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• 3 <br /> notice is mailed to the Registered Owners at their last addresses shown on the Bond Register, <br /> whether or not such notice is actually received by the Registered Owners. <br /> So long as the Bonds are in book-entry only form, notice of redemption shall be given to <br /> Beneficial Owners of Bonds to be redeemed in accordance with the operational arrangements <br /> then in effect at DTC, and neither the City nor the Registrar shall be obligated or responsible to <br /> confirm that any notice of redemption is, in fact, provided to Beneficial Owners. <br /> Each notice of redemption prepared and given by the Registrar to Registered Owners of <br /> Bonds shall contain the following information: (1) the proposed redemption date, (2)the <br /> redemption price, (3) if fewer than all outstanding Bonds of a series are to be redeemed, the <br /> identification by maturity and series (and, in the case of partial redemption, the principal <br /> amounts) of the Bonds to be redeemed, (4)that (unless the notice of redemption is a conditional <br /> notice, in which case the notice shall state that interest shall cease to accrue from the date fixed <br /> for redemption if and to the extent that funds have been provided to the Registrar for the <br /> redemption of Bonds) on the date fixed for redemption the redemption price will become due <br /> and payable upon each Bond or portion called for redemption, and that interest shall cease to <br /> accrue from the date fixed for redemption, (5) that the Bonds are to be surrendered for payment <br /> at the principal office of the Registrar, (6)the CUSIP numbers of all Bonds being redeemed, <br /> (7) the dated date of the Bonds being redeemed, (8)the rate of interest for each Bond being <br /> redeemed, (9) the date of the notice, and (10) any other information deemed necessary by the <br /> Registrar to identify the Bonds being redeemed. <br /> Upon the payment of the redemption price of Bonds being redeemed, each check or other <br /> transfer of funds issued for such purpose shall bear the CUSIP number identifying, by issue and <br /> maturity, the Bonds being redeemed with the proceeds of such check or other transfer. <br /> 6 J <br /> -32- P:120287_CMVV\20287 B80 03/25/09 <br />