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Maturity <br />Interest <br />Maturity <br />Interest <br />Year <br />Rate <br />Year <br />Rate <br />1990 <br />5.50% <br />1.995 <br />6.60% <br />1991 <br />5.75 <br />1996 <br />6.75% <br />1992 <br />6.00 <br />1997 <br />6.90% <br />1993 <br />6.20 <br />1998 <br />7.00% <br />1994 <br />6.40 <br />1999 <br />7.15% <br />6. Redemption. All Bonds maturing in the years <br />1996 to 1999, both inclusive, shall be subject to redemption <br />and prepayment at the option of the City on May 1, 1995, and <br />on any interest payment date thereafter at a price of par plus <br />accrued interest. Redemption may be in whole or in part of <br />the Bonds subject to prepayment. If redemption is in part, <br />those Bonds remaining unpaid which have the latest maturity <br />date shall be prepaid first; and if only part of the Bonds <br />having a common maturity date are called for prepayment, the <br />specific Bonds to be prepaid shall be chosen by lot by the <br />Bond Registrar. Bonds or portions thereof called for <br />redemption shall be due and payable on the redemption date, <br />and interest thereon shall cease to accrue from and after the <br />redemption date. Published notice of redemption shall in each <br />case be given in accordance with law, and mailed notice of <br />redemption shall be given to the paying agent and to each <br />affected registered owner of the Bonds. <br />To effect a partial redemption of Bonds having a <br />common maturity date, the Bond Registrar prior to giving <br />notice of redemption shall assign to each Bond having a common <br />maturity date a distinctive number for each $5,000 of the <br />principal amount of such Bond. The Bond Registrar shall then <br />select by lot, using such method of selection as it shall deem <br />proper in its discretion, from the numbers so assigned to such <br />Bonds, as many numbers as, at $5,000 for each number, shall <br />equal the principal amount of such Bonds to be redeemed. The <br />Bonds to be redeemed shall be the Bonds to which were assigned <br />numbers so selected; provided, however, that only so much of <br />the principal amount of each such Bond of a denomination of <br />more than $5,000 shall be redeemed as shall equal $5,000 for <br />each number assigned to it and so selected. If a Bond is to <br />be redeemed only in part, it shall be surrendered to the Bond <br />Registrar (with, if the City or Bond Registrar so requires, a <br />written instrument of transfer in form satisfactory to the <br />City or Bond Registrar duly executed by the registered owner <br />thereof or his, her or its attorney duly authorized in <br />writing) and the City shall execute (if necessary) and the <br />Bond Registrar shall authenticate and deliver to the <br />4 <br />