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table attached as Exhibit A. <br /> <br /> ~a~L~LD/~_~. APPOINTMENT OF PAYING AGENT. REGISTRAR AND <br />TRANSFER AGENT. The City Council hereby appoints Bank of <br />America National Trust and Savin~s Association as payinZ a~ent, <br />registrar and transfer a~ent for the bonds in accordance with an <br />aZreement between the City and Bank heretofore approved by the <br />City Council. <br /> <br /> ~g~ziD3~_~. FORM AND EXECUTIOn. Bonds shall be issued <br />as fully registered bonds substantially in the form set forth as <br />Exhibit B to this resolution. The bonds shall be si~ned by the <br />City Treasurer and the City Clerk and the seal of the City shall <br />be affixed. Both signatures and seal may be reproduced on the <br />bonds by facsimile, but upon its reSistration or rere~istration <br />each bond shall be authenticated by the manual signature of the <br />registrar. <br /> <br /> The payin~ a~ent shall assign to each bond <br />authenticated and reEistered by it a distinctive letter, or <br />number, or letter and number, and shall maintain a record <br />thereof which shall be available to the City for inspection. <br /> <br /> ~_~_O_~. ESTABLISHMENT OF SPECIAL FUNDS. For <br />administerin~ the proceeds of the sale of bonds and payment of <br />interest and principal on the bonds, there are hereby <br />established three funds to be known as the improvement fund, the <br />redemption fund and the special reserve fund, respectively, for <br />Valley Avenue Extension Assessment District No. 1988-1. <br /> <br /> Section S.1. IMPROVEMENT FUND. Except as provided in <br />Section S.~, proceeds of sale of the bonds, toEether with all <br /> <br /> <br />