08-ordinance authorizing the issuance and sale of the City's Combination Tax & Revenue Certificates of Obligation

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Section 4.02. Certificates. At any time that the Securities are not subject to a book-entry-only system of registration and transfer, the lssuer shall provide an adequate inventory of printed Securities ta facilitate transfers or exchanges thereof. The Bank covenants that the inventory of printed Securities will be kept in safekeeping pending their use, and reasonable care will be exercised by the Bank in maintaining such Securities in safekeeping, which shall be not less than the care maintained by the Bank for debt securities of other political subdivisions or corporations for which it serves as registrar, or that is maintained for its own securities. Section 4.03. Form of Security Register. The Bank, as Registrar, will maintain the Security Register relating to the registration, payment, transfer and exchange of the Securities in accordance with the Bank's general practices and procedures in effect from time to time. The Bank shall not be obligated ta maintain such Security Register in any form other than those that the Bank has currently available and currently utilizes at the time. The Security Register may be inaintained in written form or in any ather form capable of being converted into written form within a reasonable time. Section 4.04. List of Securitv Holders. The Bank will provide the Issuer at any time requested by the Issuer, upon payment of the required fee, a copy of the information contained in the Security Register. The Issuer may also inspect the information contained in the Security Register at any time the Bank is customarily open for business, provided that reasonable time is allowed the Bank to provide an up-to-date listing or ta convert the information into written form. The Bank will not release or disclose the contents of the Security Register to any person other than to, or at tbe written request of, an authorized officer or employee of the Issuer, except upon receipt of a caurt order or as otherwise required by law. Upon receipt of a court order and prior to the release or disclosure of the contents of the Security Register, the Bank will notify the Issuer so that the Issuei• may contest the court order or such release or disclosure of the contents of the Security Register. Section 4.05. Caacellation of Certificates. All certificates surrendered to the Bank, at the designated Payment/Transfer Office, for payment, redemption, transfer or replacement, shall be promptly canceled by the Bank. The Bank will provide to the Issuer, at reasonable intervals determined by it, a certificate evidencing the destruction of canceled certificates. ~ ~ ~l?~~~ f,