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If a disbursement is made under any such Reserve Account <br />Credit Instrument, the County may reinstate the maximum <br />limits of such Reserve Account Credit Instrument immediately <br />following such disbursement, otherwise the amount of credit <br />toward the Reserve Account requirement for such Reserve <br />Account Credit Instrument shall be appropriately reduced. <br />Furthermore, the County may at any time and from time to time <br />cause to be deposited in the Reserve Account such a Reserve <br />Account Credit Instrument and cause an appropriate amount to <br />be withdrawn from the Reserve Account and released to the <br />County. <br />Money in the Reserve Account shall be used only for the <br />purpose of the payment of principal of or interest on the <br />Bonds when the other money in the Sinking Fund is <br />insufficient therefor, and for no other purpose. However, <br />upon the valuation of the Reserve Account in each year, if <br />the money applied and allocated to the Reserve Account <br />(except the investment income thereon, which shall be <br />deposited into the Revenue Fund as hereinafter provided) <br />exceeds the aforesaid amount, such excess may be withdrawn <br />and deposited in the Revenue Fund. <br />(4) Fourth, the balance shall be used when and to the <br />extent practicable to redeem Bonds subject to optional <br />redemption, or to purchase Bonds at a price not to exceed the <br />current redemption price thereof. <br />(5) After the principal of and interest on all the <br />Bonds shall have been paid, or there shall have been set <br />apart in the Revenue Fund a sum sufficient to pay when due <br />the entire principal of the Bonds remaining unpaid and <br />interest accrued and interest to accrue thereon through such <br />payment date, any money remaining on depogit to the credit <br />of the Revenue Fund shall be transferred to the Impact Fee <br />Trust Fund, if the same is then still in existence, and, if <br />not, then transferred to the water and sewer enterprise fund <br />of the County or used by the County for any lawful purpose. <br />C. PLEDGED FUNDS AND INVESTMENT OF FUNDS. The Sinking Fund, the Bond <br />Amortization Account and the Reserve Account shall be Pledged Funds, shall <br />constitute trust funds for the purposes provided herein for such funds and shall <br />be used only for the purposes and in the manner provided herein. All moneys in <br />all funds and accounts created or established hereunder shall be continuously <br />secured in the manner by which deposits of public funds are required to be <br />- 21 - <br />