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In the event that (i)the City determines that DTC is incapable of discharging its <br /> responsibilities described herein and in the Representation Letter, (ii) the agreement among the <br /> City, the Bond Registrar and DTC evidenced by the Representation Letter shall be terminated for <br /> any reason or(iii) the City determines that it is in the best interests of the beneficial owners of the <br /> Bonds that they be able to obtain certificated Bonds, the City shall notify DTC and DTC <br /> Participants of the availability through DTC of Bond certificates and the Bonds shall no longer <br /> be restricted to being registered in the Bond Register in the name of Cede, as nominee of DTC. <br /> At the time, the City may determine that the Bonds shall be registered in the name of and <br /> deposited with such other depository operating a global book-entry system, as may be acceptable <br /> to the City, or such depository's agent or designee, and if the City does not select such alternate <br /> global book-entry system, then the Bonds may be registered in whatever name or names <br /> registered owners of Bonds transferring or exchanging Bonds shall designate, in accordance with <br /> the provisions of Section 11 hereof. <br /> Notwithstanding any other provision of this Ordinance to the contrary, so long as any <br /> Bond is registered in the name of Cede, as nominee of DTC, all payments with respect to <br /> principal of and interest on such Bond and all notices with respect to such Bond shall be made <br /> and given, respectively, in the manner provided in the Representation Letter. <br /> Section 6. Execution; Authentication. The Bonds shall be executed on behalf of the <br /> City by the manual or facsimile signature of the Mayor and attested by the manual or facsimile <br /> signature of the City Clerk, as they may determine, and shall have impressed or imprinted <br /> thereon the corporate seal or facsimile thereof of the City. In case any such officer whose <br /> signature shall appear on any Bond shall cease to be such officer before the delivery of such <br /> Bond, such signature shall nevertheless be valid and sufficient for all purposes, the same as if <br /> such officer had remained in office until delivery. All Bonds shall have thereon a certificate of <br /> -10- <br /> 25 <br />