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Term Bonds Maturing , 20 <br />Redemption Date Principal Amount <br />(b) At least thirty (30) days prior to each sinking fund redemption date, the Trustee <br />shall select, in accordance with Section 4.5, a principal amount of Bonds of such maturity equal <br />to the Sinking Fund Installment amount of such Bonds to be redeemed, shall call such Bonds for <br />redemption on such scheduled mandatory redemption date, and shall give notice of such <br />redemption, as provided in Section 4.6. <br />(c) The principal amount of Bonds required to be redeemed on any redemption date <br />pursuant to subparagraph (a) of this Section 4.2 shall be reduced, at the option of the City, by the <br />principal amount of any Bonds of such maturity which, at least 30 days prior to the sinking fund <br />redemption date shall have been acquired by the City at a price not exceeding the principal <br />amount of such Bonds plus accrued unpaid interest to the date of purchase thereof, and delivered <br />to the Trustee for cancellation. <br />(d) The principal amount of Bonds required to be redeemed on any redemption date <br />pursuant to subparagraph (a) of this Section 4.2 shall be reduced on a pro rata basis among <br />Sinking Fund Installments by the principal amount of any Bonds which, at least 30 days prior to <br />the sinking fund redemption date, shall have been redeemed pursuant to the optional redemption <br />provisions in Section 4.3 hereof or the extraordinary optional redemption provisions in Section <br />4.4 hereof and not previously credited to a mandatory sinking fund redemption. <br />Section 4.3. Optional Redemption. <br />The Bonds may be redeemed prior to their scheduled maturities on any date on or after <br />, 20 , at the option of the City, with funds derived from any available and lawful <br />source, as a whole, or in part, and, if in part, the particular Bonds, or portions thereof, to be <br />redeemed shall be selected and designated by the City, at a redemption price equal to the <br />principal amount to be redeemed plus accrued interest to the date fixed for redemption. <br />Section 4.4. Extraordinary Optional Redemption. <br />The City reserves the right and option to redeem Bonds before their respective scheduled <br />maturity dates, in whole or in part, on any date, at a redemption price equal to the principal <br />amount of the Bonds called for redemption, plus accrued and unpaid interest to the date fixed for <br />redemption, from amounts on deposit in the Redemption Fund as a result of Prepayments <br />(including related transfers to the Redemption Fund as provided in Section 6.7(d)) or any other <br />transfers to the Redemption Fund under the terms of this Indenture. <br />m <br />