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March 15, 2004 ~ '' ~ . ~- ~' Page <br /> <br />398 <br /> <br />By: <br /> <br />Finance Offacer <br /> <br />Date of Authentication. <br /> <br /> ASSIGNMENT <br />FOR VALUE RECEIVED the undersigned registered owner thereof hereby sells, <br />assigns and transfers unto <br /> <br />the within bond and all rights thereunder and hereby irrevocably constatutes <br />and appoints <br /> <br />attorney to register the transfer of said bond on the books kept for <br />registration thereof, with full power of substitution in the premises <br />Dated- <br /> <br />Signature Guaranteed. <br /> <br />Assignor's Signature <br /> <br />NOTICE' The assignor's signature to this assignment must correspond with the <br />name of the registered owner as at appears upon the face of the within bond <br /> in every particular, wathout alteration or enlargement or any change <br /> whatever. <br /> [End of Bond Form] <br />Certificated Bonds lssuable hereunder shall be in substantially the form of <br />the Bonds registered an the name of the Securataes Deposatory Nomanee wath <br />such changes as are necessary to reflect the provasions of this resolution <br />that are applicable to Certificated Bonds. <br /> Section 7 The various maturities of the Bonds will be subject to <br />redemption praor to thear respective maturity as shall be designated by the <br />County Manager or Finance Officer at the time of sale of the Bonds. All or <br />any of the maturities of the Bonds, as so designated by the County Manager or <br />Flnance Offacer, may be nonredeemable prior to thear stated maturity If any <br />of the Bonds are to be redeemable before their stated maturity, the <br />provaslons set forth an the remainder of this Sectaon 7 shall apply; but such <br />provisions shall be inapplicable if none of the Bonds are subject to <br />redemption praor to their stated maturity. <br /> The Bonds maturing prior to February 1, 20__ will not be subject to <br />redemption prior to maturaty The Bonds maturing on February 1, 20 and <br />thereafter will be redeemable, at the option of the Issuer, from any moneys <br />that may be made available for such purpose, either in whole or in part on <br />any date not earlier than February 1, 20__, at the prlncapal amount of the <br />Bonds to be redeemed, to~ether wath interest accrued thereon to the date <br />fixed for redemptaon, plus a redemptaon premaum of 1/2 of 1% of the principal <br />amount of each Bond to be redeemed for each peraod of 12 months or part <br />thereof between the redemption date and the maturity date of such Bond, such <br />premium not to exceed 2% of such principal amount. <br /> If less than all of the Bonds of any one maturity shall be called for <br />redemption then subject to the sentence immedaately followang, the particular <br />Bonds or portions of Bonds of such maturity to be redeemed shall be selected <br />by lot in such manner as the Issuer in its discretion may determine; <br />provided, however, that the portaon of any Bond to be redeemed shall be in <br />the principal amount of $5,000 or some whole multiple thereof and that, in <br />selecting Bonds for redemption, each Bond shall be consadered as representing <br />that number of Bonds which is obtaaned by davadlng the principal amount of <br />such Bond by $5,000 So long as a book-entry system is used for determining <br />beneficial ownership of Bonds, af less than all of the Bonds of any one <br />maturity shall be called for redemption, the Securities Depository shall <br />determine by lot the amount of interest of each direct participant of the <br />Securities Depository in the Bonds within such maturity to be redeemed. If <br />less than all of the Bonds stated to mature on different dates shall be <br />called for redemption, the partacular Bonds or portions thereof to be <br />redeemed shall be called in such maturities and amounts of those maturities <br />as shall be determined by the Issuer. <br /> Not more than 60 days nor less than 30 days before the redemption date <br />of any Bonds to be redeemed, whether such redemption be in whole or in part, <br />the Issuer shall cause a notice of such redemptaon to be filed wath the Bond <br />Registrar and to be mailed, postage prepaad, to the regastered owner of each <br />Bond to be redeemed in whole or in part at the address of said owner <br />appearing upon the reglstrataon books of the Issuer; provided, however, so <br />long as a book-entry system is used for determining beneficial ownership of <br />Bonds, such notice shall be given to the Securities Depository Nominee by <br />certified or registered maal or by such other method as the Issuer may <br />determine to be necessary or advisable wath the concurrence of the Securities <br />Depository. Faalure to mail such notice or any defect therein as to any Bond <br />or portion thereof shall not affect the validity of the redemption as to any <br />Bond or portion thereof for which such notice was given as required hereby <br />Each such notice shall set forth the date designated for redemption, the <br /> <br /> <br />