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<br />(v) <br /> <br />(vi) <br /> <br />(vii) <br /> <br />(viii) <br /> <br />(ix) <br /> <br />and in the manner provided in said Bonds and Notes, <br />according to the true intent and meaning thereof. <br /> <br />The Issuer will use the proceeds of Bonds and Notes for <br />the purposes set forth in this General Bond Legislation <br />and the applicable Service Legislation. <br /> <br />The Issuer shall, at any and all times, cause to be done <br />all such further acts and things and cause to be <br />executed and delivered all such further instruments as <br />may be necessary to carry out the purpose of Bonds and <br />Notes and this General Bond Legislation or as may be <br />required by Article XVIII of the Constitution of Ohio <br />and will, subject to the provisions of this General Bond <br />Legislation, comply with all requirements of law <br />applicable to the Utility and the operation thereof. <br /> <br />The Issuer will observe and perform all agreements, <br />covenants, undertakings, stipulations and provisions <br />contained in this General Bond Legislation, and the <br />Bonds and Notes, and in all proceedings of the <br />Legislative Authority pertaining to the Bonds and Notes <br />or the Utility. <br /> <br />The Issuer agrees that the moneys representing accrued <br />interest, if any, on Bonds, prior to their application <br />pursuant to this General Bond Legislation, shall be <br />either held in cash or invested in direct obligations of <br />(including obligations issued ane:! held in book entry <br />form on the books of) the Department of the Treasury of <br />the united States of America. <br /> <br />The Issuer will do all things necessary to effect the <br />issuance of and delivery, at or prior to the maturity of <br />any Notes, of renewal Notes or the Bonds in anticipation <br />of which such Notes were issued for the refunding of any <br />portion of the principal amount thereof for which <br />necessary Pledged Receipts have not been received, or <br />other funds of the Issuer are not available, and it will <br />do all things necessary to sell such renewal Notes or <br />such Bonds at the time provided above and will accept <br />such interest rate as shall be lawful and necessary in <br />order to effect such sale, and these obligations are <br />established as duties specifically enjoined by law upon <br />the Issuer and its officers, and result from their <br />respective offices, trusts or stations within the <br />meaning of Section 2731.01 of the Ohio Revisee:! Code. <br /> <br />(b) The Issuer represents and warrants that it is duly authorized <br />by the Constitution and the laws of the State of Ohio, particularly Article XVIII <br />of the Constitution of Ohio, Chapter 133, Ohio Revised Code, the Charter of the <br />Issuer and this General Bond Legislation, to issue the Bonds and Notes authorized <br />hereby and to pledge the Levy in the manner and to the extent herein set forth. <br /> <br />(c) It is further found and determined, and is hereby represented <br />and recited, that the provisions of the Issuer's Charter and the rules of this <br />Legislative Authority have been fully complied with and that this General Bond <br />Legislation was adopted in conformity therewith. <br /> <br />(d) All of the obligations and duties of the Issuer and its <br />officers in its behalf, under the Bonds and Notes ane:! this General Bone:! <br />Legislation are hereby established as duties specifically enjoined by law ane:! <br /> <br />-15- <br />