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Junior Lien Bond Service Fund, the Bond Amortization Account <br />therein, and the Junior Lien Reserve Account therein are at least <br />equal to the aggregate principal amount of Bonds then outstanding, <br />plus the amount of interest then due or thereafter to become due <br />on such Bonds then outstanding or (ii) the County shall have made <br />provision for payment of the Bonds as provided in Section 20 of <br />this Resolution. <br />(3) The balance of any moneys remaining in the Revenue <br />Fund in each month in each Fiscal Year after all of the above <br />required current payments have been made shall be transferred and <br />allocated to a special account hereby created in the Junior Lien <br />Bond Service Fund and designated the "Redemption Account." Moneys <br />in said Redemption Account shall be used on each interest payment <br />date but in any event not less than once in each Fiscal Year for <br />the purchase or redemption of Bonds, or portions thereof, of not <br />less than $5,000 in principal amount at any one time at prices not <br />exceeding the redemption price on the next succeeding redemption <br />date. <br />(4) The Junior Lien Bond Service Fund and the Bond Amor- <br />tization Account, Redemption Account and the Junior Lien Reserve <br />Account therein, and any other special funds or accounts herein <br />established and created shall constitute trust funds for the pur- <br />poses provided herein for such funds. All such funds shall be <br />continuously secured in the same manner as state and municipal <br />deposits are required to be secured by the laws of the State of <br />Florida. Moneys on deposit in any of such funds and accounts may <br />be invested and reinvested in Authorized Investments. <br />Investments made with moneys in the Junior Lien Bond <br />Service Fund (including the Bond Amortization Account and the <br />Redemption Account therein) must mature not later than the date <br />that such moneys will be needed but in no event later than one <br />year from the date of purchase. Investments made with moneys in <br />the Junior Lien Reserve Account must mature not later than the <br />final maturity of any Bonds then outstanding. Any and all income <br />received by the County from all such investments shall upon <br />-25- <br />MAY 2 3 1984 BOOK 57 PACE 218 <br />