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. ' <br /> Section 9. Term Bonds Purchase or Redemption. If the City redeems pursuant to <br /> optional redemption as hereinabove provided or purchases Term Bonds of any maturity and <br /> cancels the same from Bond Moneys as hereinafter described, then an amount equal to the <br /> principal amount of Term Bonds so redeemed or purchased shall be deducted from the <br /> mandatory redemption requirements provided for Term Bonds of such maturity, first, in the '�, <br /> current year of such requirement, until the requirement for the current year has been fully met, <br /> and then in any order of such Term Bonds as due at maturity or subject to mandatory redemption <br /> in any yeaz, as the City shall determine. If the City redeems pursuant to optional redemption or <br /> purchases Term Bonds of any maturity and cancels the same from moneys other than Bond <br /> Moneys, then an amount equal to the principal amount of Term Bonds so redeemed or purchased <br /> shall be deducted from the amount of such Term Bonds as due at maturity or subject to <br /> mandatory redemption requirement in any year,as the City shall determine. <br /> Section 10. Redemption Procedure. For a mandatory redempt�on of Term Bonds, the <br /> Bond Registrar shall proceed without further authorization or direction to provide for such <br /> redemption. For optional redemptions, the City shall, at least 45 days prior to the redemption <br /> date (unless a shorter time period shall be satisfactory to the Bond Registraz), notify the Bond <br /> Registrar and the bond registraz for the Bonds of such redemption date and of the maturities and <br /> principal amounts of Bonds to be redeemed. In the event of an optional redemption of less than <br /> all of a given maturity of Term Bonds, the City shall also notify the Bond Registrar of the <br /> allocation of the amount to be redeemed to the mandatory redemption requirements for such <br /> Term Bonds. For purposes of any redemption of less than a11 of the Bonds of a single maturity, <br /> the particular Bonds or portions of Bonds to be redeemed shall be selected by lot not more than <br /> 60 days prior to the redemption date by the Bond Registrar for the Bonds of such maturity by <br /> such method of lottery as the Bond Registrar shall deem fair and appropriate;provided, however, <br /> -11- � <br />