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5 <br />R <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 Bands to be redeemed, together with interest <br />accrued thereon to the date fixed for redemption, plus a premium of 1/2 of 1% of the <br />principal amount of each Band 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 Bonds 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 farm 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 />1, 2001, will be in fully registered form, in denominations of $5,000 and integral <br />multiples thereof, and will be numbered R-1 upward separately within each series or <br />consecutively across the series, as the Finance Officer may determine. <br />The Bonds must be signed by the manual or facsimile signature of the Board's <br />Chair or Vice Chair, must be countersigned by the manual or facsimile signature of <br />the Board's Clerk or any Assistant Clerk, and the County's seal must be affixed thereto <br />or a facsimile thereof printed thereon. No Bond will be valid unless at .least one of the <br />signatures appearing on such Bond (which may be the signature of the LGC's <br />representative required by law) is manually applied or until such Bond has been <br />authenticated by the manual signature of an authorized officer or employee of a bond <br />registrar selected by the County. <br />$. 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 />