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Section 4. 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 authorised 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 S. Delivery of Bonds. Upon the adoption of <br /> this Ordinance, the City shall execute the Bonds and deliver thew <br /> to the Bond Registrar, and the Bond Registrar shall authenticate <br /> the Bonds and deliver thee to the Underwriter, as directed by the <br /> City. <br /> Section 6. Registration and Transfer of Bondsi 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 City and the Bond Registrar, duly executed by the owner of the <br /> Bonds to be transferred or his attorney-in-fact or legal <br /> representative, containing written instructions as to the details <br /> of the transfer of such Bonds, along with the social security <br /> number or federal employer identification number of such <br /> transferee. No transfer of any Bond shall be effective until <br /> entered on the registration books. <br /> In all cases of the transfer of a Bond, the Bond <br /> Registrar shall enter the transfer of ownership in the <br /> registration books and shall authenticate and deliver in the name <br /> of the transferee or transferees a new fully registered Bond in <br /> - 33 - <br />