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78 <br /> REDEMPTION PROVISIONS <br /> Optional Redemption. The 2026A Bonds maturing on or after April 1, 20_ are subject to <br /> redemption at the County's option,in whole or in part on any date on or after April 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 2026A Bonds maturing on April 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 April 1,in the years and amounts <br /> as follows: <br /> Year Amount <br /> *Maturity. <br /> Selection. If less than all of the 2026A Bonds are to be optionally redeemed as described above, <br /> the County in its discretion may elect which maturities of 2026A Bonds are to be redeemed. If less than all <br /> the 2026A Bonds of any maturity are to be redeemed, the Trustee shall select the 2026A Bonds to be <br /> redeemed by lot;provided,however,that so long as a book-entry system with DTC is used for determining <br /> beneficial ownership of 2026A Bonds, if less than all the 2026A Bonds within a maturity are to be <br /> redeemed,the parties agree that DTC may determine which of the 2026A Bonds within the maturity are to <br /> be redeemed in accordance with DTC's then-current rules and procedures. <br /> In any case, (1)the portion of any 2026A Bond to be redeemed must be in the principal amount of <br /> $5,000 or some multiple thereof, and(2)in selecting 2026A Bonds for redemption, each 2026A Bond will <br /> be considered as representing that number of 2026A Bonds which is obtained by dividing the principal <br /> amount of that 2026A Bond by$5,000.If a portion of a 2026A Bond is called for redemption,a new 2026A <br /> Bond of the same series and maturity in principal amount equal to the unpaid portion will be delivered to <br /> the registered owner upon the surrender of the 2026A 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 2026A <br /> Bonds called for redemption,the 2026A Bonds or portions of the 2026A Bonds called for redemption cease <br /> to accrue interest from and after the redemption date, and thereafter those 2026A Bonds (1) are no longer <br /> entitled to the benefits provided by the Trust Agreement and (2) are not deemed to be Outstanding under <br /> the Trust 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 2026A 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 2026A Bonds for which no book-entry only system of registration is in effect,to each of the <br /> registered owners of those 2026A Bonds at their addresses as shown on the Trustee's registration books, <br /> by registered or certified mail; and(3)in any case,both(A)to the Municipal Securities Rulemaking Board <br /> for posting on its "EMMA"continuing disclosure system, or any successor system, and(B)to the LGC. <br /> 5 <br />