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. . within the Common Debt Service Account is hereby established, designated the "Series 1986A Improvement Bond Debt Service Account." It is hereby pledged and there shall be credited to such separate account (a) all accrued interest received from the purchaser of the Bonds; (b) proceeds attributable to capitalized interest in the amount of $156,000; (c) proceeds, if any, in excess of $1,939,450; (d) all collections of special assessments to be levied and either initially credited to the Series 1986A Improvement Bonds Construction Account or collected subsequent to the completion of the Improvements and payment of the cost thereof; (e) all taxes levied for payment of the Bonds; and (f) all funds remaining in the Series 1986A Improvement Bonds Construction Account after completion of the Improvements and payment of the cost thereof (not transferred by the Council to the payment of the costs of any other improvement). Such separate account shall be used solely to pay principal and interest on the Bonds and any other general obligation bonds of the Issuer heretofore or hereafter issued by the Issuer and made payable from such separate account as permitted by law. If moneys in such separate account should at any time be insufficient to pay principal and interest due on the Bonds, such amount shall be paid from the general fund of the Issuer, which shall be reimbursed therefor when sufficient money becomes available in such separate account. Any sums from time to time held in such separate account (or any other fund of the Issuer which will be used to pay principal or interest to become due on the Bonds) in excess of amounts which under Section 103(c) of the Internal Revenue Code (the Code), and regulations promulgated thereunder, may be invested without regard to yield, shall not be invested at a yield in excess of applicable yield restrictions imposed by such provisions of the Code and regulations. 4.02. special Assessments. The City hereby covenants and agrees that, for the payment of the cost of Improvements, the City will do and perform all acts and things necessary for the final and valid levy of special assessments in an amount not less than 20 percent of the cost of each of the Improvements, and the City estimates that it will levy assessments in the aggregate amount of $ 1,748,729 The principal of said assessments shall be payable in equal, consecutive annual installments, with interest on unpaid installments thereof from time to time at the rate of at least 9.25 percent per annum. It is presently estimated that the principal and interest on such special assessments will be collected in the years and amounts as follows: Year Amount Year Amount Year Amount 1987 $307,666 1992 $224,362 1997 $141,297 1988 270,882 1993 212,731 1998 132,206 1989 259,252 1994 201,100 1999 123,115 . 1990 247,622 1995 189,468 2000 114,023 1991 235,990 1996 150,388 2001 78,570 14.