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delivered, a new bond of the same principal amount, maturity, and interest rate, as the damaged, <br />mutilated, lost, stolen, or destroyed Bond, in replacement for such Bond in the manner <br />hereinafter provided. <br />(b) AMIlication for Relacement Bonds. Application for replacement of damaged, <br />mutilated, lost, stolen, or destroyed Bonds shall be made by the registered owner thereof to the <br />Paying Agent/Registrar. In every case of loss, theft, or destruction of a Bond, the registered <br />owner applying for a replacement bond shall furnish to the City and to the Paying <br />Agent/Registrar such security or indemnity as may be required by them to save each of them <br />harmless from any loss or damage with respect thereto. Also, in every case of loss, theft, or <br />destruction of a Bond, the registered owner shall furnish to the City and to the Paying <br />Agent/Registrar evidence to their satisfaction of the loss, theft, or destruction of such Bond. In <br />every case of damage or mutilation of a Bond, the registered owner shall surrender to the Paying <br />Agent/Registrar for cancellation the Bond so damaged or mutilated. <br />(c) No Default Occurred. Notwithstanding the foregoing provisions of this Section, <br />in the event any such Bond shall have matured, and no default has occurred which is then <br />continuing in the payment of the principal of or interest on the Bond, the City may authorize the <br />payment of the same (without surrender thereof except in the case of a damaged or mutilated <br />Bond) instead of issuing a replacement Bond, provided security or indemnity is furnished as <br />above provided in this Section. <br />(d) Char�q for Issuing+ Replacement Bonds. Prior to the issuance of any replacement <br />bond, the Paying Agent/Registrar shall charge the registered owner of such Bond with all legal, <br />printing, and other expenses in connection therewith. Every replacement bond issued pursuant to <br />the provisions of this Section by virtue of the fact that any Bond is lost, stolen, or destroyed shall <br />constitute a contractual obligation of the City whether or not the lost, stolen, or destroyed Bond <br />shall be found at any time, or be enforceable by anyone, and shall be entitled to all the benefits of <br />this Ordinance equally and proportionately with any and all other Bonds duly issued under this <br />Ordinance. <br />(e) Authority for Issuing'&. Replacement Bonds. In accordance with Subchapter B, <br />Chapter 1206, Texas Government Code, this Section shall constitute authority for the issuance of <br />any such replacement bond without necessity of further action by the governing body of the City <br />or any other body or person, and the duty of the replacement of such bonds is hereby authorized <br />and imposed upon the Paying Agent/Registrar, and the Paying Agent/Registrar shall authenticate <br />and deliver such Bonds in the form and manner and with the effect, as provided in this Ordinance <br />for Bonds issued in conversion and exchange for other Bonds. <br />Section 9. CUSTODY, APPROVAL, AND REGISTRATION OF BONDS; BOND <br />COUNSEL'S OPINION; CUSIP NUMBERS; CONTINGENT INSURANCE PROVISION, IF <br />OBTAINED; ENGAGEMENT OF BOND COUNSEL; ATTORNEY GENERAL FILING FEE; <br />APPROPRIATION. <br />(a) The Mayor and Mayor Pro Tem of the City are each hereby authorized to have <br />control of the Bonds initially issued and delivered hereunder and all necessary records and <br />proceedings pertaining to the Bonds pending their delivery and their investigation, examination <br />and approval by the Attorney General and their registration by the Comptroller. Upon <br />registration of the Bonds the Comptroller (or a deputy designated in writing to act for the <br />