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that sufficient monies remain in such redemption funds such that <br />such monies contributed by the City under the 1978 Agreement, <br />togetherwithnetinvestmentsyieldprojectedtoaccruethereon, <br />shall at all times remain adequate to pay in a timely manner <br />when due all obligations of the City in respect of Assessment <br />Districts No. 1974 -2 and 1974 -4. Without limiting the possibility <br />of other arrangements which might be satisfactory to Properties <br />and the City in respect of the foregoing, either of the following <br />alternatives shall be deemed satisfactory: (1) the placement of <br />sufficient monies by such redemption funds, under an appropriate <br />investment contract, with a substantial financial institution or <br />investment firm which would guaranty a stream of payments equal <br />to (and at times sufficient to fully service) payments of principal <br />and interest under such Assessment Districts to the extent of the <br />City's obligations under the 1978 Agreement; or (ii) a Procedure <br />wherebysufficientmoniesarefundedbytheCitytosuchredemption <br />funds such that, utilizing a conservative projected rate of return, <br />such monies plus anticipated net investment yield thereon shall <br />be sufficient to service in time and amount the City's obligations <br />under such Assessment Districts (there being an annual review of <br />the sufficiency of such monies in light of actual and projected <br />investment returns, with the City to pay additional monies from <br />the Special Fund to such redemption funds from time to time as may <br />be necessary to cause the amount of such monies deposited to such <br />redemption funds, plus expected net investment yield, to be <br />sufficient as aforesaid). Properties agrees to exercise due <br />diligence to attempt to obtain the joinder in the foregoing <br />6-