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<br /> <br /> <br /> <br /> <br /> shall be specified in the contract approved or the bid accepted for the purchase of the Bonds of such series if any <br /> <br /> contract therefor be approved or any bid therefor be accepted. In accordance with and subject to the provisions <br /> of this ordinance, the Director of Finance is hereby authorized to determine, with respect to the Bonds of a <br /> <br /> series, the aggregate principal amount of such series of Bonds; the series designation of such series of Bonds; the <br /> date of'such series of Bonds; the interest payment dates and maturity dates of such series of Bonds; the amount <br /> <br /> of principal of such series of Bonds maturing on each maturity date; the registration privileges and place or <br /> places at which such series of Bonds may be paid or registered which may include the office of the Director of <br /> Finance; whether or not such series of Bonds shall be subject to redemption prior to the stated maturity thereof' <br /> <br /> and, if subject to such prior redemption, the times, prices, methods and other provisions for such prior <br /> redemption; whether such series of Bonds shall bear interest at fixed rates or at a rate or rates which vary from <br /> <br /> time to time and the methodology for determining such variable rate or rates; the rights, if any. of the holders of <br /> such Bonds of a series to tender for purchase and the price or prices and time or times and terms and conditions <br /> <br /> upon which those rights may be exercised; the rights of the County to purchase the Bonds of a series and price or <br /> prices and the time or times and terms and conditions upon which those rights may be exercised and the <br /> purchase may be made; and all other details of such series of Bonds. <br /> <br /> <br /> SECTION 4. Redemption of Bonds. In the event any of the Bonds shall be subject to prior <br /> <br /> redemption and if any Bond (or portion thereof in installments which are integral multiples of the smallest <br /> denomination thereof) is to be redeemed, notice of redemption shall be given in such manner as the Director of <br /> <br /> Finance shall determine. If any Bond shall have been duly called for redemption and notice of such redemption <br /> duly given in the manner determined by the Director of Finance, and if moneys for the payment of such Bond at <br /> the then applicable redemption price and the interest accrued on the principal amount thereof to the date of <br /> <br /> redemption are made or duly provided for by the County, interest on such Bond shall cease to accrue and <br /> become payable from and after the date fixed for redemption. <br /> <br /> <br /> SECTION 5. Payment of Bonds. The principal of and interest and premium, if any, on the <br /> Bonds shall be payable in any coin or currency of the United States of America which at the time of payment is <br /> <br /> legal tender for public and private debts. <br /> <br /> <br /> SECTION 6. Execution and Form of Fully Registered Bonds. The Bonds of a series shall be <br /> lithographed, steel engraved, typewritten, printed or in other reproduced form as the Director of Finance may <br /> <br /> determine. The Bonds of a series shall bear the manual or facsimile signatures of the Director of Finance and of <br /> the Mayor of the County, and shall also bear [the ben I the seal of the County or a facsimile of such seal. The <br /> Director of Finance may provide for the Bonds of a series to be issued in and effect a book-entry system for such <br /> <br /> <br /> 3 <br />