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Section 7 hereof) of the particular amount of such maturity to be prepaid. DTC will determine by <br /> lot the amount of each participant's interest in such maturity to be redeemed and each participant <br /> will then select by lot the beneficial ownership interests in such maturity to be redeemed. <br /> Prepayments will be at a price of par plus accrued interest. <br /> 2.06. Term Bond; Mandatory Redemption. The Bonds maturing on August 1, 2034, <br /> August 1, 2037 and August 1, 2041, shall hereinafter be referred to collectively as the "Term <br /> Bonds." The principal amounts of the Term Bonds subject to mandatory sinking fund <br /> redemption on any date may be reduced through earlier optional redemptions, with any partial <br /> redemption of the Term Bonds credited against future mandatory sinking fund redemptions of <br /> such Term Bond in such order as the City shall determine. The Term Bonds are subject to <br /> mandatory sinking fund redemption and shall be redeemed in part by lot at par plus accrued <br /> interest on the sinking fund installment dates and in the principal amounts as follows: <br /> Sinking Fund Installment Date Principal Amount <br /> August 1, 2034 Term Bonds <br /> 2032 $85,000 <br /> 3033 85,000 <br /> 2034 (maturity) 90,000 <br /> Sinking Fund Installment Date Principal Amount <br /> August 1, 2037 Term Bonds <br /> 2035 $90,000 <br /> 2036 90,000 <br /> 2037 (maturity) 95,000 <br /> Sinking Fund Installment Date Principal Amount <br /> August 1, 2041 Term Bonds <br /> 2038 $95,000 <br /> 2039 100,000 <br /> 2040 100,000 <br /> 2041 (maturity) 100,000 <br /> Section 3. Form; Registration. <br /> 3.01. Registered Form. The Bonds will be issued only in fully registered form. The <br /> interest thereon and, upon surrender of each Bond, the principal amount thereof is payable by <br /> check or draft issued by the Registrar described herein. <br /> 3.02. Dates; Interest Payment Dates. Each Bond will be dated as of the last interest <br /> payment date preceding the date of authentication to which interest on the Bond has been paid or <br /> made available for payment, unless (i) the date of authentication is an interest payment date to <br /> EL185-69-713323 v2 4 <br />