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The Bonds maturing prior to February 1, 2005 are not subject <br /> to redemption prior to maturity. The Bonds maturing on February 1, <br /> 2005 and thereafter may be redeemed, at the option of said County, <br /> from any moneys that may be made available for such purpose, either <br /> in whole or in part on any date not earlier than February 1, 2004 , <br /> at the principal amount of the Bonds to be redeemed, together with <br /> interest accrued thereon to the date fixed for redemption, plus a <br /> redemption premium of 1/2 of 10 of the principal amount of each <br /> Bond to be redeemed for each period of 12 months or part thereof <br /> between the redemption date and the maturity date of such Bond, <br /> such premium not to exceed 2% of such principal amount. <br /> If less than all of the Bonds of any one maturity shall be <br /> called for redemption, the particular Bonds or portions of Bonds of <br /> such maturity to be redeemed shall be selected by lot in such <br /> manner as said County in its discretion may determine; provided, <br /> however, that the portion of any Bond to be redeemed shall be in <br /> the principal amount of $5, 000 or some multiple thereof and that, <br /> in selecting Bonds for redemption, each Bond shall be considered as <br /> representing that number of Bonds which is obtained by dividing the <br /> principal amount of such Bond by $5, 000 and, further, that The <br /> Depository Trust Company, New York, New York ("DTC") will determine <br /> by lot the amount of interest of each direct participant of DTC in <br /> such Bonds to be redeemed so long as a book-entry system with DTC <br /> is continued. <br /> 9 <br />