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<br />(i) Transfer to the general fund of the City, provided that <br />the amount of any such transfer shall not exceed the lesser of $1,000 <br />or 5% of the total amount expended from the Improvement Fund; <br /> <br />(ii) As a credit upon the assessment and any supp1emen~a1 <br />assessment, provided ~hat such surplus may, if the Council so <br />determines, also be applied as a credit to the City on account of <br />contributions made by it towards the costs of the Project in the <br />proportion which such contributions bear to the total amount of the <br />assessment or supplemental assessment prior to the deduction of all <br />such contributions; or <br /> <br /> (iii) For the maintenance of the improvements acquired or <br />constructed in the Project. <br /> Section 13. Redemption Fund. The Redemption Fund shall consist <br />of: <br /> (a) Any accrued interest received by the City from the sale <br />of the Bonds; <br /> <br />(b) Monies received by the City from the collection of the <br />principal of the unpaid assessments and the interest and penalties <br />thereon, as provided in Section 18 hereof; <br /> <br />(c) Any amounts transferred from the Reserve Fund as <br />advances on account of delinquencies in the payment of installments of <br />assessments and the interes~ thereon, pursuant to Section 14(a} hereof; <br /> <br />(d) Any amounts advanced by the City from available surplus <br />funds of the City on account of delinquencies in the payment of <br />installments of assessments and the interest thereon, pursuant to <br />Section 19 hereof; <br /> <br />(e) Any amounts recovered by the City from foreclosure of <br />delinquent installments of assessments and the interest thereon which <br />are not to be used to reimburse the Reserve Fund or the City for any <br />advances made under Sections 14(a) and 19 hereof; <br /> <br />(f) Any amounts received by the City to prepay in full any <br />unpaid assessments, which amounts are to be applied to the advance <br />retirement of the Bonds, in the manner set forth in the Act and Section <br />22 hereof; <br /> <br />(g) Any amounts transferred from the Reserve Fund as part of <br />said prepayment of assessments, pursuant to Section 14(b) hereof; <br /> <br />(h) Any amounts received by the City from the investment of <br />monies in the Redemption Fund; <br /> <br />(i) Any amounts transferred from the Reserve Fund on account <br />of excess earnings therein, which amounts are to be applied as credits <br /> <br />-6- <br />