98-34 PROVIDING FOR THE ISSUANCE OF GENERAL OBLIGATION BONDS

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certificate of authentication on any Bond shall be deemed to have been executed by it if signed by an authorized officer of the Bond Registrar, but it shall not be necessary that the same officer sign the certificate of authentication on all of the Bonds issued hereunder. Section 7. Optional Redemption. Those of the Bonds due on or after January 1, 2009, are subject to redemption prior to maturity at the option of the City, from any available funds, in whole or in part, on any date on or after January 1, 2008, and if in part, in any order of maturity as selected by the City, and if less than an entire maturity, in integral multiples of $5,000, selected by lot by the Bond Registrar as hereinafter provided, at the redemption price of par plus accrued interest to the redemption date. Section 8. Redemption Procedure. The City shall, at least 45 days prior to the redemption date (unless a shorter time period shall be satisfactory to the Bond Registrar), notify the Bond Registrar of such redemption date and of the maturities and principal amounts of Bonds to be redeemed. For purposes of any redemption of less than all of the Bonds of a single maturity, the particular Bonds or portions of Bonds to be redeemed shall be selected by lot not more than 60 days prior to the redemption date by the Bond Registrar � for the Bonds of such maturity by such method of lottery as the Bond Registrar shall deem I fair and appropriate; provided, however, that such lottery shall provide for the selection for I redemption of Bonds or portions thereof so that any $5,000 Bond or $5,000 portion of a �'I Bond shall be as likely to be called for redemption as any other such $5,000 Bond or $5,000 I�I portion. I The Bond Registrar shall promptly notify the City in writing of the Bonds or portions of Bonds selected for redemption and, in the case of any Bond selected for partial ' redemption, the principal amount thereof to be redeemed. -7-