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Registered Owner transferring or exchanging Bond shall designate,in accordance with the provisions <br /> of this Ordinance. <br /> (g) Payments to Cede&Co. Notwithstanding any other provision of this Ordinance to the <br /> contrary, so long as any Bond is registered in the name of Cede & Co., as nominee of DTC, all <br /> payments with respect to principal of,and interest on such Bond and all notices with respect to such <br /> Bond shall be made and given,respectively,in the manner provided in the Letter of Representations <br /> of the City to DTC. <br /> (h) DTC Blanket Letter of Representations. The City confirms execution of a Blanket <br /> Issuer Letter of Representations with DTC establishing the Book-Entry-Only System which will be <br /> utilized with respect to the Bonds. <br /> (i) Cancellation of Initial Bond. On the closing date, one Initial Bond representing the <br /> entire principal amount of the Bonds,payable in stated installments to the order of the Underwriter <br /> of the Bonds or its designee,executed by manual or facsimile signature of the Mayor or Mayor Pro- <br /> tem and City Clerk,approved by the Attorney General of Texas,and registered and manually signed <br /> by the Comptroller of Public Accounts of the State of Texas,will be delivered to such Underwriters <br /> or its designee. Upon payment for the Initial Bond, the Paying Agent/Registrar shall cancel the <br /> Initial Bond and deliver to DTC on behalf of such Underwriters one registered definitive Bond for <br /> each year of maturity of the Bonds, in the aggregate principal amount of all the Bonds for such <br /> maturity. <br /> Section 6. FORM OF BOND. The form of the Bond, including the form of Paying <br /> Agent/Registrar's Authentication Certificate,the form of Assignment,the form of initial Bond and <br /> the form of Registration Certificate of the Comptroller of Public Accounts of the State of Texas to be <br /> attached to the Bonds initially issued and delivered pursuant to this Ordinance,shall be,respectively, <br /> substantially as follows,with such appropriate variations,omissions,or insertions as are permitted or <br /> required by this Ordinance including any reproduction of an opinion of counsel and information <br /> regarding the issuance of any bond insurance policy. <br /> FORM OF BOND <br /> (All blanks and any appropriate or necessary insertions or deletions,to be completed as <br /> determined by the Pricing Officer in the Pricing Certificate.) <br /> NO. R- UNITED STATES OF AMERICA PRINCIPAL <br /> STATE OF TEXAS AMOUNT <br /> HAYS, CALDWELL AND GUADALUPE COUNTIES $ <br /> CITY OF SAN MARCOS, TEXAS <br /> GENERAL OBLIGATION BOND, <br /> SERIES <br /> 'To be completed as determined by the Pricing Officer in the Pricing Certificate. To the extent that the Pricing Certificate relating to the Bonds is <br /> inconsistent with any provisions in the Form of Bond or contains information to complete missing information in this Form of Bond,the language inthe <br /> 9 <br /> s¢nmarcos soni a.om'inaiQuo <br />