Autthorizing the acquistion, construction, and installation of certain improvements and extensions to sewage works, the issuance and sale of additional revenue bonds

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depositories now being The Depository Trust Company of New York, New York, and Philadelphia Depository Trust Company of Philadelphia, Pennsylvania) and to one or more national information services that disseminate notices of redemption of obligations such as the 1998 Bonds (such as Financial Information, Inc.'s Financial Daily Called Bond Service, Kenny Information Service's Called Bond Service, Moody's Municipal and Government News Reports and Standard & Poor's Called Bond Record). (c) If so directed by the City, each such further notice shall be published one time in The Bond Buyer of New York, New York or, if the Registrar believes such publication is impractical or unlikely to reach a substantial number of the holders of the 1998 Bonds, in some other financial newspaper or journal which regularly carries notices of redemption of other obligations similar to the 1998 Bonds, such publication to be made at least sixty (60) days prior to the date fixed for redemption. Upon the payment of the redemption price of the 1998 Bonds (or portions thereof) being redeemed and if so directed by the City, each check or other transfer of funds issued for such purpose shall bear the CUSIP number identifying, by issue and maturity, the 1998 Bonds (or portions thereof) being redeemed with the proceeds of such check or other transfer. Section 5. Execution and Authentication of the 1998 Bonds. The 1998 Bonds shall be executed in the name of the City by the manual or facsimile signature of the Mayor of the City (the "Mayor"), countersigned by the manual or facsimile signature of the Controller and attested by the manual or facsimile signature of the Clerk of the City (the "Clerk"), who shall cause the seal of the City or a facsimile thereof to be affixed to each of the 1998 Bonds. The 1998 Bonds shall be authenticated by the manual signature of the Registrar, and no 1998 Bond shall be valid or become obligatory for any purpose until the certificate of authentication thereon has been so executed. In case any official whose signature appears on any 1998 Bond shall cease to be such official before the delivery of such 1998 Bond, the signature of such official shall nevertheless be valid and sufficient for all purposes, the same as if such official had been in office at the time of such delivery. Subject to the provisions of this Ordinance regarding the registration of the 1998 Bonds, the 1998 Bonds shall be fully negotiable instruments under the laws of the State of Indiana. ec ion 6. Securityand Sources of Payment for the 1998 Bonds. The 1998 Bonds, when fully paid for and delivered to the purchaser thereof as to both principal and interest, shall be -11- ODMA\PCDOCS\SBDOCS 1\14947\3