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Mandatory Redemption <br />The term bonds maturing on September 1, 2006 shall be subject <br />to mandatory redemption and shall be callable by lot at par plus <br />accrued interest on September 1 in the following amounts in the <br />following years: <br />September 1 of <br />Year Principal Amount <br />2002 $ 195,000 <br />2003 210,000 <br />2004 220,000 <br />2005 235,000 <br />2006 (maturity) 250,000 <br />The term bonds maturing on September 1, 2011 shall be subject to <br />mandatory redemption and shall be callable by lot at par plus accrued <br />interest on September 1 in the following amounts in the following <br />years: <br />September 1 of <br />Year Principal Amount <br />2007 $ 270,000 <br />2008 290,000 <br />2009 305,000 <br />2010 330,000 <br />2011 (maturity) 350,000 <br />The term bonds maturing on September 1, 2016 shall be subject to <br />mandatory redemption and shall be callable by lot at par plus accrued <br />interest on September 1 in the following amounts in the following <br />years: <br />September 1 of <br />Year Principal Amount <br />2012 $ 375,000 <br />2013 400,000 <br />2014 430,000 <br />2015 455,000 <br />2016 (maturity) 490,000 <br />