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i <br />proceeds of the Bonds; in the event that the Revenues <br />on deposit in the Revenue Fund are insufficient for such <br />purposes, the County shall transfer money to the Reserve <br />Account from the following funds in the indicated order <br />of priority: First, the Supplemental Revenue Fund and, <br />second, the Bond Redemption Account." <br />F. Clause (4) of Subsection B shall be amended to read as <br />follows: <br />11 (4) Fourth, the balance shall be deposited into <br />an account within the Sinking Fund to be known as the <br />"Bond Redemption Account", which is hereby created. <br />Money in the Bond Redemption Account shall be used (a) <br />to make annual transfers to the Sinking Fund and, if <br />appropriate, the Bond Amortization Account therein, in <br />a amount equal to the sum of (i) the principal on Bonds <br />payable in such year to the extent that such principal <br />is attributable to installments of Assessments that <br />would have been due if Prepayments had not been made and <br />(ii) an appropriate portion of the prepayment charges <br />with respect to such Prepayments, all as determined by <br />the County, (b) when and to the extent practicable, to <br />redeem Bonds subject to optional redemption or to <br />purchase Bonds at a price not to exceed the current <br />redemption price thereof and (c) to remedy any <br />deficiency in the Sinking Fund, including the Bond <br />Amortization Account and the Reserve Account, as <br />provided herein." <br />C. Subsection D shall be amended to read as follows: <br />"D. CONSTRUCTION OF PROJECT, The County shall proceed <br />with due diligence to, and will take all lawful manner <br />of action necessary or desirable to, acquire, construct <br />and complete the North County Wastewater System, <br />applying funds in the Impact Fee Trust Fund to payment <br />of the costs thereof." <br />H. Subsection E shall be amended to read as follows: <br />"E. ENFORCEMENT OF PAYMENT OF ASSESSMENTS. The County <br />will receive, collect and enforce the payment of the <br />Assessments and Supplemental Assessments imposed by the <br />County, and the interest, prepayment charges and <br />penalties in connection therewith, in the manner <br />7 <br />