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determine. The Bonds of a series shall bear the manual or facsimile signatures of the Director of Finance and <br />of the Mayor of the County, and shall also bear the seal of the County or a facsimile of such seal. The Director <br />of Finance may provide for the Bonds of a series to be issued in and effect a book-entry system for such <br />Bonds. The Director of Finance may prepare such number of blank Bonds of any series executed and sealed as <br />aforesaid as he shall determine and deliver such executed blank Bonds to the registrar for such series for <br />safekeeping prior to the time such Bonds are actually issued, exchanged or transferred. The Director of Finance <br />shall 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 such <br />Bond shall have been manually executed by such registrar; provided that a certificate of authentication shall <br />not be required for any Bond if the Director of Finance is the registrar and if such Director has manually <br />signed the Bond in question. <br />The Bonds of a series shall be designated and the form of such Bonds, including the registrar's <br />certificate of authentication (if required) 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 required <br />with respect to a particular series of the Bonds, book-entry provisions, variable rate provisions or other <br />provisions as the Director of Finance may determine. <br />SECTtON 7. Sale of Bonds. Without any further authorization from or action by the County <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 separate <br />series, or as part of a series of other general obligation bonds of the County, at competitive sale or at negotiated <br />sale or placement to qualified purchasers in accordance with Section 47-8, Hawai`i Revised Statutes, as <br />amended, in each case at such price or prices and upon such terms and conditions as he shal( approve and <br />determine to be in the best interest of the County. Without limiting the generality of the foregoing, with respect <br />to the sale of the Bonds or of portions of the Bonds, the Director of Finance is hereby authorized to retain bond <br />counsel, paying agents, registrars and financial and accounting consultants, upon such terms and conditions as <br />he shall deem advisable, to select the date for such sale, to publish and distribute a Notice of Sale or to enter <br />into a negotiated contract for the sale of the Bonds or portions thereof, in each case in such form and containing <br />such terms and conditions as he shall approve and deem advisable, to distribute an Official Statement (or other <br />offering document, as applicable) and such other information relating to the County and the Bonds as he may <br />deem advisable, to receive bids for the sale of the Bonds or the portion thereof being offered and to award the <br />sale of the Bonds or the portion thereof being offered to the bidder offering the lowest interest cost therefor, in <br />