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<br />(iv) satlsfies any other reasonable requirements lmposed by the Clty and the Paymg
<br />Agent/Reglstrar
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<br />(c) If, after the delIvery of such replacement Bond, a bona fide purchaser of the onginaI Bond III
<br />lIeu ofwrnch such replacement Bond was ISSUed presents for payment such ongmal Bond, the CIty and the PaYlllg
<br />Agent/RegIstrar shall be entitled to recover such replacement Bond from the person to whom lt was dehvered or
<br />any person takmg therefrom, except a bona fide purchaser, and shall be entltled to recover upon the secunty or
<br />mdernruty provlded therefor to the extent of any loss, damage, cost or expense incurred by the Clty or the P aymg
<br />Agent/RegIstrar m connectlOn therewlth.
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<br />(d) In the event that any such mutllated, lost, apparently destroyed or wrongfully taken Bond has
<br />become or lS about to become due and payable, the Paymg Agent/Reglstrar, m ltS dlscretion, mstead of lssmng
<br />a replacement Bond, may pay such Bond,
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<br />(e) Each replacement Bond dehvered in accordance wlth this SectlOn shall constitute an ongmal
<br />contractual obligatlon of the Clty and shall be entltled to the benefits and securlty of thlS Ordmance to the same
<br />extent as the Bond or Bonds m heu of whlch such replacement Bond IS dehvered.
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<br />SectlOn 3 10 Book-Entry Only System.
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<br />(a) The defimtive Bonds shall be mitlally lssued m the form of a separate smgle fully reglstered
<br />Bond for each of the maturltles thereof. Upon mltiallssuance, the ownershlP of each such Bond shall be
<br />regIstered m the name of Cede & Co , as nommee of DTC, and except as provlded m SectlOn 3 II hereof, all of
<br />the outstandmg Bonds shall be reglstered m the name of Cede & Co., as nommee of DTC
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<br />(b) With respect to Bonds regIstered m the name of Cede & Co , as nommee of DTC, the City and
<br />the Paymg Agent/Reglstrar shall have no responsibility or obligatlOn to any DTC Partlclpant or to any person
<br />on behalf of whom such a DTC Particlpant holds an lllterest m the Bonds, except as provlded m thlS Order
<br />Without hmltlllg the lrnmedlately precedmg sentence, the City and the Paying Agent/Reglstrar shall have no
<br />responslblhty or obhgatlOn wlth respect to (i) the accuracy of the records of DTC, Cede & Co or any DTC
<br />PartIcipant wlth respect to any ownershlP mterest m the Bonds, (11) the dehvery to any DTC PartlcIpant or any
<br />other person, other than an Owner, as shown on the Reglster, of any notlce WIth respect to the Bonds, mcludmg
<br />any notIce of redemptlOn, or (ili) the payment to any DTC Partlclpant or any other person, other than an Owner,
<br />as shown m the Reglster of any amount With respect to pnnclpal of, premlUm, lf any, or mterest on the Bonds
<br />NotWIthstanding any other provlslon of thlS Order to the contrary, the Clty and the Paymg Agent/Reglstrar shall
<br />be entItled to treat and consIder the person m whose name each Bond IS regIstered m the RegIster as the absolute
<br />Owner of such Bond for the purpose of payment of pnnclpaI of, premlum, If any, and mtercst on the Bonds, for
<br />the purpose of glvmg notIces of redemptIon and other matters Wlth respect to such Bond, for the purpose of
<br />regIstenng transfer WIth respect to such Bond, and for all other purposes whatsoever The Paymg
<br />Agent/RegIstrar shall pay all pnnclpal of, premmm, lf any, and mterest on the Bonds only to or upon the order
<br />of the respectlve Owners, as shown m the Reglster as proVIded in thIS Order, or thelr respectlve attorneys duly
<br />authonzed III wntmg, and all such payments shall be valId and effectIve to fully satISfy and discharge the CIty'S
<br />obligatlons WIth respect to payment of, prenuum, lf any, and mterest on the Bonds to the extent of the sum or
<br />sums so pald. No person other than an Owner, as shown in the reglster, shall receive a Bond certlficale
<br />eVldencmg the obhgatlOn of the Clty to make payments of amounts due pursuant to thlS Order Upon delIvery
<br />by DTC to the Paymg Agent/RegIstrar ofwrltten notIce to the effect that DTC has determmed to SubstItute a new
<br />nomlllee m place of Cede & Co, and subject to the prOV1SlOns 10 thlS Order WIth respect to mterest checks or
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