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1 + _ <br /> � , • + I <br /> Section 8. Registration and Exchange or Transfer of Bonds; Persons Treated as <br /> Otivners. (a) General. The City shall cause books (the "Bond Register") for the registration and <br /> for the transfer of the Bonds as provided in this Ordinance to be kept at the principal corporate <br /> trust office of the Bond Registraz, in the City of Decatur, Illinois, which is hereby constituted and <br /> appointed the Bond Registrar of the City for the Bonds. The City is authorized to prepare, and <br /> the Bond Registrar or such other agent as the City may designate shall keep custody of, multiple <br /> Bond blanks executed by the City for use in the transfer and exchange of Bonds. <br /> Any Bond may be transferred or exchanged, but only in the manner, subject to the <br /> limitations, and-upon payment of the charges as set forth in this Ordinance. Upon surrender for <br /> transfer or exchange of any Bond at the principal corporate trust office of the Bond Registrar, <br /> duly endorsed by or accompanied by a written instrument or instruments of transfer or exchange <br /> in form satisfactory to the Bond Registraz and duly executed by the registered owner or an <br /> attorney for such owner duly authorized in wriang, the City shall execute and the Bond Registrar <br /> shall authenticate, date and deliver in the name of the transferee or transferees or, in the case of <br /> an exchange, the registered owner, a new fully registered Bond or Bonds of the same series, of <br /> like tenor, of the same maturity, bearing the same interest rate, of authorized denominations and <br /> for a like aggregate principal amount. <br /> The Bond Registrar shall not be required to transfer or exchange any Bond during the <br /> period from the close of business on the Record Date for an interest payment to the opening of <br /> business on such interest payment date or during the period of 15 days preceding the giving of <br /> notice of redemption of Bonds or to transfer or exchange any Bond all or a portion of which has <br /> been called for redemption. <br /> The execution by the City of any fully registered Bond shall constitute full and due <br /> authorization of such Bond, and the Bond Registrar shall thereby be authorized to authenticate, <br /> date and deliver such Bond; provided, however, that the principal amount of Bonds of each <br /> -12- <br />