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I <br />redeems at any one time fewer than all of the Bonds having the same maturity date, the particular <br />Bonds or portions of Bonds and maturity to be redeemed shall be selected by lot utilizing a <br />random selection process reasonably determined by the Registrar) in increments of $5,000. In <br />the case of a Bond of maturity in a denomination greater than $5,000, the City and Registrar <br />shall treat each Bond of that maturity as representing such number of separate Bonds each of the <br />denomination of $5,000 as is obtained by dividing the actual principal amount of such Bond of <br />that maturity by $5,000. In the event that only a portion of the principal sum of a Bond is <br />redeemed, upon surrender of such Bond at the principal office of the Registrar there shall be <br />issued to the Registered Owner, without charge therefor, for the then -unredeemed balance of the <br />principal sum thereof a Bond or, at the option of the Registered Owner, Bonds of like maturity <br />and interest rate in any of the denominations herein authorized. <br />(f) Notice of Redemption. Written notice of any redemption of Bonds prior to <br />maturity, which notice may be conditional, shall be given by the Registrar on behalf of the City <br />by first class mail, postage prepaid, not less than 20 days nor more than 60 days before the date <br />fixed for redemption to the Registered Owners of Bonds that are to be redeemed at their last <br />addresses shown on the Bond Register. This requirement shall be deemed complied with when <br />notice is mailed to the Registered Owners at thea 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 />3 / - PA20287 CMW,20287 9RC 01/02113 <br />