BIL 209 Draft 05 1996-1998 - Laserfiche WebLink

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interest accrued on the principal amount thereof to the date of redemption aze made or duly provided for by the County, interest on such Bond shall cease to accrue and become payable from and after the date fixed for redemption. SECTION 5. Payment of Bonds. The principal of and interest and premium, if any, on the Bonds shall be payable in any coin or currency of the United States of America which at the time of payment is legal tender for public and private debts. SECTION 6. Execution and Form of Fully Registered Bonds. The Bonds of a series shall be lithographed or steel engraved, typewritten, printed or otherwise reproduced as the Director of Finance shall determine. The Bonds of a series shall beaz the lithographed or engraved facsimile signatures of the Director of Finance and of the Mayor of the County and shall be sealed with the seal or a lithographed or engraved facsimile seal of the County; provided, however, the Director of Finance may, at his election, provide for printed or manual signatures and seal on the Bonds; and provided further, however, that the Duector of Finance may, at his election, effect abook-entry system for the Bonds of a series. The Director of Finance may, at his election, prepaze such number of blank Bonds of any series executed and sealed as aforesaid as he shall determine and deliver such executed blank Bonds to the registraz for such series for safekeeping prior to the time such Bonds are actually issued, exchanged or transferred. The Director of Finance shall direct the registraz for the bonds of a particulaz series to register and authenticate such Bonds and no such Bond shall be valid or obligatory for any purpose unless and until the certificate of authentication endorsed on such Bond shall have been manually executed by such registraz. The Bond shall be designated and the form of the Bonds, the registraz's certificate of authentication and the assignment shall be substantially as follows, with such appropriate insertions, 4