The bond ordinance shall authorize the execution of the bonds therein authorized on behalf of the city by signatures of the mayor and the city comptroller or by their respective proxies; shall determine whether such bonds to be issued shall be registered in the name of the owner as to principal only or whether the same shall be fully registered as to both principal and interest; shall indicate the place or places of payment of the principal and interest maturing on said bonds and shall set forth the form of bond.
The mayor and the city comptroller may each designate another to affix their respective signatures to any written instrument which is required to be signed by the mayor or the city comptroller. In such case, each shall send to the city council written notice of the person so designated by each, such notice stating the name of the person so selected and the particular instrument which such person shall have authority to sign as proxy for the mayor and the city comptroller, respectively. A written signature of the mayor or of the city comptroller, respectively, executed by the person so designated by each, with the signature of the person so designated underneath, shall be attached to each notice. Each notice, with the signatures attached, shall be recorded in the journal of the proceedings of the city council and then filed with the city clerk. When the signature of the mayor is placed on a written instrument at the direction of the mayor in the specified manner, the instrument, in all respects, shall be as binding on the city as if signed by the mayor in person. When the comptroller's signature is so affixed to a written instrument at the comptroller's direction, the instrument, in all respects, shall be as binding on the city as if signed by the comptroller in person.
(Prior code § 7-61)