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� � J � l <br /> Requirement and Interest Requirement, the City Treasurer shall transfer such excess <br /> funds to the General Account as described below. Except as hereinafter expressly <br /> provided, moneys to the credit of the Principal and Interest Account shall be used solely <br /> and only to pay principal of and interest on the Note as the same become due upon <br /> maturity or redemption. <br /> 3. T� GEt�rExAL ACCOU1vT. All Incremental Property Taxes transferred far <br /> deposit to the General Account, after crediting the required amounts to the Developer <br /> Interest Costs Account and the Principal and Interest Account as hereinabove provided, <br /> shall be transferred by the City Treasurer first, if necessary, to remedy any deficiency in <br /> the Principal and Interest Account and thereafter shall be used for one or more of the <br /> following purposes,without any priority among them: <br /> (a) for the purpose of paying any Project Costs, including but not <br /> limited to the payment of debt service on obligations issued subordinate to the <br /> Note; or <br /> (b) for the purpose of redeeming the Note; or <br /> (c) for the purpose of refunding or advance refunding the Note; or <br /> (d) for the purpose of establishing such reserves as may be deemed <br /> necessary by the Corporate Authorities; or <br /> (e) for the purpose of reimbursing the City for any advances from its <br /> general corporate funds made in connection with the Plan, the Redevelopment <br /> Project or the Project Area; or <br /> (fl for the purpose of reimbursing the City for any transfers made <br /> from the hereinafter created Limited Incremental Sales Tax Subaccount to the <br /> Principal and Interest Account; or <br /> -19- <br />