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ERMU Management Policy – G.4i.3 Debt Issuance and Payment <br />______________________________________________________________________________ <br /> <br />______________________________________________________________________________ <br /> <br />Page 2 of 2 <br />3. Implement all necessary measures to assure that all required payments of principal and <br />interest on the bonds are paid when due. <br />4. Monitor the accounts established under any bond documents to ensure that adequate funds <br />are maintained therein, and recommend for approval by the Commission any transfer of <br />funds required or permitted by the applicable law for the prudent operation of the utility. <br />POLICY HISTORY: <br />Adopted December 12, 2017 <br />157