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Page 12 necessary to insure the prompt payment of the principal of, interest on and paying agent's fees in connection with the bonds, as they mature, shall be used from time to time on each interest paying date for calling the bonds for payment prior to maturity as soon as funds are available therefor. The City reserves the right to invest any moneys held in the Bond Fund for current debt service requirements in direct obligations of the United States of America having maturity dates or subject to redemption at the option of the holder on or before the dates the moneys will be needed for said current debt service requirements (current debt service requirements shall include those requirements maturing within not to exceed the next succeeding twelve months), but nothing herein shall be construed to in any way impair or alter the City's covenant to use all revenues derived from said special tax in excess of the amount necessary to insure the prompt payment of the principal of, interest on and pay- ing agent's fees in connection with the bonds as they mature to call bonds for payment prior to maturity. Section 7. That for the prompt payment of the principal of and interest on the bonds, the City hereby pledges its full faith, credit and taxing power, including the tax levied in Section 6. Section 8. That in order to pay the principal of and interest on the bonds as they mature and as they are redeemed prior to maturity there are hereby appropriated the entire proceeds of the said special tax levied in Section 6 hereof, and if said pro- ceeds be not sufficient to pay the principal of and interest on the bonds as they mature, then there are hereby appropriated suffi- cient additional sums out of the general revenues of the City to accomplish said payment at maturity. The principal of and interest on the bonds mature according to the following schedule: