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10 <br />The County's full faith and credit are pledged for the payment of principal of <br />and interest on this Bond. <br />The Bands are issued by means of a book-entry system, with one bond <br />certificate for each maturity immobilized at The Depository Trust Company, New <br />York, New York ("DTC"), and not available for distribution to the public. Transfer of <br />beneficial ownership interests in the Bonds in the principal amount of $5,000 or any <br />integral multiple thereof will be effected an the records of DTC and its participants <br />pursuant to rules and procedures established by DTC and its participants. Principal, <br />premium, if any, 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 <br />such transfer of ownership or payments or for maintaining, supervising or reviewing <br />the records. maintained by DTC, its participants or persons acting through such <br />participants. <br />Bonds maturing prior to February 1, 2012, are not subject to redemption prior <br />to maturity. Bonds maturing on February 1, 2.012, and thereafter are redeemable, at <br />the County's option from any moneys that may be made available for such purpose, <br />either in whole or in part; on or after February 1, 2011, at the principal amount of the <br />Bonds to be redeemed, together with interest accrued thereon to the date fixed for <br />redemption, plus a premium of 1/2 of 1% of the principal amount of each Bond to be <br />redeemed for each period of 12 months or part thereof between the redemption date <br />and the maturity date of such Bonds, such premium not to exceed 2% of such <br />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 less <br />than all of the Bonds of any one maturity are called for redemption, the particular <br />Bonds or portions of Bonds of such maturity to be redeemed will be selected by lot in <br />such manner as the County in its discretion may determine; provided, however, that <br />the portion of each Bond to be redeemed will 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 Bonds which is obtained by <br />dividing the principal amount of such Bond by $5,000. Notwithstanding the <br />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 <br />redeemed, DTC and its participants will determine which of the Bonds within any <br />such maturity are to be redeemed. If a portion of a Bond is called for redemption, a <br />new Band in principal amount equal to the unxedeemed portion thereof will be issued <br />to the registered owner upon the surrender thereof. <br />The Caunty will give notice of redemption by certified or registered mail to <br />DTC or its nominee as the registered owner of the Bonds. The County will mail such <br />notice not more than b0 days and not less than 30 ,days prior to the date fixed for <br />