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price equallo the principal amount thereof to be redeemed plus interest accrued to the date of <br />redemption. <br />[(b) Bonds maturing in the year 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 />*Final Maturity <br />In the event that any Bonds maturing in the year are redeemed pursuant to (a) above by <br />the City and canceled by the Registrar and not reissued, the Bonds maturing in the year so <br />redeemed and canceled maybe applied by the City as a credit against the Bonds to be redeemed <br />pursuant to this subsection (b), such credit to be equal to the principal amount of the Bonds <br />maturing in the year so redeemed or canceled provided that the City has notified the <br />Register not less than thirty-five (35) days prior to the redemption. date of its election to apply <br />such Bonds as a credit. <br />(c) Bonds maturing in the year 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 />E <br />*Final Maturity <br />In the event that any Bonds maturing in the year are redeemed pursuant to <br />(a) above by the City and canceled by the Registrar and not reissued, the Bonds maturing in the <br />year so redeemed and canceled maybe applied by the City as a credit against the Bonds to <br />be redeemed pursuant to this subsection (c), such credit to be equal to the principal amount of the <br />Bonds maturing in the year so redeemed or canceled provided that the City has notified <br />&2 <br />98 <br />