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interest thereon. In addition, there shall be deposited <br />in the Sinking Fund amounts sufficient to pay the fees <br />and charges of the Paying Agent. <br />(3) Third, the County shall deposit into an <br />account in the Sinking Fund to be known as the "Bond <br />Amortization Account", hereby created and established, <br />such sums as are required by resolution of the County <br />to be deposited therein at such times as are required <br />thereby for each series of Term Bonds for purposes of <br />the mandatory redemption thereof. <br />(4) Fourth, the County shall deposit into an <br />account in the Sinking Fund to be known as the "Reserve <br />Account", which is hereby created and established, a sum <br />at least equal to and sufficient to pay the maximum <br />amount of principal and interest on all outstanding <br />Bonds becoming due in any ensuing Fiscal Year. A sum <br />to be specified by subsequent resolution of the County <br />may be deposited in the Reserve Account out of the <br />proceeds of the sale of Bonds. <br />Provided, however, in no Fiscal Year shall Net Revenues <br />in excess of twenty per cent (208) of the maximum amount <br />of principal and interest on all outstanding Bonds <br />becoming due in any ensuing Fiscal Year be required to <br />be deposited in the Reserve Account, except as may be <br />required by subsection P or subsection 2 below. No <br />further deposits shall be required to be made into the <br />Reserve Account as long as there shall remain on deposit <br />therein (including any Reserve Account Credit Instrument <br />as described below) a sum equal to the maximum amount <br />of principal and interest on all outstanding Bonds <br />becoming due in any ensuing Fiscal Year. The value of <br />the Reserve Account, including investments on deposit <br />in the Reserve Account, shall be determined annually on <br />the first day of the Fiscal Year by an independent firm <br />of certified public accountants, who may be the <br />accountants for the County, in accordance with generally <br />accepted accounting principles. <br />Notwithstanding the foregoing provisions, in lieu of, <br />in whole or in part, the required deposits into the <br />Reserve Account, the County may cause to be deposited <br />into the Reserve Account any of the following (each a <br />"Reserve Account Credit Instrument"): <br />- 23 - <br />