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7. The bonds shall be executed on behalf of the <br />City by the signature of its Mayor and the signatureof <br />rovided, <br />its Clerk and be sealed with the seal of the City; p <br />that one of such signatures and the seal of onsthe City pertainingythere- <br />b e printed facsimiles. The interest coupons <br />lithographed <br />to shall be executed by t},? printed, engraved <br />facsimile signatures of tjL�' Mayor and Clerk. <br />8. The said bonds when so preparedand <br />executedthereof <br />shall be delivered by the reasurer to the p <br />t of the pur,ch-3_ e price, and the said purchaser <br />upon receipt er application thereof. <br />shall not be obliged to see to the prop <br />9. There is hereby created a special fund to be <br />designated "General ObligationFire <br />Elghep intity Boedsuof 1974 <br />Fund" to be held and administer Y <br />separate and apart from all other funds of the City. Said <br />specified <br />fund shall be maintained in the manner herein <br />until all of the bands herein <br />aid. authorized <br />fundand <br />thereinterest <br />be <br />thereon have been fully pthe <br />maintained two separate accounts, to,be esignttedrespectively, <br />as <br />"Capital Account and the "Sinking <br />FundThe proceeds of the sale of the bonds herein authorized, less <br />ss any <br />any premiu�i and accrued �.nterest received thereon, and less <br />900, <br />amount paid for said bonds in excess of $5 shall be <br />capitalized interest in the amount of $ 2thereshall <br />credited to the Capital Account, from whit. and all other <br />be paid all costs and expenses of said Project, <br />costs incurred and to e incurred <br />aparposethe mprovided thaoneys in t <br />account shall be usedcessary <br />for the bond proceeds may saidbonds dueprior <br />domalso <br />used <br />the <br />toethenanticipated <br />ne <br />to pay interest <br />date of commencemenereb the <br />pledgedcollection <br />theretshallhbeecredited <br />levied. There is h Y <br />to the Sinking Fund Account, all collections of taxes herein <br />covenanted to -be levied,a pro rata share of all accrued all <br />interest received upon delivery of the two setsof <br />bonds, <br />funds paid for the bonds in excess of $54,900, capitalized <br />funds <br />interest in the amount of $ 779 <br />remaining in said Capital Account after completion of the <br />king Fund <br />Project and payment of the costs ther�eandninterest <br />other <br />Account shall be used solely to pay p incipalgeneral erest- <br />on the bonds issued hereunder -and any City hereafterissued by the City and made <br />tion bonds of the account <br />payable from s <br />-7- <br />