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(f) Notice of Redemption to Bondholder.The Paying Agent/Registrar shall give notice of <br /> any redemption of the Bonds by sending notice by first class United States mail,postage prepaid,not <br /> less than twenty (20) days before the date fixed for redemption, to the Bondholder at the address <br /> shown in the Register. The notice shall state among other things, the redemption date, the <br /> redemption price,the place at which the Bonds are to be surrendered for payment,and that the Bonds <br /> so called for redemption shall cease to bear interest after the redemption date. Any notice given as <br /> provided in this Section shall be conclusively presumed to have been duly given,whether or not the <br /> Bondholder receives such notice. With respect to any optional redemption of the Bonds, unless <br /> certain prerequisites to such redemption required by or this Ordinance have been met and moneys <br /> sufficient to pay the principal of and premium,if any,and interest on the Bonds to be redeemed shall <br /> have been received by the Paying Agent/Registrar prior to the giving of such notice of redemption, <br /> such notice shall state that said redemption may, at the option of the City, be conditional upon the <br /> satisfaction of such prerequisites and receipt of such moneys by the Paying Agent/Registrar on or <br /> prior to the date fixed for such redemption, or upon any prerequisite set forth in such notice of <br /> redemption. If a conditional notice of redemption is given and such prerequisites to the redemption <br /> and sufficient moneys are not received,such notice shall be of no force and effect,the City shall not <br /> redeem such Bonds and the Paying Agent/Registrar shall give notice, in the manner in which the <br /> notice of redemption was given,to the effect that the Bonds have not been redeemed. <br /> (g) Effect of Redemption. Notice of redemption having been given as provided in this <br /> Section, the Bonds called for redemption shall become due and payable on the date fixed for <br /> redemption and,unless the City defaults in the payment of the principal thereof or accrued interest <br /> thereon,such Bonds thereof shall cease to bear interest from and after the date fixed for redemption, <br /> whether or not such Bond is presented and surrendered for payment on such date. If the Bonds <br /> thereof called for redemption are not so paid upon presentation and surrender thereof for redemption, <br /> such Bonds thereof shall continue to bear interest at the rate stated on the Bond until paid or until due <br /> provision is made for the payment of same. <br /> (h) Conditional Notice of Redemption. With respect to any optional redemption of the <br /> Bonds,unless certain prerequisites to such redemption required by this Ordinance have been met and <br /> moneys sufficient to pay the principal of the premium, if any, and interest on the Bonds to be <br /> redeemed shall have been received by the Paying Agent prior to the giving of such notice of <br /> redemption,such notice shall sate that said redemption may,at the option of the City,be conditional <br /> upon the satisfaction of such prerequisites and receipt of such moneys by the Paying Agent/Registrar <br /> on or prior to the date fixed for such redemption,or upon any prerequisite set forth in such notice of <br /> redemption. If a conditional notice of redemption is given and such prerequisites to the redemption <br /> and sufficient moneys are not received,such notice shall be of no force and effect,the City shall not <br /> redeem such Bonds and the Paying Agent/Registrar shall give notice, in the manner in which the <br /> notice of redemption was given, to the effect that the Bonds have not been redeemed. <br /> Section 5. CHARACTERISTICS OF THE BONDS. (a) Registration, Transfer <br /> Conversion and Exchange;Authentication. The City shall keep or cause to be kept at Regions Bank, <br /> in Houston,Texas or such other legally qualified entity designated by the Pricing Officer in a Pricing <br /> Certificate for a series of Bonds(the"Paying Agent/Registrar")books or records for the registration <br /> 5 <br /> s.m ucce os201 e.ommanuco <br />