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7. The bonds shall be executed on behalf-of the City by the signatures of its Mayor and Manager and be sealed with the seal of the City; provided, that one (or both) of the signatures and the seal of the City may be printed facsimiles (if the bonds are also signed manually by at least one such officer)i and provided further that the corporate seal may be omitted on the bonds as permitted by law~ The interest coupons pertaining thereto shall be executed by the printed, engraved or lithographed facsimile signatures of the Mayor and Manager. 8. The bonds when so prepared and executed shall be delivered by the Treasurer to the purchaser thereof upon receipt of the purchase price, and the purchaser shall not be obliged to see to the proper application thereof. 9. There has heretofore- been created a Debt Service Account in the "General Obligation Temporary Improvement Bonds of 1981 Fund" (the "1981 Debt Service Account"). The 1981 Debt Service Account was established for the purpose of paying the principal and interest on the Prior Bonds authorized in the resolution creating the 1981 Debt Service Account. Of the proceeds derived from the bonds herein authorized, $~ shall be credited to the 1981 Debt Service Account (wnlch-~um; together with sums already held in said Debt Service Account and interest to accrue on the sums held in the Debt Service Account through October 1, 1983, is sufficient to pay all principal and interest to become due on the Prior Bonds on October 1, 1983). Any surplus in the 1981 Debt Service Account in excess of such requirements is hereby pledged and shall be credited to the Debt Service Account hereinafter established; and, upon determination of such surplus all uncollected special assessments and taxes payable to the 1981 Debt Service Account are hereby pledged and shall thereafter also be credited to the Debt Service Account hereinafter established for the bonds herein authorized. 10. There is hereby created a special fund to be designated "General Obligation Improvement Bonds, Series 11 Fund" to be held and administered by the City Treasurer separate and apart from all other accounts of the City. The Fund shall be maintained in the manner herein specified until all of the bonds herein authorized and the interest thereon have been fully paid. There shall be maintained in the Fund two separate accounts, to be designated the "Construction Accountll and the IIDebt Service Account", respectively. The proceeds of the sale of the bonds herein authorized, less the $~ g~ credited to the 1981 Debt Service Account, the a ~ 1 erest received on the bonds, any amount paid for the