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cm Page 16 En for making the required monthly payments into the Operation and Maintenance Fund and into the Sewer Revenue Bond Fund. The reserve for contingencies shall be used solely as herein provided. (e) When the moneys in the Sewer Revenue Bond Fund, including the reserve for contingencies, shall be and remain sufficient to pay the principal of and interest on all Sewer Revenue Bonds then outstanding, and the Paying Agent's fees, there shall be no obligation to make any further payments into the Sewer Revenue Bond Fund. (f) All moneys in the Sewer Revenue Bond Fund shall be used solely for the payment of the principal of and interest on the bonds and the Paying Agent's fees, except as herein specifically provided. If a surplus shall exist in the Sewer Revenue Bond Fund over and above the amount necessary to insure the prompt payment of the principal of and interest on the bonds as the same become due and the Paying Agent's fees and over and above the required reserve for contingencies, such surplus may be used, at the option of the Sewer Com- mittee, for the redemption of the bonds prior to maturity or for constructing extensions, betterments and improvements to the Sewer System. (g) There shall be withdrawn from the Sewer Revenue Bond Fund at least five (5) days before the maturity date of any bond or interest coupon and deposited with the Paying Agent an amount equal to the amount of such bond or coupon for the sole purpose of paying the same, together with the Paying Agent's fees. Such deposit shall be at the sole risk of the City and shall not operate as a payment of the bond or coupon until so applied. Section 9. Sewer Depreciation Fund. After making the required pay- ments into the Operation and Maintenance Fund and the Sewer Revenue Bond Fund, there shall be paid from the Sewer Fund into a fund, which is hereby created and designated "Sewer Depreciation Fund" on the first business day of