitted by the
Act and the pledging of the Net Revenues, provided that subsequent to such
financing or pledge the Board shall be in compliance with all the terms,
covenants and provisions of the Resolution;

           (9) To provide for alteration or elimination of payments to the
Depreciation Reserve Fund and/or transfers of funds in the Depreciation Reserve
Fund; and

           (10) To make   any  other   provision  with  respect   to  matters  or
questions arising under the Resolution, or to modify, alter, amend, add to or
rescind, in any particular, any of the terms or provisions contained in the
Resolution,  if  in  a  written  opinion  delivered   to  the  Board  by  counsel
nationally recognized in matters concerning municipal bonds such supplemental
resolution shall not adversely affect or prejudice the interest of the Owners
of the Bonds or the holders of Parity Indebtedness.

           The consent of the Owners of Bonds Outstanding or holders of Parity
Indebtedness shall not be required (a) in order to adopt a Series Resolution
providing for the issuance of Bonds or obligations of another Series, or (b)
for the issuance of any other obligations payable from the Revenues subordinate
and junior to the Bonds and Parity Indebtedness.

           Section 7.02.  Modifications, Alterations and Amendments to
                          Resolution.

           The provisions of the Resolution shall constitute a contract between
the Board and the Owners of the Bonds Outstanding and holders of Parity Indebt-
edness; provided that modifications, alterations and amendments of the Resolu-
tion and of the rights and obligations of the Board and of the Owners of such
Bonds Outstanding and the holders of Parity Indebtedness may be made as pro-
vided in this Section.

           Subject to the terms and provisions contained in the Resolution, the
Owners of not less than fifty-one percent (51%) in aggregate principal amount
of all Bonds then Outstanding and all Parity Indebtedness shall have the right,
from time to time, anything contained in the Resolution to the contrary notwith-
standing,  to  consent  to  and  approve  the  adoption  of  such  resolution  or
resolutions supplemental thereto as shall be deemed necessary or desirable by
the Board for the purpose of modifying, altering, amending, adding to or
rescinding, in any particular, any of the terms or provisions contained in the
Resolution or in any    supplemental   resolution;  provided,  however,  that  the
following modifications, alterations or amendments are not permitted:      (a) an
extension of the maturity of the principal of or the interest on any Bond or
Parity Indebtedness issued hereunder, or (b) a reduction in the principal
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