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<br />a facsimile. The Notes shall be issued in the denominations and numbers as requested by the
<br />original purchaser and approved by the Director of Finance, provided that the entire principal
<br />amount may be represented by a single note. The Notes shall not have coupons attached, shall
<br />be numbered as determined by the Director of Finance and shall express upon their faces the
<br />purpose, in summary terms, for which they are issued and that they are issued pursuant to this
<br />ordinance.
<br />Section 6. The Notes shall be sold at not less than par at private sale by the Director
<br />of Finance in accordance with law and the provisions of this ordinance. The Director of Finance
<br />shall sign the certificate of award referred to in Section 3 evidencing that sale, cause the Notes
<br />to be prepared, and have the Notes signed and delivered, together with a true transcript of
<br />proceedings with reference to the issuance of the Notes if requested by the original purchaser,
<br />to the original purchaser upon payment of the purchase price. The Mayor, the Director of
<br />Finance, the Clerk of Council, the Director of Law and other City officials, as appropriate, are
<br />each authorized and directed to sign any transcript certificates, financial statements and other
<br />documents and instruments and to take such actions as are necessary or appropriate to
<br />consummate the transactions contemplated by this ordinance. The Director of Finance is
<br />authorized, if it is determined to be in the best interest of the Ciry, to combine the issue of Notes
<br />with one or more other note issues of the Ciry into a consolidated note issue pursuant to Section
<br />133.30(B) of the Revised Code; provided that if the aggregate principal amount of any such
<br />consolidated note issue is $1,000,000 or more, the notes of the consolidated issue shall be issued
<br />in the denominations of $100,000 each or in any denomination that is the sum of (i) $100,000
<br />and (ii) $5,000 or any integral multiple thereof, and shall not be exchangeable for other notes
<br />in denominations less than $100,000.
<br />Section 7. The proceeds from the sale of the Notes, except any premium and
<br />accrued interest, shall be paid into the proper fund or funds and those proceeds are appropriated
<br />and shall be used for the purpose for which the Notes are being issued. Any portion of those
<br />proceeds representing premium and accrued interest shall be paid into the Bond Retirement
<br />Fund.
<br />Section 8. The par value to be received from the sale of the Bonds or of any
<br />renewal notes and any excess funds resulting from the issuance of the Notes shall, to the extent
<br />necessary, be used to pay the debt charges on the Notes at maturity and are pledged for that
<br />purpose.
<br />Section 9. During the year or years in which the Notes are outstanding, there shall
<br />be levied on all the taxable property in the City, in addition to all other taxes, the same tax that
<br />would have been levied if the Bonds had been issued without the prior issuance of the Notes.
<br />The tax shall be within the 11.1-mill limitation provided by the Charter of the City, shall be and
<br />is ordered computed, certified, levied and extended upon the tax duplicate and collected by the
<br />same officers, in the same manner, and at the same time that taxes for general purposes for each
<br />of those years are certified, levied, extended and collected, and shall be placed before and in
<br />preference to all other items and for the full amount thereof. The proceeds of the tax levy shall
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