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<br /> Statement as prescribed therein, dated as of the date of payment for
<br /> and delivery of the Certificates.
<br /> Section 36. SATISFACTION OF OBLIGATION. If the City shall pay
<br /> or cause to be paid, or there shall otherwise be paid to the Holders,
<br /> the principal of, premium, if any, and interest on the Certificates,
<br /> at the times and in the manner stipulated in this Ordinance, then the
<br /> pledge of the funds pledged under this Ordinance and all covenants,
<br /> agreements, and other obligations of the City to the Holders shall
<br /> thereupon cease, terminate, and become void and be discharged and
<br /> satisfied, and the Paying Agent/Registrar shall pay over or deliver
<br /> all money held by it under this Ordinance to the City.
<br /> Certificates or principal amount thereof and interest
<br /> installments for which money shall have been set aside in full payment
<br /> to maturity or the redemption thereof and held in trust by the Paying
<br /> Agent/Registrar (through deposit by the City of funds for such payment
<br /> or redemption or otherwise) shall be deemed to have been paid within
<br /> the meaning and with the effect expressed above in this Section. All
<br /> Outstanding Certificates shall be deemed to have been paid prior to
<br /> their Stated Maturity, within the meaning and with the effect
<br /> expressed above in this Section, if there shall have been deposited
<br /> with the Paying Agent/Registrar either money in an amount which shall
<br /> be sufficient, or Government Securities the principal of and the
<br /> interest on which when due will provide money which together with the
<br /> money, if any, deposited with the Paying Agent/Registrar at the same
<br /> time shall be sufficient, to pay when due the principal of and interest
<br /> to become due on such Certificates on and prior to the Stated Maturity
<br /> or (if notice of redemption has been duly given or waived or if
<br /> irrevocable arrangements therefor acceptable to the Paying
<br /> Agent/Registrar have been made) the redemption date thereof. Neither
<br /> Government Securities nor money deposited with the Paying
<br /> Agent/Registrar pursuant to this Section, nor principal or interest
<br /> payments on any such Government Securities, shall be withdrawn or used
<br /> for any purpose other than, and shall be held in trust for, the payment
<br /> of the principal of, premium, if any, and interest on such
<br /> Certificates. Any cash received from such principal of and interest
<br /> on such Government Securities deposited with the Paying
<br /> Agent/Registrar, if not needed for such purpose, shall, to the extent
<br /> practicable, be reinvested in Government Securities (which may be non-
<br /> interest bearing) maturing at times and in amounts sufficient to pay
<br /> when due the principal of, premium, if any, and interest on such
<br /> Certificates on and prior to the Stated Maturity thereof, and interest
<br /> earned from such reinvestments shall be paid over to the Ci ty as
<br /> received by the Paying Agent/Registrar, free and clear of any trust,
<br /> lien, or pledge. Any payment for Government Securities purchased for
<br /> the purposes of reinvesting cash as aforesaid shall be made only
<br /> against delivery of such Government Securities.
<br /> At such time as all of the Certificates are retired, or provision
<br /> is made for their payment, money in the Interest and Sinking Fund, if
<br /> any, shall be transferred to the maintenance fund of the City, unless
<br /> then required by law to be transferred to some other fund or used for
<br /> some other purpose, provided that any money held by the Paying
<br /> Agent/Registrar which has been provided for the payment of interest or
<br /> principal and not so utilized for any reason shall continue to be held
<br /> by the Paying Agent/Registrar for a period of three calendar years,
<br /> and if not claimed, the same shall be returned to the City.
<br /> Section 37. PRINTED OPINION. The Purchaser's obligation to
<br /> accept delivery of the Certificates is subject to its being furnished
<br /> a final opinion of Rick P. Fisher, Attorney at Law, approving such
<br /> Certificates as to their validity, said opinion to be dated and
<br /> delivered as of the date of delivery and payment for such
<br /> Certificates. Printing of a true and correct copy of said opinion on
<br /> the reverse side of each of said Certificates is hereby approved and
<br /> authorized.
<br /> Section 38. CUSIP NUMBERS. CUSIP numbers may be printed on the
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