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5 <br /> such purpose, either in whole or in part, on or after the principal payment date in the <br /> year 2011, at the principal amount of the Bonds to be redeemed, together with interest <br /> accrued thereon to the date fixed for redemption, plus a premium of 112 of 1% of the <br /> principal amount of each Bond to be redeemed for each period of 12 months or part <br /> thereof between the redemption date and the maturity date of such Bonds, such <br /> premium not to exceed 2% of such principal amount. <br /> If less than all of the Bonds stated to mature on different dates are called for <br /> redemption, the Bonds will be redeemed in the inverse order of their maturities. If <br /> less than all of the Bonds of any one maturity are called for redemption, the Bonds or <br /> portions thereof of such maturity to be redeemed will be selected by lot in such <br /> manner as the County in its discretion may determine; provided, however, that the <br /> portion of any Bond to be redeemed must be in the principal amount of $5,000 or <br /> some integral multiple thereof and that, in selecting Bonds for redemption, each Bond <br /> will be considered as representing that number of Bo'nds which is obtained by <br /> dividing the principal amount of such Bond by $5,000. If a portion of a Bond is called <br /> for redemption, a new Bond in amount equal to the unredeemed portion thereof will <br /> be issued to the registered owner upon the surrender thereof. <br /> The County will give notice of redemption by certified or registered mail to the <br /> registered owners of the Bonds. The County will mail such notice not more than 60 <br /> days and not less than 30 days prior to the date fixed for redemption. <br /> 7. Form of Bonds -- The Bonds will be in substantially the form set out in <br /> Exhibit A. The Referendum Bonds will be designated "General Obligation Public <br /> .Improvement Bonds, Series 2001," and the Refunding Bonds will be designated <br /> "General Obligation Refunding Bonds, Series 2001." The Bonds will be dated August <br /> b 2001, will be in fully registered form, in denominations of $5,000 and integral <br /> multiples thereof, and will be numbered R-1 upward separately within each series or <br /> consecutively across the series, as the Finance Officer may determine. <br /> The Bonds must be signed by the manual or facsimile signature of the Board's <br /> Chair or Vice Chair, must be countersigned by the manual or facsimile signature of <br /> the Boards Clerk or any Assistant Clerk, and the County's seal,must be affixed thereto <br /> or a facsimile thereof printed thereon. No Bond will be valid unless at least one of the <br /> signatures appearing on such Bond (which may be the signature of the LGC's <br /> representative required by law) is manually applied or until such Bond has been <br /> authenticated by the manual signature of an authorized officer or employee of a bond <br /> registrar selected by the County. <br /> 8. Finance Officer as Registrar; Payments to Registered Owners — The <br /> Finance Officer is appointed Registrar for the Bonds. As Registrar, the Finance <br /> Officer will maintain appropriate books and records of the ownership of the Bonds. <br /> The County will treat the registered owner of each Bond as the person exclusively <br />