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The County's full faith and credit are pledged for the payment of principal of and interest <br />on this Bond. <br />The Bonds are issued by means of a book -entry system, with one bond certificate for <br />each maturity immobilized at The Depository Trust Company, New York, New York ( "DTC "), <br />and not available for distribution to the public. Transfer of beneficial ownership interests in the <br />Bonds in the principal amount of $5,000 or any integral multiple thereof will be effected on the <br />records of DTC and its participants pursuant to rules and procedures established by DTC and its <br />participants. Principal, and interest on the Bonds are payable by the County to DTC or its <br />nominee as registered owner of the Bonds. The County is not responsible or liable for such <br />transfer of ownership or payments or for maintaining, supervising or reviewing the records <br />maintained by DTC, its participants or persons acting through such participants. <br />Bonds maturing prior to August 1, 2027, are not subject to redemption prior to maturity. <br />Bonds maturing on August 1, 2027, and thereafter are redeemable, at the County's option, from <br />any moneys that may be made available for that purpose, in whole or in part on any date not <br />earlier than August 1, 2026, at a redemption price of 100% of the principal amount to be <br />redeemed, plus interest accrued to the redemption date, without premium. <br />If less than all of the Bonds stated to mature on different dates are called for redemption, <br />the County will select the Bonds to be redeemed in such manner as the County may determine. If <br />less than all of the Bonds of any one maturity are called for redemption, the particular Bonds or <br />portions of Bonds to be redeemed from that maturity will be selected by lot in such manner as <br />the County in its discretion may determine; provided, however, that the portion of each Bond to <br />be redeemed will be in the principal amount of $5,000 or some integral multiple thereof, and <br />that, in selecting Bonds for redemption, each Bond will be considered as representing that <br />number of Bonds which is obtained by dividing the principal amount of such Bond by $5,000. <br />Notwithstanding the foregoing, so long as a book -entry system with DTC is used for determining <br />beneficial ownership of Bonds, if less than all of the Bonds within a maturity are to be redeemed, <br />DTC and its participants will determine which of the Bonds within any such maturity are to be <br />redeemed. If a portion of a Bond is called for redemption, the County will issue a new Bond to <br />the registered owner in a principal amount equal to the unredeemed portion, upon the registered <br />owner's surrender of the Bond. <br />The County will send notice of redemption to DTC or its nominee as the registered owner <br />of the Bonds in such manner as may be provided for under DTC's then - current operating <br />procedures. The County will send this notice not more than 60 days and not less than 30 days <br />