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redemption shall become due and payable on the redemption date, and, upon presentation <br />and surrender thereof at the place or places specified in that notice,. shall be paid at the <br />redemption price, plus interest accrued to the redemption date. If money for the redemption <br />of all of the Bonds and portions thereof to be redeemed, together with interest accrued <br />thereon to the redemption date, is held by the Bond Registrar on the redemption date, so as <br />to be available therefore on that date and, if notice of redemption has been deposited ir. the <br />mail as aforesaid, then from and after the redemption date those Bonds and portions thereof <br />called for redempfion shall cease to bear interest and no longer shall be considered to be <br />outstanding. If that money shall not be so available on the redemption date, or that nofice <br />shall not have been deposited in the mail as aforesaid, those Bonds and portions thereof shall <br />continue to bear interest, until. they aze paid, at the same rate as they would kiave borne had <br />they not been called for redemption. All money held by the Bond Registrar for the <br />redemption of particular Bonds shall be held in trust for the account of the registered owners <br />thereof and shall be paid to them, respectively, upon presentation and surrender of those <br />Bonds. <br />Section 4. Si~rung and Authentication of Bonds; Appointment of Bond Re ig strar. The <br />Bonds shall be signed by the Mayor and the Director of Finance, in the name of the City and in their <br />official capacities, provided that either or both of those signatures may be a facsimile. The Bonds <br />shall be issued in the Authorized Denominations and numbers as requested by the Original <br />Purchaser and approved by the Director of Finance, shall be numbered as determined by the <br />Director of Finance in order to distinguish each Bond from any other Bond and shall express upon <br />their faces the purpose, in summary terms, for which they are issued and that they are issued <br />pursuant to this Ordinance. <br />The Huntington National Bank is hereby appointed to act as the inifial Bond Registraz. The <br />Bond Registrar Agreement in the form now on file with the Clerk is approved, and the Director of <br />Finance is authorized to sign and deliver, in the name and on behalf of the City, the Bond Registraz <br />Agreement with any changes that are not inconsistent with this Ordinance, are not materially <br />adverse to the City and are approved by the Director of Finance. That such changes are not <br />materially adverse to the City and have been approved by the Duector of Finance shall be <br />conclusively evidenced by the Director of Finance's signing of the Bond Registrar Agreement. The <br />Director of Finance shall provide for the payment of the services rendered and for reimbursement of <br />expenses incurred pursuant to the Bond Registraz Agreement, except to the extent paid or <br />reimbursed by the Original Purchaser in accordance with the Bond Purchase Agreement, from the <br />proceeds of the Bonds to the extent available and then from other money lawfully available and <br />appropriated or to be appropriated for that purpose. <br />No Bond shall be valid or obligatory for any purpose or shall be entitled to any security or <br />benefit under the Bond proceedings unless and until the certificate of authentication printed on the <br />Bond is signed by the Bond Registrar as authenticating agent. Authentication by the Bond Registraz <br />shall be conclusive evidence that the Bond so authenticated has been duly issued, signed and <br />delivered under, and is entitled to the security and benefit of, the Bond proceedings. The certificate <br />of authentication may be signed by any authorized officer or employee of the Bond Registrar or by <br />any other person acting as an agent of the Bond Registrar and approved by the Duector of Finance <br />9 <br />