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<br />If all the Bonds are combined for sale as a single issue, they shall carry such <br />series designation as the Finance Officer may determine. <br />3. Payment Provisions -- The principal of the Bonds will be payable on <br />such dates and in such years and amounts as .the Finance Officer determines after <br />consultation with the LGC, except that the final maturity for the Bonds must not <br />extend beyond December 31, 2030. <br />Each Bond will bear interest at such rate as is determined at the time of its <br />sale. Interest on each Bond will be payable semiannually (a) from September 1, <br />2005, if it is authenticated prior to the first interest payment date, or (b) otherwise <br />from the interest payment date, that is, or immediately precedes, the date on which <br />it is authenticated (unless payment of interest thereon is in default, in which case <br />such Bonds will bear interest from the date to which interest has been paid). <br />Principal, premium, if any, and interest will be payable in lawful money of the <br />United States of America. - <br />