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the principal amount of each Bond to be redeemed for each twelve (12) month period or fraction thereof from and excluding the date fixed for redemption to and including the stated maturity date of such Bond. (c) If any Bond (or any portion of the principal amount thereof in installments of $5,000) shall be called for redemption, notice of the redemption thereof, specifying the date, number and maturity of such Bond, the date and place or places fixed for its redemption, the premium, if any, payable upon such redemption, and if less than the entire principal amount of such Bond is to be redeemed, that such Bond must be surrendered in exchange for the principal amount thereof to be redeemed and a new Bond or Bonds issued equalling in principal amount that portion of the Principal amount thereof not to be redeemed, shall be mailed not less than thirty (30) days prior to the date fixed for redemption by first class mail to the registered holder of such Bond at his address as it appears on the books of registry kept by the Registrar for the Bonds as of t'he close of business on the forty-fifth (45th) day preceding the date fixed for redemption. If notice of the redemption of any Bond shall have been given as aforesaid, and payment of the principal amount of such Bond (or the portion of the principal amount thereof to be redeemed) and of the accrued interest and premium, if any, payable upon such redemption shall have been duly made or provided for, interest on such Bond shall cease to accrue from and after the date so specified for the redemption thereof. 5. (a) The Bonds shall be executed, for and on behalf of the City, by the manual or facsimile signature of the Mayor and City Treasurer of the City and shall have a facsimile of the corporate seal of the City imprinted thereon attested by the manual or facsimile signature of the Clerk of Council of the City. (b) The City Manager shall direct the Registrar for the Bonds to authenticate such Bonds and no such Bond shall be valid or obligatory for any purpose unless and until the certificate of authentication endorsed on each Bond shall have been manually executed by an authorized signator of the Registrar. Upon the authentication of any Bonds the Registrar shall insert in the certificate of authentication the date as of which such Bonds are authenticated as follows: (i) if the Bond is authenticated prior to the first interest payment date, the certificate shall be dated as of the date of the initial issuance and delivery of the Bonds; (ii) if the Bond is authenticated upon an interest payment date, the certificate shall be dated as of such interest payment date; (iii) if the Bond is authenticated after the fifteenth (15th) day of the calendar month next preceding an interest payment date and prior to such interest payment date, the certificate shall be dated as of such interest payment date; and (iv) in all other instances the certificate shall be dated as of the date upon which the Bond is authenticated. (c) The execution and authentication of the Bonds in the manner above set forth is adopted as a due and sufficient authentication of the Bonds. 6. The principal of and prmium, if any, on the Bonds shall be payable in such coin or currency of the United States of America as at the respective dates of payment thereof is legal tender for public snd private debts, at the principal corporate trust office of the Registrar and Paying Agent for the Bonds appointed pursuant to paragraph 13 hereof. Interest on the onds shall be payable by check or draft mailed by the Registrar and Paying Agent to the Registered holders of such Bonds at their respective 227