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compensation of the registrar . As well, when the City Treasurer <br /> serves as registrar, a separate contract shall not be required . <br /> In all cases when the registrar is not the fiscal <br /> agency, the ordinance authorizing the issuance of the registered <br /> bonds or obligations shall specify the terms and conditions of <br /> 1) making payments of principal and interest; <br /> 2 ) printing any physical instruments, includ- <br /> ing the use of identifying numbers or other <br /> designation; <br /> 3 ) specifying record and payment dates; <br /> 4 ) determining denominations; <br /> 5) establishing the manner of communicating <br /> with the owners of the bonds or obligations; <br /> 6) establishing the methods of receipting for <br /> the physical instruments for payment of principal, <br /> the destruction of such instruments and the certifi- <br /> cation of such destruction; <br /> 7) registering or releasing security inter- <br /> ests, if any; and <br /> 8) such other matters pertaining to the regis- <br /> tration of the bonds or obligations authorized by <br /> such ordinance as the City may deem to be necessary <br /> or appropriate . <br /> Section 4 . Statement of Transfer Restrictions . Any physi- <br /> cal instrument issued or executed by the City subject to regis- <br /> tration under this ordinance shall state on its face that the <br /> principal of and interest on the bonds or obligations shall be <br /> paid only to the owner thereof registered as such on the books <br /> of the registrar as of the record date defined in the instrument <br /> and to no other person, and that such instrument, either <br /> - 4 - <br />