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Section 5.02. Execution of Bonds. The Bonds shall be executed on behalf of the City <br /> with the manual or facsimile signatures of the Mayor and City Clerk of the City and the seal of <br /> the City shall be impressed, imprinted or otherwise reproduced thereon. <br /> Only such Bonds as shall bear thereon a Certificate of Authentication in the form <br /> hereinbefore recited, manually executed by the Bond Registrar, shall be valid or obligatory for <br /> any purpose or entitled to the benefits of this ordinance. Such Certificate of Authentication shall <br /> be conclusive evidence that the Bonds so authenticated have been duly executed, authenticated <br /> and delivered hereunder and are entitled to the benefits of this ordinance. <br /> In case either of the officers who shall have executed the Bonds shall cease to be an <br /> officer or officers of the City before the Bonds so signed shall have been authenticated or <br /> delivered by the Bond Registrar, or issued by the City, such Bonds may nevertheless be <br /> authenticated, delivered and issued and upon such authentication, delivery and issuance, shall be <br /> as binding upon the City as though those who signed the same had continued to be such officers <br /> of the City. Any Bond may be signed and attested on behalf of the City by such persons who at <br /> the date of the actual execution of such Bond, are the proper officers of the City, although at the <br /> original date of such Bond any such person shall not have been such officer of the City. <br /> ARTICLE VI <br /> REFUNDING PROCEDURES <br /> Section 6.01. Refunding Plan and Procedures. <br /> (a) Refunding Plan. A portion of the proceeds of sale of the Bonds, together with <br /> other funds, if any, provided by the City shall be delivered to the Refunding Trustee for the <br /> purpose of defeasing the Refunded Bonds and paying related costs of issuance. In furtherance of <br /> the refunding plan with respect to the 2007 District Bonds, the Designated Representative is <br /> hereby authorized and directed to negotiate and execute the Interlocal Agreement. Money <br /> -93- P 120287_0 MIM20287 AMT 10/14/14 <br />