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amount of the Bonds maturing in the year 2010 so redeemed or canceled provided that the City <br /> has notified the Register not less than thirty-five (35) days prior to the redemption date of its <br /> election to apply such Bonds as a credit. <br /> (c) Bonds maturing in the year 2012 shall be subject to mandatory sinking fund <br /> redemption by lot at a redemption price equal to the principal amount of the Bonds to be so <br /> redeemed plus interest accrued thereon to the date fixed for redemption, on February 1, in the <br /> years and principal amounts set forth below: <br /> Year Amount <br /> 2011 $60,000 <br /> 2012* 60,000 <br /> *Final Maturity <br /> In the event that any Bonds maturing in the year 2012 are redeemed pursuant to (a) above by the <br /> City and canceled by the Registrar and not reissued, the Bonds maturing in the year 2012 so <br /> redeemed and canceled may be applied by the City as a credit against the Bonds to be redeemed <br /> on February 1, 2011 pursuant to this subsection (c), such credit to be equal to the principal <br /> amount of the Bonds maturing in the year 2012 so redeemed or canceled provided that the City <br /> ' has notified the Register not less than thirty-five (35) days prior to the redemption date of its <br /> election to apply such Bonds as a credit. <br /> (d) Bonds maturing in the year 2014 shall be subject to mandatory sinking fund <br /> redemption by lot at a redemption price equal to the principal amount of the Bonds to be so <br /> redeemed plus interest accrued thereon to the date fixed for redemption, on February 1, in the <br /> years and principal amounts set forth below: <br /> Year Amount <br /> 2013 $65,000 <br /> 2014* 65,000 <br /> *Final Maturity <br /> In the event that any Bonds maturing in the year 2014 are redeemed pursuant to (a) above by the <br /> City and canceled by the Registrar and not reissued, the Bonds maturing in the year 2014 so <br /> redeemed and canceled may be applied by the City as a credit against the Bonds to be redeemed <br /> on February 1, 2013 pursuant to this subsection(d), such credit to be equal to the principal <br /> -12- <br />