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The City will take such actions as are found necessary to <br /> see that all fiecessary and proper fees, compensation and expenses <br /> of the Refunding Trustee for the Refunded 1988 Bonds shall be <br /> paid when due . <br /> The Refunding Trustee, acting in concert with the Treasurer <br /> and the Finance Director of the City, is hereby authorized and <br /> directed to provide for the giving of notice of the redemption of <br /> such Refunded 1988 Bonds in accordance with the provisions of <br /> such ordinance . The Treasurer and Finance Director of the City <br /> are authorized and requested to provide whatever assistance is <br /> necessary to accomplish such redemption and the giving of notice <br /> therefor. The costs of publication of such notice shall be an <br /> expense of the City. <br /> Section 15 . Finding of Defeasance . The Council hereby <br /> finds and determines that the moneys and Acquired Obligations to <br /> be deposited with the Refunding Trustee to pay the principal and <br /> interest due and to become due on the Refunded 1988 Bonds are <br /> sufficient to pay such amounts and will discharge and satisfy the <br /> obligations of the City under Ordinance No. 1433-88 authorizing <br /> the issuance of the Refunded 1988 Bonds and the pledges, charges, <br /> trusts, covenants and agreements of the City therein made . The <br /> Refunded 1988 Bonds shall be deemed to be defeased and no longer <br /> outstanding immediately upon the deposit of such moneys and <br /> Acquired Obligations with the Refunding Trustee. <br /> Section 16 . Issuance of Future Parity Bonds . The City <br /> hereby further covenants and agrees with the owners and holders <br /> 56 FWW003.DCC 92/09/21 <br />