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FROM 9 M 0 904 224 1544 4.12.1993 20147 P.24 <br />year, such excess of Series 1993A Term Bonds so purchased or <br />redeemed shall be credited against subsequent mandatory redemption <br />of the Series 1993A Term Bonds at such times and amounts as the <br />county may direct. To the extent the County's obligation to make <br />installments in a particular year is fulfilled through such <br />purchases, the likelihood of redemption through such installments <br />of any Owner's Series 1993A Bonds of the maturity so purchased will <br />be reduced for such year. <br />Optional Redemption <br />The Series 1993A Bonds maturing on or prior to September 1, <br />2009, shall not be subject to redemption prior to their respective <br />dates of maturity. The Series 1993A Bonds stated to mature on or <br />after September 1, 2009, are subject to redemption at the option of <br />the County in whole or, from time to time, in part, on September 1, <br />2008, or on any date thereafter at the respective redemption prices <br />set forth below expressed as percentages of the principal amount to <br />be redeemed, plus accrued interest to the date of redemption. <br />Rede »tion Period Redemation price <br />September 1, 2008 through August 310 2009 1024' <br />September 1, 2009 through August 31, 2010 101% <br />September 1, 2010 and thereafter 100% <br />If fewer than all of the Series 1993A Bonds are to be so <br />redeemed, the County may select the maturity or maturities to be <br />redeemed. if fewer than all of the Series 1993A Bonds of any <br />particular maturity are to be redeemed, the Bond Registrar will <br />select by lot the particular Series 1993A Bonds or portions of <br />Series 1993A Bonds of such maturity to be redeemed. The portion of <br />any Series 1993A Bond of a denomination of more than $5,000 to be <br />redeemed will be in the principal amount of $5,000 or an integral <br />multiple of that sum. <br />The Series 19938 Bonds shall not be subject to optional <br />redemption prior to maturity. <br />Rxtraordinary Xandatory Redemption <br />The Series 1993B Bonds are subject to extraordinary mandatory <br />redemption in whole or in part, on any payment date, from moneys <br />received on prepayments of the 1989 Special Assessments and the <br />1990 Special Assessments, as defined herein, at a redemption price <br />equal to the principal amount due thereon plus accrued interest. <br />The Series 19938 Bonds will be selected for extraordinary mandatory <br />redemption in ascending order of maturities and, if redeemed in <br />part, by lot within maturities. <br />It is possible that substantial prepayments could occur, which <br />result in a significant portion of the Series 19938 Bonds being <br />-8-3- <br />