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'err Page 20 En Waterworks Depreciation Fund, which Fund is hereby confirmed and cont-inucd as set forth therein. In adcii.:tion, moneys in the Waterworks Depreciation Fund may be used at any time to the extent necessary to prevent a default in the payment of the principal of and i ------est on the bonds authorized by this Ordinance. Section 14. Waterworks Operation and Maintenance Fund. There was established by Section 12 of Ordinance No. 681 a Waterworks Operation and Maintenance Fund, which fund is hereby confirmed and continued. Section 15. That any surplus in the Waterworks Revenue Fund, after making full provision for the other Funds provided for in Ordinance No. 681 and in this Ordinance, may be used, at the option of the City, for the calling of bonds of this issue for pay- ment prior to maturity in accordance with the call provisions set forth hereinabove, for the construction of extensions, betterments and improvements to the System, or for any other lawful municipal purpose. Section 16. That all payments on the bonds and interest shall be made only through the Paying Agent, All bonds paid or purchased either at or before maturity shall be canceled when such payment or purchase is made, together with all un;matured interest coupons appertaining thereto, and held by the Treasurer and shall not be reissued. All unpaid interest coupons maturing on or prior to the date of such payment or purchase shall continue to be payable to the respective bearers thereof. Section 17. inat as long as any of the bonds authorized hereby are outstanding, the City shall not issue or attempt to issue