Debt Service Funds. The College District shall maintain as its primary objective, the safety of principal with regard to all monies collected or allocated for debt service. Secondly, the College District shall seek to maximize the return on such funds while ensuring sufficient funds for timely payments of its debt obligations. In order to accomplish this, the College Dis- trict shall invest such funds in amounts and maturity dates that most likely will meet the debt service requirements of the College District.
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