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Any Bonds or interest installments appertaining thereto, whether at or prior to the maturity or redemption date of such Bonds, shall be deemed to have been paid within the meaning of this Section 20 if (A) in case any such Bonds are to be redeemed prior to the maturity thereof, there shall have been taken all action necessary to call such Bonds for redemption and notice of such redemption shall have been duly given or provision shall have been made for the giving of such notice, and (B) there shall have been deposited in irrevocable trust with a banking institution or trust company by or on behalf of the County either moneys in an amount which shall be sufficient, or Federal Securities the principal of and• the interest on which when due will provide moneys which, together with the moneys, if any, deposited with such bank or trust company at the same time shall be sufficient, to pay the principal of or redemption price, if applicable, and interest due and to become due on said Bonds on and prior to the redemption date or maturity date thereof, as the case may be. Except as hereafter provided, neither the Federal Securities nor any moneys so deposited with such bank or trust company nor any moneys received by such bank or trust company on account of principal of or redemption price, if applicable, or interest on said Federal Securities shall be withdrawn or used for any purpose other than, and all such moneys shall be held in trust for and be applied to, the payment, when due, of the principal of or redemption price, if applicable, of the Bonds for the payment or redemption of which they were deposited and the interest accruing thereon to the date of maturity or redemption; provided, however, the Issuer may substitute new Federal Securities and moneys for the deposited Federal Securities and moneys if the new Federal Securities and moneys are sufficient to pay the principal of or redemption price, if applicable, and interest on the obligations being refunded. In the event the Bonds for which moneys are to be deposited for the payment thereof in accordance with this Section 20 are not by their terms subject to redemption within the next succeeding sixty (60) days, the County shall cause the Registrar to mail a notice to the Owners of such Bonds that the deposit required by this Section 20 of moneys or Federal Securities has been made and said Bonds are deemed to be paid in accordance with the provisions of this Section and stating such maturity or redemption date upon which moneys are to be available for the payment of the principal of or redemption price, if applicable, and interest on said Bonds. Nothing herein shall be deemed to require the County to call any of the outstanding Bonds for redemption prior to maturity pursuant to any applicable optional redemption provisions, or to impair the discretion of the County in determining whether to exercise any such option for early redemption. SECTION 21. BOND ANTICIPATION NOTES AUTHORIZED. In anticipation of the receipt of the proceeds of the sale of the Bonds, the County shall have power to borrow money for the purposes for which the Bonds are to be issued and to execute Bond Anticipation Notes within the authorized maximum amount of the Bonds in accordance with and subject to the provisions of Section 215.431, Florida Statutes. 10