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<br /> transactions and other matters authorized by this ordinance. The <br /> appropriate officers of the City are authorized to execute on <br /> behalf of the City agreements concerning the deposit and invest- <br /> ment of funds in connection with the transactions contemplated by <br /> this ordinance. <br /> Section 8. No Indebtedness. No provision of this ordi- <br /> nance, the Lease, the Certificates, the Certificate Purchase <br /> Agreement, or the Preliminary Official Statement, shall be <br /> construed as creating or constituting a general obligation or <br /> other indebtedness of the City, nor a mandatory charge or <br /> requirement against the City in any ensuing budget year beyond the <br /> then current budget year. The City shall have no obligation to <br /> make any payment with respect to the Certificates except in <br /> connection with the payment of the Base Rentals (as defined in the <br /> - <br /> Lease) and certain other payments under the Lease, which payments <br /> may be terminated by the City in accordance with the provisions ?f <br /> the Lease. <br /> Section 9. Determination as to Base Rentals and Useful <br /> Life of Project. The Base Rentals (as defined in the Lease) shall <br /> be payable on June 1 and December 1, commencing on December 1, <br /> 1988, as follows: <br /> - 6 - <br />