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�.�� _. ._ _ _ _ _ _ .,�_-_____ _ <br /> SCHEDULE C <br /> NOTICE OF DEFEASANCE <br /> Notice of Owners of Outstanding <br /> City of Redwood City Public Financing Authority 2003 Lease Revenue Bonds <br /> NOTICE IS HEREBY GIVEN that the City of Redwood City (the "City") and the <br /> City of Redwood City Public Financing Authority (the "Authority") have, on June [4], 2013, <br /> from a cash deposit irrevocably set aside in an Escrow Fund created for such purpose a.nd held by <br /> The Bank of New York Mellon Trust Company, N.A., as Escrow Agent (the "Escrow AgenY'), <br /> pursuant to Escrow Instructions, dated as of May l, 2013 (the "Escrow Instructions"), among the <br /> Authority, the City and the Escrow Agent,moneys which shall be sufficient(a)to pay on July 15, <br /> 2013 the principal amount due on the above referenced bonds identified on Schedule I hereto (the <br /> "Bonds") and(b)to pay interest accrued but unpaid on all such Bonds to July 15,2013. <br /> The moneys so deposited in the Escrow Fund (including the earnings derived <br /> from the investment thereo� are irrevocably pledged to the payment of principal price of and <br /> interest on the Bonds. Said moneys have been invested in obligations far the payment of which <br /> the full faith and credit of the United States of America is pledged and which bear interest and <br /> mature on such dates as to insure the payment of all principal, premium, as applicable, and <br /> interest on the Bonds. <br /> Dated: May 30, 2013 <br /> THE BANK OF NEW YORK MELLON <br /> TRUST COMPANY,N.A., as Escrow Bank � <br /> SCHEDULE C <br />