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<br />(b) If the Paying Agent/Registrar resigns or otherwise ceases to serve as <br />such, the City will promptly appoint a replacement. <br /> <br />(c) The execution and delivery of a Paying Agent/Registrar Agreement, <br />in form and content as set forth in Exhibit "A" attached hereto, specifying the <br />duties and responsibilities of the City and the Paying Agent/ Registrar, is hereby <br />approved with such changes as may be approved by the Mayor of the City, and the <br />Mayor of said City is hereby authorized to execute such agreement. <br /> <br />Section 5.04. Termination. <br /> <br />The City reserves the right to terminate the appointment of any Paying <br />Agent/Registrar by delivering to the entity whose appointment is to be terminated a <br />certified copy of a resolution of the City (i) giving notice of the termination of the <br />appointment and of the Paying Agent/Registrar Agreement, stating the effective <br />date of such termination, and (ii) appointing a successor Paying Agent/Registrar. <br /> <br />Section 5.05. Notice of Change to Holders. <br /> <br />Promptly upon each change in the entity serving as Paying Agent/Registrar, <br />the City will cause notice of the change to be sent to each Holder by first class <br />United States mail, postage prepaid, at the address in the Register, stating the <br />effective date of the change and the name and mailing address of the replacement <br />Paying Agent/Registrar. <br /> <br />Section 5.06. Agreement to Perform Duties and Functions. <br /> <br />By accepting the appointment as Paying Agent/Registrar, the Paying <br />Agent/Registrar is deemed to have agreed to the provisions of this Ordinance and <br />that it will perform the duties and functions of Paying Agent/Registrar prescribed <br />hereby. <br /> <br />Section 5.07. Delivery of Records to Successor. <br /> <br />If a Paying Agent/Registrar is replaced, such Paying Agent/Registrar, <br />promptly upon the appointment of the successor, will deliver the Register (or a copy <br />thereon and all other pertinent books and records relating to the Bonds to the <br />successor Paying Agent/Registrar. <br /> <br />ARTICLE VI <br />FORM OF THE BONDS <br /> <br />Section 6.01. Form Generally. <br /> <br />(a) The Bonds, the Registration Certificate of the Comptroller of Public <br />Accounts of the State of Texas, the Certificate of the Paying Agent/Registrar, and <br />the Assignment form to appear on each of the Bonds, (i) shall be substantially in the <br /> <br />2387f <br /> <br />-13- <br />