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secured by the laws of the State of Florida. Moneys on deposit in the Revenue Fund and the Sinking Fund (except the Reserve Account therein) may be invested and reinvested only in Authorized Investments maturing not later than the date on which the moneys therein will be needed for the purposes of such funds. Moneys in the Reserve Account may be invested and reinvested in Authorized Investments maturing not later than five (5) years from the date of purchase. Any and all income received by the County from such investments shall be deposited into the Rebate Account hereunder to the extent required and the excess, if any, into the Revenue Fund. D. CONSTRUCTION OF PROJECT. The County shall proceed with due diligence to acquire and construct the North County Wastewater System. E. ENFORCEMENT OF PAYMENT OF ASSESSMENTS. The County will receive, collect and enforce the payment of the Assessments imposed by the County, and the interest, prepayment charges and penalties in connection therewith, in the manner prescribed by this Resolution and all other resolutions, ordinances or laws thereunto appertaining; and will pay and deposit the proceeds of such Assessments and the interest, prepayment charges and penalties in connection therewith, and the proceeds of the Assessments imposed and collected by the City and transferred over pursuant to the Intergovernmental Agreement, as received, into the Revenue Fund. In lieu of the provisions for collection of the Assessments set forth in Ordinance 86-88 of the County, the County shall use the method of collection provided for under Section 197.363, Florida Statutes (1988), as amended, and the County shall cause the City, under the provisions of the Intergovernmental Agreement, to use such collection procedures in lieu of the provisions for collection set forth in Ordinance 0-87-01 of the City. F. ENFORCEMENT OF INTERGOVERNMENTAL AGREEMENT. The County shall enforce the Intergovernmental Agreement. G. USER LETTERS OF CREDIT. If the Assessment imposed with respect to the property of any one owner is in respect of 750 or more equivalent residential units, or if the ratio of the Assessment imposed with respect to the property of such owner to the assessed value of the property of such owner expressed as a percent equals or exceeds percent, the County shall require such owner to provide to the County, and keep in full force and effect, a letter of credit in an amount not less than the outstanding unpaid balance of the Assessment imposed against such property plusmonths interest thereon. Such letter of credit shall be in substantially the form heretofore approved by resolution of the County and shall be issued by a commercial bank or savings and loan association acceptable to the County as to regulatory capital and otherwise. The County shall draw upon said letter of credit in an amount equal to the outstanding balance of the applicable Assessment, plus accrued interest thereon, if applicable and appropriate, whenever the payment of such Assessment or the interest thereon is not paid when due or whenever the WARM