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. (i) Redemption. In the event any of the Notes are called for redemption, notice thereof identifying the Notes and principal amount thereof to be redeemed will be given by the Registrar at least 120 days before the redemption date by mailing a copy of the redemption notice by first class mail (postage prepaid) to the registered owner of each Note to be redeemed at the address shown on the registration books kept by the Registrar, Notes so called for redemption will cease to bear interest after the specified redemption date, provided that the funds for the redemption are on deposit with the place of payment at that time, 2.04, Appointment of Registrar. The City appoints the City Finance Director, as the initial Registrar, but retains the right to select a third party to serve as Registrar ("Third Party Registrar") at any time, in which event the balance of this Section controls. The Mayor and the City Manager are authorized to execute and deliver, on behalf of the City, a contract with the Registrar. Upon merger or consolidation of a Third Party Registrar with another corporation, if the resulting corporation is a bank or trust company authorized by law to conduct such business, the resulting corporation is authorized to act as successor Third Party Registrar. The City agrees to pay the reasonable and customary charges of the Registrar for the services performed. The City reserves the right to remove a Third Party Registrar upon 30 days' notice and upon the appointment of a successor Third Party Registrar, in which event the predecessor Third Party Registrar must deliver all cash and Notes in its possession to the successor Third Party Registrar and must deliver the Note register to the successor Third Party Registrar. On or before each principal or interest due date, without further order of this Council, the City Finance Director must transmit to a Third Party Registrar moneys sufficient for the payment of all principal and interest then due. . 2.05. Execution, Authentication and Delivery. The Notes will be prepared under the direction of the City Manager and executed on behalf of the City by the signatures of the Mayor and the City Manager, provided that all signatures may be printed, engraved or lithographed facsimiles of the originals. If an officer whose signature or a facsimile of whose signature appears on the Notes ceases to be such officer before the delivery of any Note, that signature or facsimile will nevertheless be valid and sufficient for all purposes, the same as if the officer had remained in office until delivery. Notwithstanding such execution, a Note will not be valid or obligatory for any purpose or entitled to any,security or benefit under this Resolution unless and until a certificate of authentication on the Note has been duly executed by the manual signature of an authorized representative of the Registrar. Certificates of authentication on different Notes need not be signed by the same representative. The executed certificate of authentication on a Note is conclusive evidence that it has been authenticated and delivered under this Resolution. When the Notes have been so prepared, executed and authenticated, the City Manager will deliver the same to the Purchaser upon payment, of the purchase price in accordance with the contract of sale heretofore made and executed, and the Purchaser is not obligated to see to the application of the purchase price. 2.06, Temporary Notes. The City may elect to deliver in lieu of printed definitive Notes one or more typewritten temporary Notes in substantially the form set forth in Section 3 with such changes as may be necessary to reflect more than one maturity in a single temporary 302227v3 8JB NE136.163 5 .