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mature within a period of twelve (12) calendar months next following <br />the date of such redemption, together with all interest on the bonds <br />payable in said period. Any such excess of funds above said required <br />level may also be used in purchasing outstanding bonds at a price less <br />than the then applicable redemption price, it first approved by the Board <br />of Public Works. Moneys in said Sinking Fund shall not be used for any <br />other purpose whatsoever except as provided in this ordinance. <br />Sec, 12. In the event all required payments into the Sewage <br />Works Sinking Fund have been met to date and there has been accumulated <br />in said Sewage Works Sinking Fund an amount sufficient to meet the re- <br />quirements of said Sinking Fund for the then next succeeding twelve <br />(12) calendar months, and funds in an amount sufficient for operation, <br />repair and maintenance of the works for a like period have been accumu- <br />lated and reserved for that purpose, and the requirements of Ordinance <br />No. 3959 as to the Sewage Works Depreciation Fund have been met, then <br />any excess revenues of the works available may be placed in the fund <br />designated as "Sewage Works Improvement Fund ", created by said <br />ordinance, and be used to pay the cost of additions and extensions to the <br />works. No revenues of the works shall be deposited in or credited to <br />the Sewage Works Depreciation Fund or Sewage Works Improvement <br />Fund which will interfere with the requirements of the Sewage Works <br />Sinking Fund or with the requirements as to reserving funds for the <br />operation, maintenance and repair of the works. <br />Sec. 13. All revenues received on account of the sewage <br />works shall be segregated and kept in a special fund separate and apart <br />from all other funds of the City. The City shall keep proper books of <br />records and accounts, separate from all of its other records and accounts, <br />in which complete and correct entries shall be made showing all revenues <br />collected from said works and all disbursements made therefrom on <br />account of the operation of the works, to meet the requirements of the <br />- 16 - <br />