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9 <br /> Section 13. Execution of Bonds. The Bonds shall be executed on behalf of the City <br /> with the manual or facsimile signature of the signature of the Mayor and attested by the manual <br /> or facsimile signature of the City Clerk, and the seal of the City shall be impressed or a facsimile <br /> thereof imprinted or otherwise reproduced on the Bonds. <br /> Only such Bonds as shall bear thereon a Certificate of Authentication in the form <br /> hereinbefore recited, manually executed by the Registrar, shall be valid or obligatory for any <br /> purpose or entitled to the benefits of this ordinance. Such Certificate of Authentication shall be <br /> conclusive evidence that the Bonds so authenticated have been duly executed, authenticated and <br /> 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 Registrar, or issued by the City, such Bonds may nevertheless be authenticated, <br /> delivered and issued and upon such authentication, delivery and issuance, shall be as binding <br /> upon the City as though those who signed the same had continued to be such officers of the City. <br /> Any Bond may also be signed and attested on behalf of the City by such persons who are at the <br /> actual date of delivery of such Bond the proper officers of the City although at the original date <br /> of such Bond any such person shall not have been such officer of the City. <br /> Section 14. Defeasance. In the event that the City, in order to effect the payment, <br /> retirement or redemption of any Bond, sets aside in the Revenue Bond Fund or in another special <br /> account, cash or noncallable Government Obligations, or any combination of cash and/or <br /> noncallable Government Obligations, in amounts and maturities which, together with the known <br /> earned income therefrom, are sufficient to redeem or pay and retire such Bond in accordance <br /> with its terms and to pay when due the interest and redemption premium, if any, thereon, and <br /> JJ <br /> -59- P:120287 CMW20287 880 03/25/09 <br />