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in any integral multiple thereof of a single maturity (the <br /> "Authorized Denominations" ) . The Bonds shall mature on March 1 <br /> in the gears and amounts as follows : <br /> Amount Year Amount <br /> 2000 1, 675{ 000 2004 $1, 965, 000 <br /> 2001 11745, 000 2005 2fO5OtOOO <br /> 2002 1 r 815 f coo 2006 21140j000 <br /> 003 11890, 000 <br /> (b) Book Entry Only System. The Depositor Trust <br /> Company, a limited purpose trust company organized under the laws <br /> of the State of New York or any of its successors or its <br /> successors to its functions hereunder (the "Depository" ) will act <br /> as securities depository for the Bonds, and to this end: <br /> (i) The Bonds shall be initially issued and, so long <br /> as they remain in book entry form only (the "Book Entry Only <br /> Period" ) . shall at all times be in the form of a separate <br /> single fully registered Bond for each maturity of the Bonds ; <br /> and for purposes of complying with this requirement under <br /> paragraphs 5 and 10 Authorized Denominations for any Bond <br /> shall be deemed to be limited during the Book Entry Only <br /> Period to the outstanding principal amount of that Bond. <br /> (ii) Upon initial issuance, ownership of the Bonds <br /> shall be registered in a bond register maintained by the <br /> Bond Registrar (as hereinafter defined) in the name of CEDE <br /> & CO. , as the nominee (it or any nominee of the existing or <br /> a successor Depos i tory e the "Nominee" ) . <br /> (iii) With respect to the Bonds neither the City nor <br /> the Bond Registrar shall have any responsibility or <br /> obligation to any broker, dealer, bank, or any other <br /> financial institution for which the Depository holds Bonds <br /> as securities depository (the "Participant" ) or the person <br /> for which a Participant holds an interest in the Bonds shown <br /> on the books and records of the Participant (the "Beneficial <br /> Owner" ) . Without limiting the immediately preceding <br /> sentence, neither the ity, nor the Bond Registrar, shall <br /> have any such responsibility or obligation with respect to <br /> (A) the accuracy of the records of. the Depository, the <br /> Nominee or any Participant with respect to any ownership <br /> interest in the Bonds, or (B) the delivery to any <br /> Participant, any Owner or any other person, other than the <br /> Depository, of any notice with respect to the Bonds, <br /> including any notice of redemption, or (0) the payment to <br /> any Participant, any Beneficial Owner or any other person, <br /> other than the Depository, of any amount with respect to the <br /> Y. <br /> 906107.01 , <br />