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redeemed as shall equal $5,000 for each number assigned to it and <br />so selected. If a Bond is to be redeemed only in part, it shall <br />be surrendered to the Bond Registrar (with, if the City or Bond <br />Registrar so requires, a written instrument of transfer in form <br />satisfactory to the City or Bond Registrar duly executed by the <br />registered owner thereof or by the registered owner's attorney, <br />duly authorized in writing) and the City shall execute (if <br />necessary) and the Bond Registrar shall authenticate and deliver <br />to the registered owner of such Bond, without service charge, a <br />new Bond or Bonds of the same series having the same stated <br />maturity and interest rate and of any authorized denomination or <br />denominations, as requested by such registered owner, in <br />aggregate principal amount equal to and in exchange for the <br />unredeemed portion of the principal of the Bond so surrendered. <br /> <br /> 7. Bond ReGistrar. U.S. Bank Trust National <br />Association , in St. Paul , Minnesota , is appointed to act as <br />bond registrar and transfer agent with respect to the Bonds (the <br />"Bond Registrar"), and shall do so unless and until a successor <br />Bond Registrar is duly appointed, all pursuant to any contract <br />the City and Bond Registrar shall execute which is consistent <br />herewith. The Bond Registrar shall also serve as paying agent <br />unless and until a successor paying agent is duly appointed. The <br />principal of and interest on the Bonds shall be paid to the <br />registered owners (or record owners) of the Bonds in the manner <br />set forth in the form of Bond and paragraph 13 of this <br />Resolution. <br /> <br /> 8. Form of Bond. The Bonds, together with the Bond <br />Registrar's Certificate of Authentication, the form of Assignment <br />and the registration information thereon, shall be in <br />substantially the following form: <br /> <br />10457S7.1 <br /> <br />8 <br /> <br /> <br />