Laserfiche WebLink
of the 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 lonQer <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 <br /> acceptable to the City, or such depository's agent or designee, and if the City does not select <br /> such alternate global book-entry system, then the Bonds may be registered in whatever name or <br /> names registered owners of Bonds transferring or exchanging Bonds shall designate, in <br /> accardance with the provisions of Section 9 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 its Mayor and attested by the manual or facsimile <br /> signature of its 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 /> si�nature 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 /> authentication, substantially in the form hereinafter set forth, duly executed by the Bond <br /> Registrar as authenticating agent of the City and showing the date of authentication. No Bond <br /> shall be valid or obligatory for any purpose or be entitled to any security or benefit under this <br /> Ordinance unless and until such certificate of authentication shall have been duly executed by <br /> -8- <br />