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'r <br /> • interest rates and CUSIP numbers of the Bonds to be redeemed and the place at <br /> which the Bonds are to be surrendered for payment, which is the principal office of <br /> the Registrar. Official notice of redemption having been given as aforesaid, the <br /> Bonds or portions thereof so to be redeemed shall, on the redemption date, become <br /> due and payable at the redemption price therein specified and from and after such <br /> date (unless the City shall default in the payment of the redemption price) such <br /> Bonds or portions thereof shall cease to bear interest. <br /> Bonds in a denomination larger than $5,000 may be redeemed in part <br /> in any integral multiple of $5,000. The owner of any Bond redeemed in part shall <br /> receive without charge, upon surrender of such Bond to the Registrar, one or more <br /> new Bonds in authorized denominations equal in principal amount to be <br /> unredeemed portion of the Bond so surrendered. <br /> 3.06. Preparation and Delivery. The Bonds shall be prepared under the <br /> direction of the City Manager and shall be executed on behalf of the City by the <br /> facsimile signatures of the Mayor and the City Manager. On the reverse side of each <br /> Bond shall be a printed a copy of the legal opinion to be rendered by bond counsel, <br /> certified by the facsimile signatures of the Mayor and City Manager. In case any <br /> officer whose signature shall appear on the Bonds shall cease to be such officer <br /> before the delivery of any Bond, such signature shall nevertheless be valid and <br /> sufficient for all purposes, the same as if such officer had remained in office until <br /> • delivery. Notwithstanding such execution, no Bond shall be valid or obligatory for <br /> any purpose or entitled to any security or benefit under this resolution unless and <br /> until a certificate of authentication on such Bond has been duly executed by the <br /> manual signature of an authorized representative of the Registrar. Certificates of <br /> authentication on different Bonds need not be signed by the same representative. <br /> The executed certificate of authentication on each Bond shall be conclusive evidence <br /> that it has been authenticated and delivered under this resolution. When the <br /> Bonds have been so executed and authenticated, they shall be delivered by the City <br /> Manager to the Purchaser upon payment of the purchase price in accordance with <br /> the contract of sale heretofore made and executed, and the Purchaser shall not be <br /> obligated to see to the application of the purchase price. <br /> Section 4. Funds and Accounts. Additional Bonds. For the proper <br /> administration of the moneys so to be borrowed and to make adequate and specific <br /> security to the purchaser of the Bonds and to the owners thereof from time to time, <br /> and the owners of any other bonds issued and made payable on a parity with the <br /> Bonds, the City shall, at least until the Bonds and interest thereon are fully paid, <br /> establish and maintain its Liquor Enterprise Fund and maintain financial records of <br /> the receipts and disbursements relating to said Fund in accordance with this <br /> resolution. In such records there shall be established and maintained subdivisions <br /> of the Liquor Enterprise Fund for the purposes and in the amounts as follows: <br /> -14- <br />