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Optional Redemption Provisions Series 2006 Bonds or portions thereof maturing in the years 2007 to 20 , both inclusive, are not redeemable prior to theirstated dates of maturity. Series 2006 Bonds or portions thereof maturing on July 1, 20 and thereafter are redeemable prior to their stated dates of maturity, at the option of the County as a whole or in part on July 1, 20 , or on any date thereafter, in such manner approved by the County, at a redemption price (expressed as a percentage of the principal amount thereof as set forth in the table below), together with accrued interest on the par amount so redeemed to the redemption date, if redeemed in the following periods: Redemption Period Redemption Price (both dates inclusive) (Percentage of Par). July 1, 20 and thereafter 100% Adjustment of Principal Amount After final computation of the bids, to achieve desired debt service levels, the County reserves the right either to increase or decrease any Principal Amount of the Series 2006 Bonds (or any Amortization Installment in the case of a Term Bond) shown on the schedule of Principal Amounts set forth above (the "Maturity Schedule"), by an amount not to exceed five percent (5%) of the stated amount of each such Principal Amount on the Maturity Schedule and correspondingly adjust the issue size, all calculations to be rounded to the nearest $5,000. In the event of any such adjustment in the Series 2006 Bonds, no rebidding or recalculation of the bid submitted with respect to such Series 2006 Bonds will be required or permitted. If necessary, the total purchase price of the Series 2006 Bonds will be increased or decreased in direct proportion to the ratio that the adjustment bears to the aggregate principal amount of the Series 2006 Bonds specified herein; and the Series 2006 Bonds of each maturity, as adjusted, will bear interest at the same rate and must have the same initial reoffering yields as specified in the bid of the Successful Bidder. However, the award will be made to the bidder whose bid produces the lowest true interest cost, calculated as specified below, solely on the basis of the bid for the Series 2006 Bonds offered pursuant to the Bid Maturity Schedule of the relevant series of Series 2006 Bonds, without taking into account any adjustment in the amount of Series 2006 Bonds set forth in the Bid Maturity Schedule. Designation of Term Bonds Bidders may specify that the annual Principal Amounts of the Series 2006 Bonds coming due in any two or more consecutive years may be combined to form one or more maturities of Series 2006 Term Bonds scheduled to mature in the last of such years with the preceding annual Principal Amounts for such years constituting mandatory Amortization Installments of Series 2006 Bonds to 3