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25 <br />selected by the Registrar by lot, on February 1, 2019 and on any date thereafter at a price equal <br />to the principal amount thereof to be redeemed plus interest accrued to the date of redemption. <br />[(b) Bonds maturing on February 1, 20 (the Term Bonds) shall be subject to <br />mandatory redemption prior to maturity pursuant to the sinking fund requirements of this Section <br />3.05 at a redemption price equal to the stated principal amount thereof plus interest accrued <br />thereon to the redemption date, without premium. The Registrar shall select for redemption, by <br />lot or other manner deemed fair, on February 1 in each of the following years the following <br />stated principal amounts of such Bonds: <br />Year Amount <br />20 <br />20—* <br />*Final Maturity] <br />(c) At least thirty days prior to the date set for redemption of any Bond, the City <br />Administrator shall cause notice of the call for redemption to be mailed to the Registrar and to <br />the registered owner of each Bond to be redeemed, but no defect in or failure to give such mailed <br />notice of redemption shall affect the validity of proceedings for the redemption of any Bond not <br />affected by such defect or failure. The notice of redemption shall specify the redemption date, <br />redemption price, the numbers, interest rates and CUSIP numbers of the Bonds to be redeemed <br />and the place at which the Bonds are to be surrendered for payment, which is the principal office <br />of the Registrar. Official notice of redemption having been given as aforesaid, the Bonds or <br />portions thereof so to be redeemed shall, on the redemption date, become due and payable at the <br />redemption price therein specified and from and after such date (unless the City shall default in <br />the payment of the redemption price) such Bonds or portions thereof shall cease to bear interest. <br />In addition to the notice prescribed by the preceding paragraph, the City shall also give, <br />or cause to be given, notice of the redemption of any Bond or Bonds or portions thereof at least <br />35 days before the redemption date by certified mail or telecopy to the Purchaser and all <br />registered securities depositories then in the business of holding substantial amounts of <br />obligations of the character of the Bonds and one or more national information services that <br />disseminate information regarding municipal bond redemptions; provided that any defect in or <br />any failure to give any notice of redemption prescribed by this paragraph shall not affect the <br />validity of the proceedings for the redemption of any Bond or portion thereof. <br />Bonds in a denomination larger than $5,000 may be redeemed in part in any integral <br />multiple of $5,000. The owner of any Bond redeemed in part shall receive, upon surrender of <br />such Bond to the Registrar, one or more new Bonds of such same series in authorized <br />denominations equal in principal amount to the unredeemed portion of the Bond so surrendered. <br />3.05. Preparation and Delivery. The Bonds shall be prepared under the direction of the <br />City Manager and shall be executed on behalf of the City by the signatures of the Mayor and the <br />City Manager; provided that said signatures may be printed, engraved, or lithographed facsimiles <br />thereof. In case any officer whose signature, or a facsimile of whose signature, shall appear on <br />-9- <br />