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<br />pr <br /> <br />iI~ <br /> <br />. <br /> <br />4. Form of Bonds. The Bonds shall be in substantially the forms attached to this <br /> <br />Ordinance as Exhibits A, Band C, with such appropriate variations, omissions and insertions as <br /> <br />are permitted or required by this Ordinance. There may be endorsed on the Bonds such legend <br /> <br />or text as may be necessary or appropriate to conform to any applicable rules and regulations of <br /> <br />any governmental authority or any usage or requirement of law with respect thereto. <br /> <br />5. Book-Entry-Onlv Form. The Bonds shall be issued in book-entry-only form. The <br /> <br /> <br />Bonds shall be issued in fully-registered form and registered in the name of Cede & Co., as <br /> <br /> <br />nominee of The Depository Trust Company, New York, New York ("DTC") as registered owner <br /> <br /> <br />of the Bonds, and immobilized in the custody of DTC. One fully-registered Bond in typewritten <br /> <br /> <br />or printed form for the principal amount of each maturity of the Bonds shall be registered to <br /> <br /> <br />Cede & Co. Beneficial owners of the Bonds shall not receive physical delivery of the Bonds. <br /> <br /> <br />. Principal, premium, if any, and interest payments on the Bonds shall be made to DTC or its <br /> <br /> <br />nominee as registered owner of the Bonds on the applicable payment date. <br /> <br />Transfer of ownership interest in the Bonds shall be made by DTC and its participants <br /> <br /> <br />(the "Participants"), acting as nominees of the beneficial owners of the Bonds in accordance with <br /> <br />rules specified by DTC and its Participants. The City shall notify DTC of any notice required to <br /> <br /> <br />be given pursuant to this Ordinance or the Bonds not less than fifteen (15) calendar days prior to <br /> <br /> <br />the date upon which such notice is required to be given. The City shall also comply with the <br /> <br /> <br />agreements set forth in the City's Letter of Representations to DTC. <br /> <br /> <br />Replacement Bonds (the "Replacement Bonds") shall be issued directly to beneficial <br /> <br />owners of the Bonds rather than to DTC or its nominee but only in the event that: <br /> <br />. <br /> <br />