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-2 - <br />authorized to determine, in accordance with and subject to the provisions of this ordinance: the <br />• date or dates of the Bonds; the interest payment dates thereof; the maturity dates thereof, provided <br />that the final maturity of the Bonds be not later than forty (40) years from the date the first <br />Bonds are issued under this ordinance; the amount of principal maturing on each maturity date; <br />the place or places of payment thereof and the paying agent or paying agents therefor; the place <br />or places of registration, exchange or transfer thereof and the registrar therefor; and whether or <br />not the Bonds shall be subject to redemption prior to their stated maturity or maturities and, if <br />subject to such redemption, the premiums, if any, payable upon such redemption and the <br />respective periods in which such premiums are payable. <br />(b) In the event the Bonds of any series shall be dated as of a date other than <br />the first day of a calendar month or the dates on which interest is payable on such series are other <br />than the first days of calendar months, the provisions of Paragraph 2 with regard to the <br />authentication of such Bonds and of Paragraph 9 with regard to the form of such Bonds shall be <br />modified as the City Manager shall determine to be necessary or appropriate. <br />(c) If the Bonds are subject to redemption and if any Bonds (or portions thereof <br />in installments of $5,000 or any integral multiple thereof) are to, be redeemed, notice of such <br />redemption specifying the date, numbers and maturity or maturities of the Bond or Bonds to be <br />redeemed, the date and place or places fixed for their redemption, and if less than the entire <br />principal amount of a Bond called for redemption is to be redeemed, that such Bond must be <br />surrendered in exchange for payment of the principal amount thereof to be redeemed and the <br />issuance of a new Bond or Bonds equalling in principal amount that portion of the principal <br />amount of such Bond not to be redeemed, shall be mailed not less than thirty (30) days prior to <br />the date fixed for redemption, by first class mail, postage prepaid, to the registered owner of such <br />Bond at his address as it appears on the books of registry kept by the registrar for the Bonds (the <br />"Registrar") as of the close of business on the forty-fifth (45th) day next preceding the date fixed <br />for redemption. If any Bonds shall have been called for redemption and notice thereof shall have <br />been given as hereinabove set forth, and payment of the principal amount of such Bonds (or of <br />the principal amount thereof to be redeemed) and of the accrued interest and premium, if any, <br />payable upon such redemption shall have been duly made or provided for, interest on such Bonds <br />shall cease to accrue from and after the date so specified for their redemption. <br />2. (a) The Bonds shall be executed, for and on behalf of the City, by the <br />manual or facsimile signature of the Mayor and the City Treasurer of the City and shall have a <br />facsimile of the corporate seal of the City imprinted thereon, attested by the manual or facsimile <br />signature of the Clerk of Council of the City. <br />(b) The City Manager shall direct the Registrar for the Bonds of a given series <br />to authenticate such Bonds and no such Bond shall be valid and obligatory for any purpose unless <br />and until the certificate of authentication endorsed on such Bond shall have been manually <br />executed by an authorized signator of the Registrar. Upon the authentication of any Bonds, the <br />Registrar shall insert in the certificate of authentication the date as of which such Bonds are <br />authenticated as follows: (i) if the Bond is authenticated prior to the first interest payment date, <br />the certificate shall be dated as of the date of the initial issuance and delivery of the Bonds of <br />• the issue of which such Bond is one; (ii) if the Bond is authenticated upon an interest payment <br />date, the certificate shall be dated as of such interest payment date; (iii) if the Bond is <br />