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2. Each of the President or Vice President of the Authority is hereby authorized <br />and directed to execute and deliver the Second Supplemental Indenture of Trust, amending the <br />San Juan Indenture, between the Authority and U.S. Bank Trust National Association, as trustee, <br />in substantially the form attached hereto as Exhibit B, with such changes, insertions and <br />omissions as shall be approved by said President or Vice President (such approval to be <br />conclusively evidenced by his execution and delivery thereof), and each of the Secretary and any <br />Assistant Secretary is hereby authorized to affix the seal of the Authority thereto. <br />3. The Board of Directors of the Authority hereby approves the revised fiscal <br />year 2000-01 Annual Budget for the San Juan Project, in the form attached hereto as Exhibit C <br />(the "Revised Annual Budget"), with such Revised Annual Budget to become effective upon the <br />completion of the Substitution. <br />4. The Board of Directors of the Authority hereby directs that upon the <br />completion of the Substitution, all moneys on deposit in the Debt Service Reserve Account of the <br />San Juan Indenture shall be transferred to the General Reserve Fund of the San Juan Indenture <br />and applied to pay costs relating to the Substitution and to pay debt service on the San Juan <br />Project Bonds outstanding under the San Juan Indenture as same becomes due and payable. <br />5. Each of the President, Vice President, Secretary, any Assistant Secretary, the <br />Executive Director and any other officer of the Authority is hereby authorized and directed to <br />execute and deliver any and all instruments and documents and to do and cause to be done any <br />and all acts and things necessary or desirable for carrying out the matters and transactions <br />contemplated by this Resolution. <br />6. This Resolution shall become effective immediately. <br />THE FOREGOING RESOLUTION is approved and adopted by the Authority <br />this 21st day of December, 2000. <br />,.3 -\F-& <br />MESID~NT-. .f <br />Southern California Public Power Authority <br />ATTEST: <br />ASSISTANT SECRETARY <br />Southern California Public Power Authority