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employees, insurance, utility services, <br />• costs of replacement of merchandise <br />sold and similar expense items. There <br />shall be retained in said account an <br />amount which will be sufficient to pay <br />• all anticipated expenditures for such <br />current operation and maintenance for <br />two months in advance. Any balance <br />therein shall be deemed net revenue. <br />(c) A Sinking and Interest Account, <br />to which shall be credited on the first. <br />secular day of each calendar month, com- <br />a meneing on August 1, 1973, the amount of <br />one-twelfth of the total amount of prin- <br />eipal and interest due for said bonds <br />issued herein authorized and any other <br />bonds issued on a parity therewith for <br />the ensuing twelve months, from the net <br />revenues. in the Operation. and Maintenance <br />Account, to pay only principal and inter- <br />est on the bonds issued hereunder and. <br />any other bonds which are .issued on a <br />parity with said bonds until said bonds <br />and interest have been fully paid. There <br />shall also be credited to said Sinking <br />• and Interest. Account the accrued interest <br />and premium (if any} paid by the purchaser <br />of said bonds upon delivery thereof and <br />capitalized interest in an amount sufficient <br />to pay •interest on the bonds due as of <br />August 1, 1973. <br />(d) A Reserve Account, to which shall <br />be credited on the first secular day of <br />each calendar month, commencing on August 1, <br />1973 from the remaining net revenues an <br />amount at least sufficient to accumulate <br />in fifty equal monthly installments a <br />reserve equal to the maximum annual inter- <br />est and principal thereafter due on the <br />.bonds.. The moneys constituting said <br />reserve shall be used only to the extent <br />necessary for the payment of principal <br />and interest on the revenue bonds issued <br />hereunder and any other bonds issued on <br />a parity therewith whenever other moneys <br />in the Sinking and Interest Account are <br />insufficient therefor, and whenever so <br />used said balance shall be restored by <br />the transfer of additional moneys from <br />. the net revenues in the Operation and <br />Maintenance Account except as hereinafter <br />otherwise provided. <br />-11- <br />