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<br />'" <br /> <br />e <br /> <br />(b),' If the Airport should become legally liable for <br /> <br />any other obligations "or indebtedness, the City shall fix, main- <br /> <br />.' <br /> <br />tain, enforce, ch~rge and collect additional rates, charges and <br /> <br />amounts for services rendered, by the Airport sufficient to <br /> <br />establish and maintain funds for the payment thereof. <br /> <br />.Section 11. FUNDS. All revenues of the Airport shall <br /> <br />be kept' separate anci:""apart from all other funds of the City, and <br /> <br />the following spe~ial Funds are hereby created and shall be <br /> <br /> <br />established and :mainta~ned in an official depository bank of <br /> <br /> <br />the City, so long'as:any of the Bonds or Additional Bonds, or <br /> <br />. <br /> <br />interest thereon, a!~ outstanding and unpaid: <br />(a)' City' qf 'La Porte Airport . Fund, hereinafter <br /> <br />called the ."Revenue Fund;" <br /> <br />(b) City of La Porte..Airport Revenue Bonds Interest <br /> <br />and Sinking Fmid, hereinafter called the "Interest and Sinking <br /> <br />Fund'" <br />, <br /> <br />(c) ,Gity of La Porte Airport Revenue Bonds Reserve <br /> <br />Fund, hereina:f;ter called the "Reserve Fund." <br /> <br />Section 12. REVENUE FUND. All Gross Revenues of <br /> <br />every nature received by the City from the operation and owner- <br /> <br />,. , <br />ship of the. Airport shall be deposited from day to day as col- <br /> <br />. <br /> <br />lected into the Revenue Fund, and the Maintenance and Operation <br /> <br />Expenses of the Airport shall be paid from the Revenue Fund. <br /> <br />The revenues of the Airport not ~ctually required to pay said <br /> <br />expenses shall be deposited from the Revenue Fund into the other <br /> <br />Funds created by this Ordinance, in the manner and amounts here- <br /> <br />inafter proviqed, and each of such Funds shall have priority as <br /> <br />to such deposits in the order in which they are treated in the <br /> <br />follow~ng' secti~ns. <br /> <br />Section 13. INTEREST AND SINKING FUND. There shall <br /> <br />. <br /> <br />be depositeq into the Interest and Sinking Fund the following: <br />