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<br /> on the principal amount thereof to the date of redemption are made or duly provided for by the County, <br /> interest on such Bond shall cease to accrue and become payable from and after the date fixed for <br /> redemption. <br /> SECTION 5. Payment of Bonds. The principal of and interest and premium, if any, on <br /> the Bonds shall be payable in any coin or currency of the United States of America which at the time of <br /> payment is legal tender for public and private debts. <br /> SECTION 6. Execution and Form of Fully Reeistered Bonds. The Bonds of a series <br /> shall be lithographed, steel engraved, typewritten, printed or in other reproduced form as the Director of <br /> Finance may determine. The Bonds of a series shall bear the manual or facsimile signatures of the <br /> Director of Finance and of the Mayor of the County, and the seal of the County of a facsimile thereof <br /> shall be affixed to or printed on such Bonds; provided, however, the Director of Finance may provide for <br /> the Bonds of a series to be issued in and effect abook-entry system for such Bonds. The Director of <br /> Finance may prepare such number of blank Bonds of any series executed and sealed as aforesaid as he <br /> shall determine and deliver such executed blank Bonds to the registrar for such series for safekeeping <br /> prior to the time such Bonds are actually issued, exchanged or transferred. The Director of Finance shall <br /> direct the registrar for the Bonds of a series to register and authenticate such Bonds and no such Bond <br /> shall be valid or obligatory for any purpose unless and until the certificate of authentication endorsed on <br /> such Bond shall have been manually executed by such registrar. <br /> The Bonds of a series shall be designated and the form of such Bonds, including the <br /> registrar's certificate of authentication and the assignment, shall be substantially in the form of general <br /> obligation bonds heretofore issued by the County with such insertions, variations and omissions as are <br /> required with respect to a particular series of the Bonds, book-entry provisions, variable rate provisions <br /> or other provisions as the Director of Finance may determine. <br /> SECTION 7. Sale of Bonds. Without any further authorization from or action by the <br /> Council but subject to the provisions hereof and of applicable law, the Director of Finance is hereby <br /> authorized to issue and sell the Bonds in their entirety at one time, or from time to time in two or more <br /> separate series, or as part of a series of other general obligation bonds of the County, at competitive sale <br /> or at negotiated sale to qualified purchasers in accordance with Section 47-8, Hawaii Revised Statutes, <br /> as amended, in each case at such price or prices and upon such terms and conditions as he shall approve <br /> and determine to be in the best interest of the County. Without limiting the generality of the foregoing, <br /> 3 <br /> <br />