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the owner thereof sufficient to reimburse the Registrar for any tax, fee or other <br />governmental charge required to be paid with respect to such transfer or exchange. <br />h) Mutilated, Lost, Stolen or Destroyed Bonds. In case any Bond shall become <br />mutilated or be destroyed, stolen or lost, the Registrar shall deliver a new Bond of like <br />amount, number, maturity date and tenor in exchange and substitution for and upon <br />cancellation of any such mutilated Bond or in lieu of and in substitution for any Bond <br />destroyed, stolen or lost, upon the payment of the reasonable expenses and charges of the <br />Registrar in connection therewith; and, in the case of a Bond destroyed, stolen or lost, upon <br />filing with the Registrar of evidence satisfactory to it that the Bond was destroyed, stolen <br />or lost, and of the ownership thereof, and upon furnishing to the Registrar of an appropriate <br />bond or indemnity in form, substance and amount satisfactory to it, in which both the City <br />and the Registrar shall be named as obligees. All Bonds so surrendered to the Registrar <br />shall be canceled by it and evidence of such cancellation shall be given to the City. If the <br />mutilated, destroyed, stolen or lost Bond has already matured or been called for redemption <br />in accordance with its terms it shall not be necessary to issue a new Bond prior to payment. <br />i) Authenticating Agent. The Registrar is hereby designated authenticating agent <br />for the Bonds, within the meaning of Minnesota Statutes, Section 475.55, Subdivision 1, <br />as amended. <br />j) Valid Obligations. All Bonds issued upon any transfer or exchange of Bonds <br />shall be the valid obligations of the City, evidencing the same debt, and entitled to the same <br />benefits under this Resolution as the Bonds surrendered upon such transfer or exchange. <br />2.07. Execution, Authentication 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 signatures of the <br />Mayor and the City Manager, provided that the signatures may be printed, engraved or <br />lithographed facsimiles of the originals. In case any officer whose signature or a facsimile of <br />whose signature shall appear on any Bond shall cease to be such officer before the delivery of such <br />Bond, such signature or facsimile shall nevertheless be valid and sufficient for all purposes, the <br />same as if such officer had remained in office until the date of delivery of such Bond. <br />Notwithstanding such execution, no Bond shall be valid or obligatory for any purpose or entitled <br />to any security or benefit under this Resolution unless and until a certificate of authentication on <br />the Bond, substantially in the form provided in Section 2.09, has been executed by the manual <br />signature of an authorized representative of the Registrar. Certificates of authentication on <br />different Bonds need not be signed by the same representative. The executed certificate of <br />authentication on any Bond shall be conclusive evidence that it has been duly authenticated and <br />delivered under this Resolution. When the Bonds have been prepared, executed and authenticated, <br />the City Manager shall deliver them to the Purchaser upon payment of the purchase price in <br />accordance with the contract of sale theretofore executed, and the Purchaser shall not be obligated <br />to see to the application of the purchase price. <br />2.08. Securities Depository. (a) For purposes of this section the following terms shall <br />have the following meanings: <br />6 <br />4837-9618-831215