There is hereby established a revolving fund to be used for the payment of the indebtedness herein above referred to and for paving, repaving, curbing and otherwise permanently improving streets until the five year paving plan shall have been completed; said Fund to be known as the 1964 Sewer and Paving Revolving Fund. All monies realized from the assessments as aforesaid and taxes as aforesaid, shall be paid into the revolving fund hereby created as collected, and shall be applied to the payment of principal and interest on the said indebtedness and be used for street improvements as aforesaid.
(Res. passed 1-28-1965)