Agmt15 City of RWC Public Financing Authority Water Revenue Refunding Bonds

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lil.Enterprise Revenues The table below sets forth Enterprise revenues by customer type for the prior Fiscal Year. Enterprise Revenues by Customer Type IVumber of Consumption Percent of Total Total Percent of Accounts (CCF) Consumption Revenues Total Revenue Single-family Muliti-family Irrigation-Resid en tia 1 Subtotal Commercial irrigaHon- Commercial Subtotal Fire Services&other Total IV.Debt Service Coverage The table below sets forth Enterprise revenues and expenses,debt service on the Bonds,and the resulting debt service coverage ratio for the prior Fiscal Year. Revenues,Expenses and Debt Service Coverage GROSS REVENUES C ar es for services Non-o eratin Income TOTAL GROSS REVENUES MAINTENANCE AND OPERATION OSTS NET REVENUES AVAILABLE FOR DEBT SERVICE 20071nstallment Pa ments 2013 Installment Pa ments 2015 Installment Pa ments TOTAL DEBT SERVICE DEBT SERVICE COVERA E V.No Default Certificate A cerHfied statement of the City to the effect that no Event of Default (as defined in that certain Installment Purchase Contract,dated as of May 1, 2015,by and between the Authority and the City(the "Installment Purchase Contract") has occurred, or if an Event of Default has occurred, specifying the nature thereof and, if the City has a right to cure pursuant to Section 7.01 of the Installment Purchase Contract, stating in reasonable detail the measures, if any, being undertaken by the City to cure such Event of Default. VI.Insurance Compliance A certified statement of the City to the eEfect that all insurance required by the Installment Purchase Contract to be carried by the City with respect to the Enterprise is in full force and effect and complies with the terms oE the Installment Purchase Contract. Exhibit B Page 2