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of Bonds of each maturity to be prepaid; and if only part of the Bonds having a common maturity <br />date are called for prepayment, the specific Bonds to be prepaid shall be chosen by lot by the <br />Bond Registrar. Bonds or portions thereof called for redemption shall be due and payable on the <br />redemption date, and interest thereon shall cease to accrue from and after the redemption date. <br />Published notice of redemption shall in each case be given if and to the extent required by <br />applicable law, and mailed notice of redemption shall be given to the paying agent and to each <br />affected registered owner of the Bonds. <br /> <br /> To effect a partial redemption of Bonds having a common maturity date, the Bond <br />Registrar, prior to giving notice of redemption, shall assign to each Bond of that maturity a <br />distinctive number for each $5,000 of the principal amount of such Bond. The Bond Registrar <br />shall then select by lot, using such method of selection as it shall deem proper in its discretion, <br />from the numbers so assigned to such Bonds, as many numbers as, at $5,000 for each number, <br />shall equal the principal amount of such Bonds to be redeemed. The Bonds to be redeemed shall <br />be the Bonds to which were assigned numbers so selected; provided, however, that only so much <br />of the principal amount of each such Bond of a denomination of more than $5,000 shall b~ <br />redeemed as shall equal $5,000 for each number assigned to it and so selected. Ifa Bond is to be <br />redeemed only in part, it shall be surrendered to the Bond Registrar (with, if the City or Bond <br />Registrar so requires, a written instrument of transfer in form satisfactory to the City or Bond <br />Registrar duly executed by the registered owner thereof or by the registered owner's attorney, <br />duly authorized in writing) and the City shall execute (if necessary) and the Bond Registrar shall <br />authenticate and deliver to the registered owner of such Bond, without service charge, a new <br />Bond or Bonds of the same series having the same stated maturity and interest rate and of any <br />authorized denomination or denominations, as requested by such registered owner, in aggregate <br />principal amount equal to and in exchange for the unredeemed portion of the principal of the <br />Bond so surrendered. <br /> <br /> 7. Bond Registrar. , in <br /> ., ., is appointed to act as bond registrar and <br />transfer agent with respect to the Bonds (the "Bond Registrar"), and shall do so unless and until a <br />successor Bond Registrar is duly appointed, all pursuant to any contract the City and Bond <br />Registrar shall execute which is consistent herewith. The Bond Registrar shall also serve as <br />paying agent unless and until a successor paying agent is duly appointed. The principal of and <br />interest on the Bonds shall be paid to the registered owners (or record.owne, rs) of the Bonds in <br />the manner set forth in the form of Bond and paragraph 13 of this Resolution. <br /> <br /> 8. Form of Bond. The Bonds, together with the Bond Registrar's Certificate <br />of Authentication, the form of Assignment and the registration information thereon, shall be in <br />substantially the following form: <br /> <br />998543.1 <br /> <br /> <br />