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-23 - Investments of Bond Fund - Interest Reserve Account moneys shall mature in not more than six months from the date of investment. Investments of moneys in other funds, shall mature, or shall be subject to redemption by the holder thereof, at the option of such holder, not later than the date or dates when the moneys held for the credit of the particular fund will be required for the purposes intended as specified by the City. (b) Obligations so purchased as an investment of moneys in any such fund shall be deemed at all times to be a part of such fund and the interest accruing thereon and any profit realized from such investments shall be credited to such fund and any loss resulting from such investment shall be charged to such fund. Any interest or profit from investments, however, which increase the amount of the Bond Fund - Interest Reserve Account over the required amount of $50,000 may be paid over into the Bond. Fund - Interest Account, and credited against the monthly deposits into the Bond Fund - Interest Account required by Section 11(b) hereof. Section 22. In the event the office of Mayor, City Clerk, City Treasurer or City Council shall be abolished or any two or more of such offices shall be merged or consolidated or in the event the duties of a particular office shall be trans- ferred to another office or officer, or in the event of a vacancy in any such office by reason of death, resignation, removal from office or otherwise, or in the event any such officer shall become incapable of performing the duties of his office by reason of sickness, absence from the City or otherwise, all powers con- ferred and all obligations and duties imposed upon such office or officer shall be performed by the office or officer succeed- ing to the principal functions thereof, or by the office or officer upon whom such powers, obligations and duties shall be imposed by law.