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(e) In the event that any transfer or exchange of Bonds is permitted under paragraph (b) <br />or (c) hereof, such transfer or exchange shall be accomplished upon receipt by the Registrar of <br />the Bonds to be transferred or exchanged and appropriate instruments of transfer to the permitted <br />transferee in accordance with the provisions of this resolution. In the event Bonds in the form of <br />certificates are issued to owners other than Cede & Co., its successor as nominee for DTC as <br />owner of all the Bonds, or another securities depository as owner of all the Bonds, the provisions <br />of this resolution shall also apply to all matters relating thereto, including, without limitation, the <br />printing of such Bonds in the form of physical certificates and the method of payment of <br />principal of and interest on such Bonds in the form of physical certificates. <br />2.09. Forin of Bonds. The Bonds shall be prepared in substantially the form found at <br />EXHIBIT A attached hereto. <br />There is hereby created a special bookkeeping fund to be designated as the "General <br />Obligation Bonds, Series 2017A Project Fund" (the "Project Fund"), to be held and administered <br />by the City Administrator separate and apart from all other funds of the City. Within the Project <br />Fund are established the following accounts - <br />(a) ImpLovements Project Account. The Improvements Account shall be <br />credited with (i) $4,408,111.93 from the proceeds from the Bonds and (ii) all special <br />assessments collected with respect to the improvements until all costs of such <br />improvements have been fully paid. The City Administrator shall maintain the <br />lra�hcnts Account <br />with the construction of the Improvements Project have been paid. <br />"ME M. •M.- onst <br />11"Ell <br />III cc, ion u INCN 111QJ11'"t *J LIM k-Ity 11 1 L W1 I <br />it �r-iul 41111t I <br />the Equipment have been paid, <br />From the Project Fund there §Ul be paid all costs and expenses related to the <br />construction and acquisition of the Project. After payment of all such costs and expenses, the <br />Project Fund shall be terminated. All funds on hand in the Project Fund when terminated sha <br />I <br />be credited to the Bond Fund described in Section 4 hereof, unless and except as such procce <br />may be transferred to sorne other fund or account as to which the City has received from bon <br />ciwei k* *4 611 i <br />11M UNIONISM <br />0 <br />