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principal repayment schedule, and corresponding additions may be made to the provisions of the <br />applicable Bond(s). <br />2.05. (1ptional Redemption. The City may elect on February 1, 2031, and on any day <br />thereafter to prepay Bonds maturing on or after February 1, 2032. Redemption may be in whole or <br />in part and if in part, at the option of the City and in such manner as the City will determine. If less <br />than all Bonds of a maturity are called for redemption, the City will notify DTC (as defined in Section <br />7 hereof) of the particular amount of such maturity to be prepaid. DTC will determine by lot the <br />amount of each participant's interest in such maturity to be redeemed and each participant will then <br />select by lot the beneficial ownership interests in such maturity to be redeemed. Prepayments will be <br />at a price of par plus accrued interest. <br />2.06. Term Bonds: Mandatory Redemption. The Bonds maturing in 2033, 2035, 2037, <br />2039 and 2041 shall hereinafter be referred to collectively as the "Term Bonds." The principal <br />amounts of the Term Bonds subject to mandatory sinking fund redemption on any date may be <br />reduced through earlier optional redemptions, with any partial redemptions of the Term Bonds <br />credited against future mandatory sinking fund redemptions of such Term Bonds in such order as the <br />City shall determine. The Term Bonds are subject to mandatory sinking fund redemption and shall <br />be redeemed in part by lot at par plus accrued interest on the sinking fund installment dates and in the <br />principal amounts as follows: <br />Sinkin, Fund Installation Date Principal Amount <br />February 1, 2033 Term Bonds <br />2032 $190,000 <br />2033 (maturity) 190,000 <br />Sinking Fund Installation Date Principal Amount <br />February 1, 2035 Term Bonds <br />2034 $195,000 <br />2035 (maturity) 200,000 <br />Sinkin , Fund Installation Date Principal Amount <br />Februzu-v 1, 2037 Term Bonds <br />2036 $200,000 <br />2037 (maturity) 205,000 <br />Sinkinu, Fund Installation Date Principal Amount <br />Februar-� 1. 2039 Term Bonds <br />2038 $210,000 <br />2039 (maturity) 215,000 <br />EL185-65-708496.v2 <br />