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<br /> Section 7 . Authentication. No Bond shall be valid or <br />obligatory for any purpose or be entitled to any security or <br />benefit under this Ordinance unless and until a certificate of <br />authentication on such Bond substantially in the form hereinabove <br />set forth shall have been duly executed by the Bond Registrar, and <br />such executed certificate of the Bond Registrar upon any such Bond <br />shall be conclusive evidence that such Bond has been authenticated <br />and delivered under this Ordinance. The Bond Registrar's <br />certificate of authentication on any Bond shall be deemed to have <br />been executed by it if signed by an authorized officer or <br />signatory of the Bond Registrar, but it shall not be necessary <br />that the same officer or signatory sign the certificate of <br />authentication on all of the Bonds issued hereunder. <br /> Section 8 . Delivery of Bonds. Upon the adoption of <br />this Ordinance, the City shall execute the Bonds and deliver them <br />to the Bond Registrar, and the Bond Registrar shall authenticate <br />the Bonds and deliver them to the Underwriter, as directed by the, <br />City, and in accordance with the Bond Purchase Agreement. <br /> Section 9. Registration and Transfer of Bonds; Persons <br />Treated as Owners. The Bond Registrar shall maintain the books of <br />the City for the registration of ownership of each Bond as <br />provided in this Ordinance. Bonds may be transferred upon the <br />registration books upon delivery of the Bonds to the Bond <br />Registrar, accompanied by a written instrument or instruments of <br />transfer in form and with guaranty of signature satisfactory to <br />the Bond Registrar, duly executed by the Owner of the Bonds to be <br />transferred or his attorney-in-fact or legal representative, <br />containing written instructions as to the details of the transfer <br />of such Bonds, along with the social security number or federal <br />employer identification number of such transferee. No transfer of <br />any Bond shall be effective until entered on the registration <br />books. <br /> In all cases of the transfer of a Bond, the Bond <br />Registrar shall enter the transfer of ownership in the regi- <br />stration books and shall authenticate and deliver in the name of <br />the transferee or transferees a new fully registered Bond or Bonds <br /> - 22 - <br />