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R <br /> • used to redeem bonds in accordance with the mandatory redemption <br /> provisions applicable to unused proceeds of the Bonds. <br /> Section 24 . In the event the office of Mayor, City <br /> Clerk, City Treasurer, Commission, Manager of the System or City <br /> Council shall be abolished, or any two or more of such offices <br /> shall be merged or consolidated, or in the event the duties of a <br /> particular office shall be transferred to another office or <br /> officer, or in the event of a vacancy in any such office by reason <br /> of death, resignation, removal from office or otherwise, or in the <br /> event any such officer shall become incapable of performing the <br /> duties of his office by reason of sickness, absence from the City <br /> or otherwise, all powers conferred and all obligations and duties <br /> imposed upon such office or officer shall be performed by the <br /> office or officer succeeding to the principal functions thereof, or <br /> by the office or officer upon whom such powers, obligations and <br /> duties shall be imposed by law. <br /> Section 25. It is understood and agreed that the <br /> Commission, acting for and on behalf of the City, has custody of <br /> and control over the System, operates, maintains and repairs the <br /> System and collects and handles System revenues. Therefore, it is <br /> understood and agreed that even though there are some express <br /> references to the Commission, all references herein to the City <br /> shall, when appropriate in view of the authority and responsibility <br /> of the Commission, be construed to mean and include the Commission. <br /> • To this end, the Commission shall be obligated to perform all <br /> covenants and obligations with reference to the System and System <br /> revenues, set forth herein, the performance of which are within its <br /> authority and jurisdiction. It is understood and intended that the <br /> bondholders have relied on, and are beneficiaries of, such <br /> commitments of the Commission. <br /> Section 26. The Mayor is hereby directed to publish for <br /> one insertion in a newspaper which is published in the City and of <br /> general circulation therein, this Ordinance, to which shall be <br /> attached a Notice signed by him in substantially the following <br /> form: <br /> tc\my\eotci.mz —26— <br />