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resolution of the County may be deposited -jai rdicc! Reserve Account out of the proceeds of the sz :t aiJ' Bonds. Provided, however, in no Fiscal Year sha!IL Revenues in excess of twenty per cent (20%) ad uiha maximum amount of principal and interest uni rYLl' outstanding Bonds becoming due in any ensuing Bi:.:xraill Year be required to be deposited in the gaaacTvs: Account. No further deposits shall be require -0 ttu. ltik� made into the Reserve Account as long as thert oliali remain on deposit therein (including any Resaava Account insurance policy or letter of credUiu a� described below) a sum equal to the maximum am)uitr ad - principal and interest on all outstanding, D;cntds becoming due in any ensuing Fiscal Year. The xaducs a,d the Reserve Account, including investments on ltMae it± in the Reserve Account, shall be determined a-inuallLyy on the first day of the Fiscal Year by an indejumdanti. firm of certified public accountants, who may Ini tdiu• accountants for the County, in accordano:, .vdaii. generally accepted accounting principles. Notwithstanding the foregoing provisions, in ]iautoff,. in whole or in part, the required deposits uitsn, alhf- Reserve Account, the County may cause to be dcpoe;luaai into the Reserve Account either an inst:rance gc)$iia, issued by a reputable and recognized municip0. 3und, insurer or a letter of credit from a bank aor nsuss. company whose municipal bond insurance poOLay/ oz letter of credit will result in the highest ri.u:9mi, eLY municipal obligations of either Moody's Irges;eors, Service or Standard & Poor's Corporation. Aay suuh, insurance policy or letter of credit shall be payablia. or available to be drawn upon, as the case may, 1W• (upon the giving of notice as required thereundhr)), on, any interest payment date on which a deficiency ex3,sts; which cannot be cured by money in any other 9undl apt• account held pursuant hereto and available fhu suail, purpose. If a disbursement is made under mjir such insurance policy or letter of credit, the Coinay mWF reinstate the maximum limits of such insurance ger�iab or letter of credit immediately followigk, sHajh disbursement, otherwise the amount of credit uow�ru,O the Reserve Account requirement for such itauranau: Policy or letter of credit shall be approp,;;L�;pti�, reduced. Furthermore, the County may at any time and flam• ttiame, to time cause to be deposited in the Reserve A.uaounu: - 18 -