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in any integral multiple thereof of a single maturity (the "Authorized Denominations") and shall <br />mature on March 1 in the years and amounts as follows: <br />Year Amount <br />2011 <br />2012 <br />2013 <br />2014 <br />2015 <br />2016 <br />2017 <br />2018 <br />2019 <br />2020 <br />2021 <br />2022 <br />2023 <br />2024 <br />2025 <br />As may be requested by the Purchaser, one or more term Sonds may be issued having <br />mandatory sinking fund redemption and final maturity amounts conforming to the foregoing <br />principal repayment schedule, and corresponding additions may be made to the provisions of the <br />applicable Sond(s). <br />(b) Sook Entry Only System. The Depository Trust Company, a limited purpose <br />trust company organized under the laws of the State of New York or any of its successors or its <br />successors to its functions hereunder (the "Depository") will act as securities depository for the <br />Sonds, and to this end: <br />(i) The Sonds shall be initially issued and, so long as they remain in book entry <br />form only (the "Sook Entry Only Period"), shall at all times be in the form of a separate <br />single fully registered Sond for each maturity of the Sonds; and for purposes of <br />complying with this requirement under paragraphs 5 and 10 Authorized Denominations <br />for any Sond shall be deemed to be limited during the Sook Entry Only Period to the <br />outstanding principal amount of that Sond. <br />(ii) Upon initial issuance, ownership of the Sonds shall be registered in a bond <br />register maintained by the Sond Registrar (as hereinafter defined) in the name of CEDE <br />& CO., as the nominee (it or any nominee of the existing or a successor Depository, the <br />"Nominee") . <br />(iii) With respect to the Sonds neither the City nor the Sond Registrar shall have <br />any responsibility or obligation to any broker, dealer, bank, or any other financial <br />institution for which the Depository holds Sonds as securities depository (the <br />"Participant") or the person for which a Participant holds an interest in the Sonds shown <br />2377798v1 3 <br />