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York and to one or more national information services that disseminate notices of <br /> redemption of obligations such as the Bonds. <br /> F. Purchase of Bonds in Open Market. The City further reserves the right to <br /> use at any time any surplus Revenue of the System available after providing for the payments <br /> required by paragraphs First through Seventh, inclusive, of Section 7 of this ordinance, or other <br /> available funds, to purchase any of the 1993 Bonds in the open market for retirement only, if the <br /> same may be purchased at a price not exceeding that at which they could be called for redemption <br /> on the first succeeding date on which they may be called, plus accrued interest. <br /> Section 7. Priority of Payments from Revenue Fund. A special fund of the City known <br /> as the "Water and Sewer Revenue Fund" has heretofore been established in the office of the <br /> Treasurer into which shall be deposited the Revenue of the System as collected, except the <br /> interest earned and income derived from investments of moneys in the Revenue Bond Fund and <br /> the accounts therein. The Revenue Fund shall be held separate and apart from all other funds and <br /> accounts of the City and the Revenue of the System deposited in such Fund shall be used only for <br /> the following purposes and in the following order of priority: <br /> First, to pay the Costs of Maintenance and Operation; <br /> Second, to pay the principal of and interest on the Refunded Bonds, if any <br /> payments should be required, in the order of priority and from the sources provided in the <br /> ordinances authorizing the issuance of such Refunded Bonds; <br /> Third, to make all payments required to be made into the Debt Service Account to <br /> pay the interest on any Parity Bonds; <br /> Fourth, to make all payments required to be made into the Debt Service Account <br /> to pay the principal of any Parity Bonds; <br /> Fifth, to make all payments required to be made into the 1988 Sinking Fund <br /> Account and into any Sinking Fund Account hereafter created to provide for the payment of the <br /> principal of Term Bonds; <br /> -17- Fwwo4E.DOC 93/1 0/26 <br />