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COPY Issuance of Revenue Bonds and the Execution and Delivery of a Second Supplemental Indenture and a Bond Purchase Agreement and Authorizing Certain Related Matters . " The sum of Three Hundred Thirty Eight Thousand and Eight Hundred Eleven dollars ($338, 811 ) is hereby appropriated from general Port funds for the payment of interest on the Revenue Bonds Series 2012 during the Fiscal Year July 1 , 2017 — June 30 , 2018, and the expenditure of said sum for such purpose is hereby authorized . SECTION 8. REVENUE BONDS SERIES 2012-PRINCIPAL. The sum of Four Hundred Three Thousand and Four Hundred Eighty Three dollars ($403 ,483) is hereby appropriated from general Port funds for the payment of principal of the Revenue Bonds Series 2012 during the Fiscal Year July 1 , 2017 - June 30 , 2018 , and the expenditure of said sum for such purpose is hereby authorized . SECTION 9. REVENUE BONDS SERIES 2012-RESERVES. The sum of Seven Hundred Forty Two Thousand and Two Hundred Ninety Four dollars ($742, 294) theretofore appropriated , transferred and carried over in the Parity Bond Reserve Fund account held by the Trustee, is hereby re-appropriated and maintained pursuant to Resolution No. P-2178 during the Fiscal Year July 1 , 2017 - June 30, 2018 . SECTION 10. CAPITAL IMPROVEMENTS. The sum of Eight Million One Hundred Sixty Four Thousand and Seven Hundred Ninety Two dollars ($8 , 164, 792) is hereby appropriated from Port Reserve Fund and Grant Fund in connection with Capital Improvements Program for the Port of Redwood City during the Fiscal Year July 1 , 2017 - June 30 , 2018 , and this expenditure of said sum for the purpose stated is authorized . SECTION 11 . RESERVE FUNDING . The sum remaining in the general Port funds as of June 30 , 2017 , less a prudent amount to be retained in the general Port Portlrs Ord/ 05/10/17 Intro Ord/ 05/24/17 Pub Hearing 4 of 6 ORD P-271