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- 15- Underwriter the respective cenifim~ referred to in the Official Sta?_._mcm under tho caption 'Certificates Concerning Official Statement'. tl. (a) Tho for~ of tho ~--mw IDepodt Agreement, dated as of April 1, 1993 (the '~crow tD~osit Agreement'), by ~n~ ~ ~ Ci~ ~ ~m~ion T~r ~ pm~ons ~f, ~ ~y a~rov~ ~ ~d ~ by ~e C~ ~ ~ ~ Manag~ ~ he. by ~ ~ ~ m ~um ~d ~v~ m ~ ~w ~t ~ ~w ~sit ~m~t ~ m~a~ny su~ fora, t~r ~ tach Chan~ ~ ~ ~ ~rov~ by ~ ~ ~r u~ ~e ~ of ~m~ C~g~e Ci~ Amy ~d ~M Co~), tach ~ m ~ ~y ~ by ~ ex--on Co) Tho appoi~tme-t of Domlnlnn Tnmt Company, as l~row Agent m,d~ tho F~scrow Deposit Agreement, i~ hexoby approved, ratif~ anti confirmed by the Council. (c) The City Manager and tlm Director of Finance of tim City, or either of them, are hereby authorized to execute, on beh.~l_f of the C/q, sul~criptions for Uaited States Treasury Obligations - State and Ltx~ Government Ser~, if any, to be pumtmsed by the ~.scrow Agent from moneys deposited in tlao F. aemw Deposit Fund created ~ e~bl~hed tl~ P-.scrow Deposit Agreement. Suel~ United States Tmasm-y Obligations - State and Loca/ Government SelSes, if any, ~o lmrC~ shall be held by the .~.scrow Ag~t under ami in accordance with the provisions of tt~ E.mrow Deposit Agreemeat. The City M~-,§er ~ttd Director of Finance of the City, or ~ither of them, am bemby a~thorized to entex into such purchase agreemem, including forward supply agre~menm, if any, as ,h,n I~ ~luired ia connection with tbe purcba~ by the Esc~o,~ Agent, from moneys del~oa~ in tim 1993 Deposit Fund created and e,~ablished undex ~ Escrow Deposit Agreement, of GoYerament Secu~ (as de~n~ in tho E~'row Depo~ Agreement) other tb~n Unlt~l ~ro_._*_e-s Obli~fions - State and Local Gov~m*-~at ~. (d) The Council hereby designates the Regand~ 1980 Public Utit~B~ Bonds for ~p~on ~ luly 1, 1~3 ~ m w~ ~ pm~ns of ~ ~m~fi~ ~ a~o~ing ~ hs~,~-m of ~ 1980 ~b~c U~ ~ ~ ~ ~ ~cfi ~ ~y 27, 1980 a~ lu~ 17, 1980 ~ ~ ~ Ci~ ~ger ~ ~e D~r of Finance m ~ ~ such ~om ~ ~y sba0 d~ ~ ~ n~ or ~ m eff~ ~ ~fion of ~e ~ 1980 ~ ~ ~d~ on s~h ~, ~ ~ ~ent of a ~-~ ~ ~ Ag~ for ~ 1980 ~b~ U~ ~, (¢) The Coun~ t~mby de~ig~ate~ the Refunded 1997 Public Utility t~onds for redemption on November 1, 1997 in accorti~nee with the lxovi~on~ of tho afor~montioned ro~otutlons anthor~-g the i~m,.~-_e~) of the 1987 lPubl/o ~ Bov. d~ adop~d by tho Council on April 14, 1987 and June 23, 1987 and author~ the City Manager and the Dimcwr Of Flnane.