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26 <br /> "Treasury Constant Maturities Rate" means the bond equivalent yield for United <br /> States Treasury securities (bills on a discounted basis shall be converted to bond <br /> equivalent yield) with the maturity closest to the Remaining Term as published on <br /> the Federal Reserve Board website (currently: federalreserve.gov/releases/h15/), <br /> or another recognized electronic source, two Federal Reserve Banking Days prior to <br /> the determination date. <br /> (c) 2023B Bond -- (i) The County may prepay the principal of the 2023B <br /> Bond, in whole or in part, at the County's option on any date, upon payment of the <br /> principal amount to be prepaid plus interest accrued to the prepayment date. <br /> (ii) For a prepayment made on or before June 30, 2030, the County must <br /> also pay a prepayment premium of 2% of the principal amount to be prepaid. No <br /> premium or penalty is payable for a redemption of the 2023B Bond made after June <br /> 30, 2030. <br /> (d) If the County redeems a portion of a 2023 Bond, the County will <br /> prepare, and the Trustee will deliver, a new Bond in principal amount equal to the <br /> unpaid portion to the registered owner upon the surrender of the 2023 Bond <br /> subject to the partial prepayment. All amounts prepaid will be applied first to any <br /> prepayment premium due for that 2023 Bond on that prepayment date, then to <br /> interest accrued to the prepayment date, and then to installments of principal in <br /> inverse order of maturity. <br /> Section 2.02. Redemption Notices. (a) The Trustee, at the County's <br /> direction, upon being satisfactorily indemnified by the County with respect to <br /> expenses and with at least two Business Days' notice, will send notice of redemption <br /> no less than 30 nor more than 60 days prior to the redemption date, to the <br /> registered owner of the 2023 Bonds to be prepaid at the addresses as appear on the <br /> Trustee's registration books, by registered or certified mail. The Trustee shall also <br /> send a copy of the notice to the LGC. <br /> (b) Any redemption notice may state that the redemption to be effected is <br /> conditioned upon -- <br /> 8 <br />