To the extent that the city is required by Section 148 of the Internal Revenue Code of 1986, as amended, or any successor federal law, to make arbitrage rebate payments to the U.S. Treasury on account of the investment of the guaranty fund, such payments may be made from amounts on deposit in the guaranty fund. The city may establish subaccounts within the guaranty fund from time-to-time, if necessary or desirable for purposes of accounting for the investment of money therein. (Ord. 2263 § 4, 1999; Ord. 85 § 4, 1961)