Purchase of Land and the Construction , off Street Parking Facilities Issuance of revenue Bonds and Distribution of the Revenues

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Fund "). The moneys in said fund shall be kept on deposit in legally designated depositories for funds of the City, in an account separate and apart from all other bank ac- counts of the City, and shall be continuously held and se- cured as provided by the laws of the State of Indiana re- lating to the depositing, securing and holding of public funds. In no event shall any of the revenues or funds of said facilities be transferred or used for any purpose not authorized by this ordinance, or reasonably implied by the provisions thereof, so long as there are outstanding any bonds payable out of the income and revenues of the facili- ties. The City Controller shall be the custodian of all funds received or derived from the operation of said Proj- ect 1969 facilities, and all checks or warrants payable out of said funds shall be signed by the City Controller. The City Controller shall be authorized to make the transfers to the various funds and accounts herein provided for and to apply the funds in the Parking Sinking Fund - Project 1969 to the payment of the interest on and principal of the bonds payable from the revenues of the facilities without further order or direction. Sec. 10. The Parking Fund shall be divided into two accounts, viz., the Operation and Maintenance Account - Project 1969, and the Net Revenue Account - Project 1969 (herein called "Operation and Maintenance Account" and "Net Revenue Account" respectively). All income and reve- nues received in the Parking Fund shall as received be cred- ited to such accounts in the following order: there shall be credited to the Operation and Maintenance Account as of the first business day of each calendar month an amount, which,