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<br />I <br /> <br />I <br /> <br />I <br /> <br />The City expressly reserves the right to issue further and additional special revenue <br />obligations equally secured by a lien on and pledge of the net revenues of the City's combined <br />Waterworks and Waste Water System on a parity with the bonds of this issue; provided, however, <br />that any and all such additional parity obligations may be issued only in accordance with and subject <br />to the covenants, conditions, limitations and restrictions relating thereto which are set out and <br />contained in the Ordinance, to which reference is hereby made for more complete and full <br />particulars. <br /> <br />The holders of the Bonds are not entitled to demand payment thereof out of any money raised <br />by taxation. <br /> <br />The City has reserved the option to redeem the Bonds maturing on and after August 15,2013, <br />before their respective scheduled maturity in whole or from time to time in part in integral multiples <br />of$5,000 on August 15,2012, or on any date thereafter, at a price equal to the principal amount of <br />the Bonds so called for redemption plus accrued interest to the redemption date. If less than all of <br />the Bonds are to be redeemed, the City shall determine the amounts thereofto be redeemed and shall <br />direct the Paying Agent/Registrar to call by lot Bonds, or portions thereof within such maturity or <br />maturities and in such amounts, for redemption. <br /> <br />The Bonds maturing on August 15 in the years 2031 and 203 6 (the liT erm Bonds ") are subj ect <br />to mandatory sinking fund redemption by lot prior to maturity in the following amounts, on the <br />following dates and at a price of par plus accrued interest to the redemption date. <br /> <br />Bonds Maturing August 15, 2031 <br />Redemption Date Principal Amount <br /> <br />August 15,2029 <br />August 15,2030 <br />August 15,2031 * <br /> <br />$355,000 <br />$370,000 <br />$385,000* <br /> <br />*Final Maturity <br /> <br />Bonds Maturin2; AU2;ust 15,2036 <br /> <br />Redemption Date <br />August 15, 2032 <br />August 15, 2033 <br />August 15, 2034 <br />August 15, 2035 <br />August 15,2036* <br /> <br />Principal Amount <br />$405,000 <br /> <br />$425,000 <br /> <br />$445,000 <br /> <br />$465,000 <br /> <br />$490,000 <br /> <br />*Final Maturity <br /> <br />SANMARCOS/WWWSRev2006-2: Ordinance <br /> <br />21 <br />