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� AUG7 <br />G 1983 Booz 5.4 0, 45, <br />Moneys on deposit in any of such funds and accounts may be <br />invested and reinvested in Authorized Investments. <br />Investments made with moneys in the Revenue Fund and the <br />Bond Service Fund (including the Bond Amortization Account <br />therein) must ,mature not later than the date that such moneys <br />will be needed but in no event later than one year from the date <br />of purchase. Investments made with moneys in the Reserve Account <br />must ,nature not later than the final maturity of any Bonds <br />then outstanding. Any and all income received by the County from <br />all such investments shall upon receipt thereof be deposited into <br />the Revenue Fund. <br />The cash _required to be accounted for in each of the <br />foregoing funds and accounts established herein may be deposited <br />in a single bank account, and funds allocated to the various <br />accounts established herein may be invested in a common invest- <br />ment pool, provided that adequate accounting records are main- <br />tained to reflect and control the restricted allocation of the <br />cash on deposit therein and such investments for the various pur- <br />poses of such funds and accounts as herein provided. <br />The designation and establishment of the various funds <br />in and by this Resolution shall not be construed to require the <br />establishment of any completely independent, self -balancing funds <br />as such term is commonly defined and used in governmental <br />accounting, but rather is intended solely to constitute an ear- <br />marking of certain moneys and assets of the County for certain <br />purposes and to establish certain priorities for application of <br />such moneys and assets as herein provided. <br />C. OPERATION OF BOND AMORTIZATION ACCOUNT. Moneys held <br />for the credit of the Bond Amortization Account shall be applied <br />to the retirement of Term Bonds as follows: <br />(1) Subject to the provisions of Paragraph (3) below, <br />the County shall endeavor to purchase Term Bonds then outstanding <br />at the most advantageous price obtainable with reasonable <br />diligence, such price not to exceed the principal of such Term. <br />-25- <br />