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To effect a partial redemption, the Bond Registrar prior to giving notice of <br />redemption shall assign to each Bond a distinctive number for each $5,000 of the principal <br />amount of such Bond. The Bond Registrar shall then select by lot, using such method of <br />selection as it shall deem proper in its discretion, from the numbers so assigned to such Bonds, as <br />many numbers as, at $5,000 for each number, shall equal the principal amount of such Bonds to <br />be redeemed. The Bonds to be redeemed shall be the Bonds to which were assigned numbers so <br />selected; provided, however, that only so much of the principal amount of each such Bond of a <br />denomination of more than $5,000 shall be redeemed as shall equal $5,000 for each number <br />assigned to it and so selected. If a Bond is to be redeemed only in part, it shall be surrendered to <br />the Bond Registrar (with, if the City or Bond Registrar so requires, a written instrument of <br />transfer in form satisfactory to the City and Bond Registrar duly executed by the Holder thereof <br />or his, her or its attorney duly authorized in writing) and the City shall execute (if necessary) and <br />the Bond Registrar shall authenticate and deliver to the holder of such Bond, without service <br />charge, a new Bond or Bonds of the same series having the same stated maturity and interest rate <br />and of any Authorized Denomination or Denominations, as requested by such Holder, in <br />aggregate principal amount equal to and in exchange for the unredeemed portion of the principal <br />of the Bond so surrendered. <br />6. Bond Registrar. U.S. Bank Trust National Association, in St. Paul, <br />Minnesota, is appointed to act as bond registrar and transfer agent with respect to the Bonds (the <br />"Bond Registrar'), and shall do so unless and until a successor Bond Registrar is duly appointed, <br />all pursuant to any contract the City and Bond Registrar shall execute which is consistent <br />herewith. The Bond Registrar shall also serve as paying agent unless and until a successor <br />paying agent is duly appointed. Principal and interest on the Bonds shall be paid to the . <br />registered holders (or record holders) of the Bonds in the manner set forth -in the form of Bond <br />and in paragraph -12 of this resolution. <br />7. Form of Bond. The Bonds, together with the Bond Registrar's Certificate <br />of Authentication, the form of Assignment and the registration information thereon, shall be in <br />substantially the following form: <br />1222136.1 6 <br />