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within -mentioned bond and hereby irrevocably constitutes and <br />appoints , Agent, to transfer the <br />same on the books of registry in the office of the registrar <br />• with full power of substitution in the premises. <br />Dated: <br />Registered Owner <br />Witness: <br />NOTE: The signature to this assignment must <br />correspond with the name as written on the <br />face of the within bond in every particular, <br />without alteration, enlargement or any change <br />Wh a..t gnel.rer, <br />12. General obligation bond anticipation notes are <br />authorized for issuance and sale by the City Manager in <br />anticipation of the issuance of the general obligation bonds <br />authorized for issuance herein. Such notes shall mature and <br />be payable within two years from their date and may be sold <br />at competitive or negotiated sale and on such other terms <br />and conditions as are determined by the City Manager. If <br />such notes are offered for competitive sale, a Notice of <br />• Sale shall be prepared, published and distributed in <br />accordance with the requirements set forth in paragraph 9 <br />and shall be in such form as determined by the City <br />Manager. There shall also be prepared and distributed an <br />Official Statement relating to such notes in such form as <br />shall be approved by the City Manager. The issuance and <br />details of such notes shall be governed by the provisions of <br />Section 15.1-223 or Title 15.1, Chapter 5, Article 7 of the <br />Code of Virginia, 1950, as amended. The provisions of <br />paragraphs 4 and 7 shall apply to such notes to the same <br />extent the same apply to the Bonds except, in the case of <br />the provisions of paragraph 4, only to the extent such notes <br />are not paid from the proceeds of the Bonds, other notes or <br />from any other available funds. The sale of such notes and <br />the form and other details thereof shall be approved, <br />ratified and confirmed by resolution of this Council. Bonds <br />in anticipation of which such bond anticipation notes are <br />issued pursuant to this paragraph may be issued and sold in <br />accordance with the provisions of this ordinance at any time <br />within three (3) years of the date of issuance of the first <br />notes issued in anticipation of such Bonds. <br />13. The City Attorney of the City is directed to <br />file a copy of this ordinance, certified by the Clerk of <br />Council of the City to be a true and correct copy hereof, <br />with the Circuit Court of the City, and the Clerk of Council <br />-13- <br />