SECTION                             TITLE                                 PAGE

5.03      Application of Money in Reserve Account;
           Replenishment of Reserve Account                                15
5.04       Investments                                                     16

           ARTICLE VI.  FINANCIAL COVENANTS                                16

6.01       Limitations on Additional Indebtedness                          16
6.02       Restrictions on Guaranties; Calculation of
           Principal and Interest Requirements on Guaranties               19
6.03       Sale, Lease, or Other Disposition of Property                   20
6.04       Additional Covenants Concerning Rates and Charges               20
6.05       Board Contribution                                              21

           ARTICLE VII. COMPLIANCE WITH FEDERAL ARBITRAGE
                         REQUIREMENTS                                      21

7.01       Arbitrage Certification                                         21

           ARTICLE VIII. COVENANTS TO COMPLY WITH TAX REFORM
                          ACT OF 1985                                     21

           ARTICLE IX.  SERIES A RESOLUTION EFFECTIVE IMMEDIATELY          22

9.01       Effective Date                                                  22


           EXHIBIT A -   FORM OF SERIES A BOND
           EXHIBIT B - NOTICE OF BOND SALE
           EXHIBIT C - BID FORM
           EXHIBIT D - OFFICIAL TERMS AND CONDITIONS OF BOND SALE



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