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Year Amount Year Amount <br />2017 <br />2018 <br />2019 <br />2020 <br />2021 <br />2022 <br />2023 <br />2024 <br />2025 <br />2026 <br />2027 <br />2028 <br />2029 <br />2030 <br />2031 <br />(b) The remainder of the Bonds in the amount of $495,000 (the "Abatement Bonds"), <br />maturing on February 1 in the years and amounts set forth below, will be used to finance the Project: <br />Year Amount Year Amount <br />2017 <br />2018 <br />2019 <br />2020 <br />2021 <br />2022 <br />2023 <br />2024 <br />2025 <br />2026 <br />1.05. Optional Redemption. The City may elect on February 1, 2023, and on any day thereafter to <br />prepay Bonds due on or after February 1, 2024. Redemption may be in whole or in part and if in part, at the <br />option of the City and in such manner as the City will determine. If less than all Bonds of a maturity are <br />called for redemption, the City will notify DTC (as defined in Section 7 hereof) of the particular amount of <br />such maturity to be prepaid. DTC will determine by lot the amount of each participant's interest in such <br />maturity to be redeemed and each participant will then select by lot the beneficial ownership interests in such <br />maturity to be redeemed. Prepayments will be at a price of par plus accrued interest. <br />[ 1.06. Mandatory Redemption; Term Bonds. To be completed if Term Bonds are requested by <br />the Purchaser.] <br />Section 2. Registration and Payment. <br />2.01. Registered Form. The Bonds will be issued only in fully registered form. The interest <br />thereon and, upon surrender of each Bond, the principal amount thereof, is payable by check or draft <br />issued by the Registrar described herein. <br />2.02. Dates; Interest Payment Dates. Each Bond will be dated as of the last interest payment <br />date preceding the date of authentication to which interest on the Bond has been paid or made available <br />for payment, unless (i) the date of authentication is an interest payment date to which interest has been <br />paid or made available for payment, in which case the Bond will be dated as of the date of <br />authentication, or (ii) the date of authentication is prior to the first interest payment date, in which case <br />the Bond will be dated as of the date of original issue. The interest on the Bonds is payable on <br />February 1 and August 1 of each year, commencing February 1, 2016, to the registered owners of record <br />thereof as of the close of business on the fifteenth day of the immediately preceding month, whether or <br />not that day is a business day. <br />459994v1 JAE LN140-115 <br />4 <br />