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by pledging obligations of, or obligations unconditionally <br />guaranteed by, the United States of America, such obligations <br />at all times to be at least equal in value to the amount in <br />the Construction Fund. <br />28. INVESTMENT OF CONSTRUCTION FUND. Money in the j <br />Construction Fund shall be kept invested in the same manner <br />as is herein provided for the investment of the Junior Lien <br />Reserve Fund; provided, that any obligations in which money in <br />the Construction Fund is so invested must mature or be subject <br />to redemption at the option of the holder or dates which coincide <br />as nearly as practicable to the dates when money will be needed <br />to pay construction costs as such dates are estimated by a <br />Consulting Engineer. Al1 interest and profits from such invest- <br />ments shall be deposited into the Construction Fund. <br />29. DISBURSEMENTS FROM CONSTRUCTION FUNDo (a) In <br />the making of construction contracts and the disbursement of <br />money in the Construction Fund the City shall comply with <br />Section 18 of Article 8280-9, of Vernon's Annotated Texas <br />Statutes, as amended. <br />(b) Money in the Construction Fund shall be subject <br />to withdrawal by the City ior payment of costs incurred and to <br />be incurred in the construction of the System, in accordance <br />with plans and specificatioris therefor prepared by the Consult- <br />ing Engineers. Such withdrawals shall be made only upon checks <br />and vouchers stating the purpose of the payment signed by the <br />Mayor and City Clerk, and (except for expenses in connection <br />with the issuance of the Bonds) countersigned by the Consulting <br />Engineers, or such checks and vouchers may be signed by such <br />