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( a) $420 , 573 of the proceeds of the Bonds , together <br /> with the amount in excess of $2, 083 , 500 paid by the <br /> purchaser of the Bonds shall be deposited in the Series <br /> 1985B Tax Increment Bond Account referred to in <br /> Section 4 . 02 hereof; and <br /> (b) $1 , 662 , 927 of the proceeds of the Bonds shall be <br /> deposited in the Series 1985B Tax Increment Bonds Capital <br /> Expenditures Fund referred to in Section 4 . 01 hereof-. <br /> Section 4 . Security Provisions . <br /> 4 . 01 . Capital Expenditures Fund. There is hereby <br /> established on the official books and records of the City a <br /> ''Series 1985B Tax Increment Bonds Capital Expenditures Fund" <br /> (the Capital Expenditures Fund) and the City Treasurer shall <br /> maintain the Capital Expenditures Fund until all costs and <br /> expenses to be financed by the proceeds of the Bonds deposited <br /> therein have been paid. There is appropriated to the Capital <br /> Expenditures Fund, and to said Fund there shall be credited the <br /> amounts specified in Section 3 . 07 hereof . From the Capital <br /> Expenditures Fund there shall be paid all costs and expenses <br /> incurred and to be incurred by the City and the HRA in aid of <br /> the Project . After payment of all costs and expenses of the <br /> • Project to be paid from. the Capital Expenditures Fund, said <br /> Fund shall be discontinued and any amounts remaining therein <br /> shall be transferred to the Series 1985B Tax Increment Bond <br /> Account referred to in Section 4 . 02 hereof . <br /> 4 . 02 . Bond Sinking Fund. The Bonds shall be payable <br /> from a "Series 1985B Tax Increment Bond Account" (the Bond <br /> Account) , which Account the City agrees to establish and <br /> maintain until all bonds payable therefrom have been paid in <br /> full . The moneys on hand in the Bond Account from time to time <br /> shall be used only to pay when due the principal of and <br /> interest on the Bonds and any additional bonds issued pursuant <br /> to Section 4 . 04 which are payable therefrom. If the moneys on <br /> hand in the Bond Account should at any time be insufficient to <br /> pay principal and interest due on the bonds payable therefrom, <br /> such amounts shall be paid from the General Fund of the City, <br /> which shall be reimbursed therefor when sufficient money <br /> becomes available in the Account . There is appropriated to the <br /> Bond Account, and to the Bond Account there shall be credited <br /> or transferred as the case may be, the amounts specified in <br /> Section 3 . 07( a) hereof , all amounts transferred therein <br /> pursuant to Section 4 . 01 or 4 . 03 hereof , all taxes levied <br /> pursuant to Section 4 . 05 hereof , and all other moneys <br /> appropriated thereto . <br /> -16- <br />