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To effect a partial redemption of Bonds having a common <br />maturity date, the Bond Registrar prior to giving notice of <br />redemption shall assign to each Bond having a common maturity <br />date a distinctive number for each $5,000 of the principal amount <br />of such Bond. The Bond Registrar shall then select by lot, using <br />such method of selection as it shall deem proper in its <br />discretion, from the numbers so assigned to such Bonds, as many <br />numbers as, at $5,000 for each number, shall equal the principal <br />amount of such Bonds to be redeemed. The Bonds to be redeemed <br />shall be the Bonds to which were assigned numbers so selected; <br />provided, however, that only so much of the principal amount of <br />each such Bond of a denomination of more than $5,000 shall be <br />redeemed as shall equal $5,000 for each number assigned to it and <br />so selected. If a Bond is to be redeemed only in part, it shall <br />be surrendered to the Bond Registrar (with, if the City or Bond <br />Registrar so requires, a written instrument of transfer in form <br />satisfactory to the City and Bond Registrar duly executed by the <br />Holder thereof or his, her or its attorney duly authorized in <br />writing) and the City shall execute (if necessary) and the Bond <br />Registrar shall authenticate and deliver to the Holder of such <br />Bond, without service charge, a new Bond or Bonds of the same <br />series having the same stated maturity and interest rate and of <br />any authorized denomination or denominations, as requested by <br />such Holder, in aggregate principal amount equal to and in <br />exchange for the unredeemed portion of the principal of the Bond <br />so surrendered. <br />6. Bond Registrar. Firstar Bank of Minnesota, N.A., <br />in St. Paul, Minnesota, is appointed to act as bond registrar and <br />transfer agent with respect to the Bonds (the "Bond Registrar"), <br />and shall do so unless and until a successor Bond Registrar is <br />duly appointed, all pursuant to any contract the City and Bond <br />Registrar shall execute which is consistent herewith. The Bond <br />Registrar shall also serve as paying agent unless and until a <br />successor paying agent is duly appointed. Principal and interest <br />on the Bonds shall be paid to the registered holders (or record <br />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 this Bond <br />Registrar's Certificate of Authentication, the form of Assignment <br />and the registration information thereon, shall be in <br />substantially the following form: <br />360858.1 <br />4 <br />