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76 <br /> REDEMPTION PROVISIONS <br /> Optional Redemption. The 2025 Bonds maturing on or after October 1, 20 are subject to <br /> redemption at the County's option,in whole or in part on any date on or after October 1,20_,upon payment <br /> of the principal amount to be redeemed plus interest accrued to the redemption date,without premium. <br /> Mandatory Sinking Fund Redemption. The 2025 Bonds maturing on October 1,20 , are subject <br /> to mandatory sinking fund redemption, at a redemption price equal to the principal amount to be redeemed <br /> plus accrued interest, if any, to the redemption date, without premium, on October 1, in the years and <br /> amounts as follows: <br /> Year Amount <br /> *Maturity. <br /> Selection. If less than all of the 2025 Bonds are to be optionally redeemed as described above,the <br /> County in its discretion may elect which maturities of 2025 Bonds are to be redeemed. If less than all the <br /> 2025 Bonds of any maturity are to be redeemed,the Trustee shall select the 2025 Bonds to be redeemed by <br /> lot; provided, however, that so long as a book-entry system with DTC is used for determining beneficial <br /> ownership of 2025 Bonds, if less than all the 2025 Bonds within a maturity are to be redeemed,the parties <br /> agree that DTC may determine which of the 2025 Bonds within the maturity are to be redeemed in <br /> accordance with DTC's then-current rules and procedures. <br /> In any case, (1) the portion of any 2025 Bond to be redeemed must be in the principal amount of <br /> $5,000 or some multiple thereof, and(2) in selecting 2025 Bonds for redemption, each 2025 Bond will be <br /> considered as representing that number of 2025 Bonds which is obtained by dividing the principal amount <br /> of that 2025 Bond by$5,000. If a portion of a 2025 Bond is called for redemption,a new 2025 Bond of the <br /> same series and maturity in principal amount equal to the unpaid portion will be delivered to the registered <br /> owner upon the surrender of the 2025 Bond. <br /> Effect of Call for Redemption. If on or before the date fixed for redemption funds are deposited <br /> with the Trustee to pay the principal and interest accrued to the redemption date with respect to the 2025 <br /> Bonds called for redemption,the 2025 Bonds or portions of the 2025 Bonds called for redemption cease to <br /> accrue interest from and after the redemption date,and thereafter those 2025 Bonds(1)are no longer entitled <br /> to the benefits provided by the Trust Agreement and(2) are not deemed to be Outstanding under the Trust <br /> Agreement. <br /> Notice of Redemption. The Trustee, at the County's direction, upon being satisfactorily <br /> indemnified with respect to expenses and with at least two Business Days' notice, will send notice of <br /> redemption no less than 30 nor more than 60 days prior to the redemption date,as follows: (1)with respect <br /> to any 2025 Bonds being called for redemption for which DTC or its nominee is the registered owner, to <br /> DTC, in whatever manner may be provided for under DTC's then-current rules and procedures (and if the <br /> Trustee is unable to determine those rules,by registered or certified mail,return receipt requested);(2)with <br /> respect to any 2025 Bonds for which no book-entry only system of registration is in effect, to each of the <br /> registered owners of those 2025 Bonds at their addresses as shown on the Trustee's registration books,by <br /> registered or certified mail; and(3)in any case,both(A)to the Municipal Securities Rulemaking Board for <br /> posting on its`EMMA"continuing disclosure system, or any successor system, and(B)to the LGC. <br /> 5 <br />