2007-11 Awarding the Sale of GO Bonds

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Year Amount Year Amount 2069 201 i} 2011 2012. 2013 2014 -2015 20t6 �017 .2018 2019 2020 2021 2022 2023 �2024 2025 2026 2021 .2029 2.04. QRj oral Redemption: The City may elect on February' 1, 2016, and on any day thereafter to prepay -Bonds due�,on or after February1, 2017. Redemption -may be in.whole or.in part; and if -ih.piM at .the option of the City and in such baanner as the City will determine. If less than all Bonds of a.maturity are called for redemption, the City will notify DTC (as defined .in Section 7 hereof). of the particular amount of such maturity to `be prepaid. DTC will determine by lot the amount of each participant's- interest in :such maturity to be redeemed and each participant will then select by lot the beneficial ownership. interests .in such maturity -to be redeemed. Prepayments will be at a price vfpar plus accrued interest. 105. Tenn Bands. To be completed if Term. Bonds are requested by the Purchaser. Section 3. Registration and Payment: 3.01.. Registered Form: The Bond will belssued only. in fully registered form. The. interest thereon and, upon. surrender of the.Bond, the principal amount thereof, is payable by check or draft issued bythe Registrar described herein: 3.02. Dates;. Interest Payment Dates. Each Bond will be dated as *of the last interest payment date preceding the date of authentication to which interest on. the- Bond has been paid or made available:for payment, unless (i) :the date of authentication is an interest payment date to. which interest -has- been paid or' -made available for payment, in -which case the Bond will be dated as of the date of authentication, or (ij the date -of authentication is prior to the first interest payment dater in which case the Bond will be dated as of the date of original issue. The interest on the' Bond is payalale jon February I and August .1 of each year, commencing February 1., 2008,.to the registered owners*.of record thereof as of the-closeof business on the.fifteenth day of the: immediately preceding month; whether or not that. -day is a business day. .a3. Registration.. The City will appoint a bond registrar, transfer agent, authenticating ( agent and paying agent (the "Registrar"). The:effect:of`registration'and the rights and duties of the City and the Registrar with respect thereto are as follows: 310976vI MN1 GEI90-