AgdaPkt 2003-07-28 - Laserfiche WebLink

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8A -Z5 September 1. , from any source of available funds, at the following redemption prices, expressed as a percentage of the principal amount to be redeemed, plus accrued interest thereon to the redemption date: Redemption Date Redemgf ton j'rice September 1, _ and March 1, _ 102% September 1, _ and March 1, _ 101 September 1, _ and any Interest Payment Date thereafter 100 In the event the District elects to redeem 2003 Bonds as provided above, the District is required to give written notice to the Fiscal Agent of its election to so redeem, the redemption date, and the principal amount of the 2003 Bonds to be redeemed. The notice to the Fiscal Agent shall be given at least 60 but no more than 90 days prior to the redemption date, or such shorter period as is acceptable to the Fiscal Agent Mandatory Sinking Payment Redemption. The 2003 Bonds maturing on September 1, (the "Term 2003 Bonds ") shall be called before maturity and redeemed, from the Sinking Fund Payments that have been deposited into the Redemption Account, on September 1, , and on each September 1 thereafter prior to maturity, in accordance with the schedule of Sinking Fund Payments set forth below. The 2003 Bonds so called for redemption shall be selected by the Fiscal Agent by lot and shall be redeemed at a redemption price for each redeemed 2003 Bond equal to the principal amount thereof, plus accrued interest to the redemption date, without premium, as follows: 2003 Bonds Maturina September 1. Sinking Fund Redemption Date tSeptember 11 Sinkina Pavments In the event of a partial optional redemption of the Term 2003 Bonds maturing on September 1, , each of the remaining Sinking Fund Payments for such Term 2003 Bonds, as described above, will be reduced, as nearly as practicable, on a pro rata basis in amounts of $5,000 or integral multiples thereof, as determined by the Fiscal Agent, notice of which determination shall be given by the Fiscal Agent to the District. Mandatory Redemption From Special Tax Prepayments. The 2003 Bonds shall be subject to mandatory redemption, in whole, or in part on a pro rata basis among maturities and by lot within a maturity, on any Interest Payment Date on or after September 1, , from and to the extent of any prepayment of Special Taxes, at the following redemption prices, expressed as a percentage of the principal amount to be redeemed, plus accrued interest thereon to the redemption date: Redemption Date Redemption Price September 1, and March 1, _ September 1, and March 1, _ 102% September 1, _ and March 1, _ 101 September 1, _ and any Interest Payment Date thereafter 100 -9-