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Gross Revenues. The Revenue Fund shall be held by the Issuer separate and apart from all other funds and shall be expended and used only in the manner and order specified in this subsection (B) and in subsections (C), (D), (E) and (F) of this section; provided, however, that Impact Fees shall be used only in the manner specified in subsections (C) and (E) of this section. (C) Bond and Interest Sinking Fu,id. The Issuer cove- nants and agrees to establish with a depository in the State of Florida, which is a member of the Federal Deposit Insurance Corporation, and which is eligible tinder the laws of the State of Florida to receive county funds, a special fund or funds, collec- tively called the "Indian River County Water and Sewer System Sinking Fund," to be used exclusively for the purposes hereinafter mentioned. The Issuer shall transfer on or before the 15th day of each month from the Revenue Fund and deposit to the credit of the Sinking Fund the following amounts: (1) A sum equal to 1/6 or 1/12, as the case may be, of the amount of one year's interest on all the Bonds then outstanding, together with the amount of any deficiency in prior deposits for interest; and (2) A sum equal to 1/12 of the principal of the Serial Bonds maturing on the next succeeding anniversary date, together with the amount of any deficiency in prior deposits for pri,.cipal. (3) Into the Bond Amortization Account on a parity with the deposits provided in subsection (C)(2) above, a sum equal to 1/12 of the amount of the Amortization Installments for Term Bonds which shall become due and payable during the current Bond Year, plus the amount of the premium, if any, on a principal amount of such Term Bonds equal to the amount of such Amortiza- tion Installment which would be payable on the next maturity date if such principal amount of Term Bonds were to be redeemed prior to their maturity from money held in the Bond Amortization Account. If, at the stated dates of maturity of any Term Bonds, the proceeds on deposit in the Bond Amortization Account are insufficient to retire the principal amount of maturing Term Bonds remaining outstanding, the Issuer shall transfer from the Reserve Account to the Bond Amortization Account sufficient money to make up such deficiency. (4) After fulfillment of the requirements of subsec- tions (C)(1), (2) and (3), the Issuer shall transfer on or before the 15th day of each month from the Revenue Fund and deposit to the credit of a Reserve Account in the Sinking Fund the sum of