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<br />To effect a partial redemption of Replacement Bonds <br />having a common maturity date, the Bond Registrar prior to giving <br />notice of redemption shall assign to each Replacement Bond having <br />a common maturity date a distinctive number for each $5,000 of <br />the principal amount of such Replacement Bond. The Bond <br />Registrar shall then select by lot, using such method of <br />selection as it shall deem proper in its discretion, from the <br />numbers so assigned to such Replacement Bonds, as many numbers <br />as, at $5,000 for each number, shall equal the principal amount <br />of such Replacement Bonds to be redeemed. The Replacement Bonds <br />to be redeemed shall be the Replacement Bonds to which were <br />assigned numbers so selected; provided, however, that only so <br />much of the principal amount of each such Replacement Bond of a <br />denomination of more than $5,000 shall be redeemed as shall equal <br />$5,000 for each number assigned to it and so selected. <br /> <br />If a Replacement Bond is to be redeemed only in part, <br />it shall be surrendered to the Bond Registrar (with, if the City <br />or Bond Registrar so requires, a written instrument of transfer <br />in form satisfactory to the City and Bond Registrar duly executed <br />by the Holder thereof or his, her or its attorney duly authorized <br />in writing) and the City shall execute (if necessary) and the <br />Bond Registrar shall authenticate and deliver to the Holder of <br />such Replacement Bond, without service charge, a new Replacement <br />Bond or Bonds of the same series having the same stated maturity <br />and interest rate and of any authorized denomination or <br />denominations, as requested by such Holder, in aggregate <br />principal amount equal to and in exchange for the unredeemed <br />portion of the principal of the Bond so surrendered. <br /> <br />The Bond Registrar shall call Bonds for redemption and <br />paYment as herein provided upon receipt by the Bond Registrar at <br />least forty-five (45) days prior to the redemption date of a <br />request of the City, in written form if the Bond Registrar is <br />other than a City officer. Such request shall specify the <br />principal amount of Bonds to be called for redemption and the <br />redemption date. <br /> <br />Mailed notice of redemption shall be given to the <br />paying agent (if other than a City officer) and to each affected <br />Holder. If and when the City shall call any of the Bonds for <br />redemption and paYment prior to the stated maturity thereof, the <br />Bond Registrar shall give written notice in the name of the city <br />of its intention to redeem and pay such Bonds at the office of <br />the Bond Registrar. Notice of redemption shall be given by first <br />class mail, postage prepaid, mailed not more than sixty (60) and <br />not less than thirty (30) days prior to the redemption date, to <br />each Holder of Bonds to be redeemed, at the address appearing in <br />the Bond Register. All notices of redemption shall state: <br /> <br />26957 <br /> <br />9 <br />