The principal and interest of bonds, except as otherwise provided in the particular ordinance for the issuance and sale thereof shall be payable at the Morgan Guaranty Trust Company of New York, at the Chase Manhattan Bank, N.A. of New York, or at AmeriTrust Company, Cleveland, Ohio, at the option of the holder. Interest coupons having engraved or printed thereon a facsimile signature of the fiscal officer of the City shall be attached to all such bonds. Except as otherwise provided in the particular ordinance for the issuance and sale thereof, the interest on bonds issued after January 1, 1956, including bonds authorized and sold but not delivered, shall be payable semi-annually on June 1 and December 1 of each year until the principal sum is paid commencing in the fiscal year in which the first of such bonds mature, and the interest on notes shall be payable at maturity at the office of the Treasurer.
(Ord. No. 1748-80. Passed 10-8-80, eff. 10-8-80)