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8.B. - Page 30 <br /> Except for a prepayment that occurred prior to the issuance of the Series 2001A Bonds, <br /> there have been no Special Tax Prepayments in the District; however, no assurance can be given <br /> that Special Tax Prepayments will not occur in the future. <br /> Mandatory Sinking Fund Redemption. The Bonds maturing on September 1, 20__ (the <br /> "Term Bonds") are subject to redemption prior to their stated maturity in part by lot, from <br /> deposits made to the Bond Fund for such purpose pursuant to the Fiscal Agent Agreement, at <br /> a redemption price equal to the principal amount thereof to be redeemed together with accrued <br /> interest thereon to the redemption date, without premium, in the aggregate respective principal <br /> amounts and on September 1 in each of the respective years as set forth in the following table. <br /> Term Bonds Maturing September 1, 20__ <br /> Sinking Fund <br /> Redemption Date Principal Amount <br /> (September 1) to be Redeemed <br /> If some but not all of the Term Bonds of a given maturity have been redeemed <br /> pursuant to the optional redemption or mandatory redemption from special tax prepayments <br /> provisions of the Fiscal Agent Agreement described above, the total amount of all future <br /> sinking fund payments relating to the Term Bonds shall be reduced by the aggregate principal <br /> amount of such Term Bonds so redeemed, to be allocated among such payments on a pro-rata <br /> basis in integral multiples of $5,000 as determined by the City (written notice of which <br /> determination shall be given by the City to the Fiscal Agent). <br /> Purchase of Bonds In Lieu of Redemption. In lieu of redemption as described above, <br /> moneys in the Bond Fund may be used and withdrawn by the Fiscal Agent for purchase of <br /> Outstanding Bonds, upon the filing with the Fiscal Agent of an Officer's Certificate requesting <br /> such purchase prior to the selection of Bonds for redemption, at public or private sale as and <br /> when, and at such prices (including brokerage and other charges) as such Officer's Certificate <br /> may provide, but in no event may Bonds be purchased at a price in excess of the principal <br /> amount thereof, plus interest accrued to the date of purchase, plus the related premium <br /> otherwise payable at such redemption. <br /> Notice of Redemption. The Fiscal Agent will cause notice of any redemption to be <br /> mailed by first class mail, postage prepaid, at least 30 days but not more than 60 days prior <br /> to the date fixed for redemption, to the Securities Depositories and to one or more Information <br /> Services, and to the respective registered Owners of any Bonds designated for redemption, at <br /> their addresses appearing on the Bond registration books in the Principal Office of the Fiscal <br /> Agent; but such mailing is not a condition precedent to redemption and failure to mail or to <br /> receive any such notice, or any defect therein, will not affect the validity of the proceedings for <br /> the redemption of such Bonds. The redemption notice will state the redemption date and the <br /> redemption price and, if less than all of the then Outstanding Bonds are to be called for <br /> redemption, will designate the CUSIP numbers and Bond numbers of the Bonds to be <br /> redeemed by giving the individual CUSIP number and Bond number of each Bond to be <br /> redeemed or will state that all Bonds between two stated Bond numbers, both inclusive, are to <br /> be redeemed or that all of the Bonds of one or more maturities have been called for <br /> redemption, will state as to any Bond called in part the principal amount thereof to be <br /> redeemed, and will require that such Bonds be then surrendered at the Principal Office of the <br /> -S- <br />