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<br />Section 10.03. Remedies Not Exclusive. <br /> <br />(a) No remedy herein conferred or reserved is intended to be exclusive of <br />any other available remedy or remedies, but each and every such remedy shall be <br />cumulative and shall be in addition to every other remedy given hereunder or under <br />the Bonds or now or hereafter existing at law or in equity; provided, however, that <br />notwithstanding any other provision of this Ordinance, the right to accelerate the <br />debt evidenced by the Bonds shall not be available as a remedy under this Ordinance. <br /> <br />(b) The exercise of any remedy herein conferred or reserved shall not be <br />deemed a waiver of any other available remedy. <br /> <br />ARTICLE XI <br />DISCHARGE <br /> <br />Section 11.01. Discharge by Payment. <br /> <br />When all Bonds have been paid in full as to principal and as to interest and <br />premium, if any, or when all Bonds have become due and payable, whether at <br />maturity or otherwise, and the City shall have provided for the payment of the <br />whole amount due or to become due on all Bonds then outstanding, including all <br />interest that has accrued thereon or that may accrue to the date of maturity, and <br />any premium due or that may become due at maturity, by depositing with the Paying <br />Agent/Registrar, for payment of the principal of such outstanding Bonds and the <br />interest accrued thereon and any premium due thereon, the entire amount due or to <br />become due thereon, and the City shall also have paid or caused to be paid all sums <br />payable under this Ordinance by the City, including the compensation due or to <br />become due the Paying Agent/Registrar, then the Paying Agent/Registrar, upon <br />receipt of a letter of instructions from the City requesting the same, shall discharge <br />and release the lien of this Ordinance and execute and deliver to the City such <br />releases or other instruments as shall be requisite to release the lien hereof. <br /> <br />Section 11.02. Discharge by Deposit. <br /> <br />(a) The City may discharge its obligation to pay the principal of, <br />premium, if any, and interest on all or any portion of the Bonds and its obligation to <br />pay other sums payable or to become payable under this Ordinance by the City, <br />including the compensation due or to become due the Paying Agent/Registrar, by: <br /> <br />(i) depositing or causing to be deposited with the Paying <br />Agent/Registrar an amount of money that, together with the interest earned <br />on or capital gains or profits to be realized from the investment of such <br />money, will be sufficient to pay the principal of, premium, if any, and <br />accrued interest on such Bonds to maturity or to the date fixed for prior <br />redemption of such Bonds, and to pay such other amounts as may be <br />reasonably estimated by the Paying Agent/Registrar to become payable under <br />this Ordinance, including the compensation due or to become due the Paying <br />Agent/Registrar; and <br /> <br />2383f <br /> <br />-24- <br />