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<br />a successor Registrar, in which event the predecessor Registrar must deliver all <br />cash and Bonds in its possession to the successor Registrar and must deliver the <br />bond register to the successor Registrar. On or before each principal or interest <br />due date, without further order of this Council, the City Finance Director must <br />transmit to the Registrar moneys sufficient for the payment of all principal and <br />interest then due. <br /> <br />2.05. Execution, Authentication and Delivery. The Bonds will be prepared <br />under the direction of the City Clerk-Treasurer and executed on behalf of the City <br />by the signatures of the Mayor and the City Manager, provided that all signatures <br />may be printed, engraved or lithographed facsimiles of the originals. In case any <br />officer whose signature or a facsimile of whose signature appears on the Bonds <br />ceases to be such officer before the delivery of any Bond, such signature or <br />facsimile will nevertheless be valid and sufficient for all purposes, the same as if the <br />officer had remained in office until delivery. Notwithstanding such execution, a <br />Bond will not be valid or obligatory for any purpose or entitled to any security or <br />benefit under this Resolution unless and until a certificate of authentication on the <br />Bond has been duly executed by the manual signature of an authorized <br />representative of the Registrar. Certificates of authentication on different Bonds <br />need not be signed by the same representative. The executed certificate of <br />authentication on each Bond is conclusive evidence that it has been authenticated <br />and delivered under this Resolution. When the Bonds have been so prepared, <br />executed and authenticated, the City Finance Director shall deliver the same to the <br />Purchaser upon payment of the purchase price in accordance with the contract of <br />sale heretofore made and executed, and the Purchaser is not obligated to see to the <br />application of the purchase price. <br /> <br />2.06. Temporary Bonds. The City may elect to deliver in lieu of printed <br />definitive Bonds one or more typewritten temporary Bonds in substantially the form <br />set forth in Section 3 with such changes as may be necessary to reflect more than one <br />maturity in a single temporary bond. Upon the execution and delivery of definitive <br />Bonds the temporary Bonds will be exchanged therefor and cancelled. <br /> <br />Section 3. Form of Bond. <br /> <br />3.01. The Bonds will be printed in substantially the following form: <br /> <br />SJB41089 <br />NE136~97 <br />