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will be sufficient to pay, as the same becomes due and payable, the principal on the Bonds maturing or subject to mandatory call for redemption on the next principal payment date with respect to the Bonds. Such deposits shall take into account the sums, if any, in the Bond Amortization Account, hereinafter defined, attributable to such payments and the sums, if any, deposited in the Sinking Fund out of the proceeds from the sale of the Bonds to pay interest thereon. In addition, there shall be deposited in the Sinking Fund amounts sufficient to pay the fees and charges of the Paying Agent. (2) Second, the County shall deposit into an account in the Sinking Fund to be known as the "Bond Amortization Account", which is hereby created and established, such sums as are required by resolution of the County to be deposited therein at such times as are required thereby for each series of Term Bonds for purposes of the mandatory redemption thereof. (3) Third, the County shall deposit into an account within the Sinking Fund to be known as the "Reserve Account", which is hereby created and established, the sum, if any, necessary to increase the amount in the Reserve Account to an amount equal to the lesser of (a) the maximum amount of principal and interest on all outstanding Bonds becoming due in any ensuing Fiscal Year or (b) the maximum amount permitted to be deposited in such a fund and to be invested in nonpurpose investments without restriction as to yield under Section 148(d) of the Federal Internal Revenue Code of 1986, as amended; provided, however, that in no Fiscal Year shall Revenues in excess of twenty percent (208) of (a) or (b), as applicable, be required to be deposited into the Reserve Account. The Reserve Account may initially be funded from the proceeds of the sale of the Bonds or other legally available funds of the County. The value of the Reserve Account, including investments on deposit therein, shall be determined annually on the first day of the Fiscal Year of the County by a Qualified Independent Consultant, who may be the accountant for the County, using the fair market method of valuation. No further deposits shall be required to be made into the Reserve Account so long as the value thereof (including any Reserve Account Credit Instrument as described below) equals the amount required to be maintained therein, as provided in the first sentence of this subsection (3). - 19 -