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. payment of the costs thereof; (b) all accrued interest received upon delivery of the Bonds; (c) all funds paid for the Bonds in excess of $2,467,215; (d) capitalized interest in the amount of $29,200 (together with interest earnings thereon and subject to such other adjustments as are appropriate to provide sufficient funds to pay interest due on the Bonds on or before December 1, 1985); (e) collections of all taxes herein levied for the payment of the principal and interest on the Bonds; (f) all funds remaining in the Capital Account after completion of the Unfunded Improvements and New Improvements and payment of the costs thereof, not so transferred to the account of another improvement; (g) all funds remaining in or payable to the Debt Service Account created pursuant to the Temporary Resolution for the payment of the Temporary Bonds after provision for payment of all principal and interest due on the Temporary Bonds; and (h) all investment earnings on funds held in the Debt Service Account. The Debt Service Account herein created shall be used solely to pay the principal and interest and any premiums for redemption of the Bonds issued hereunder and any other general obligation bonds of the City hereafter issued by the City and made payable from said account as provided by law. Any sums from time to time held in the Debt Service Account (or any other City account which will be used to pay principal or interest to become due on the bonds payable therefrom) in excess of amounts which under the applicable federal arbitrage regulations may be invested without regard as to yield shall not be invested at a yield in excess of the applicable yield restrictions imposed by said arbitrage regulations on such investments after taking into account any applicable "temporary periods" made available under the federal arbitrage regulations. In addition, money in the Fund shall not be invested in obligations or deposits issued by, guaranteed by or insured by the United States or any agency or instrumentality thereof if and to the extent that such investment would cause the Bonds to be "federally guaranteed" within the meaning of Section 103(h) of the Internal Revenue COde of 1954, as amended. . 17. Special Assessments Levied for the Temporary Bonds. Pursuant to the Temporary Resolut~on, the City has covenanted to levy special assessments for the payment of the Temporary Bonds. The assessments were pledged to the payment of the principal and interest on the Temporary Bonds and are herein pledged to the payment of principal and interest on the Bonds herein authorized. Said assessments were levied in the years 79 to 99. The balance of said special assessments levied in 1984 and collectible in 1985 and all assessments collectible thereafter, including any delinquent assessments, shall be payable in equal, consecutive, annual installments, with general taxes for the years shown below and with interest on the declining balance of all such assessments at the rate shown opposite such years: 16