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Maturity Date Retirement Date September 1 Principal Amount September 1 1993 $ 170,000 Maturity 1994 180,000 Maturity 1995 195,000 Maturity 1996 215,000 1995 1997 230,000 1995 2000 825,000 1995 2002 685,000 1995 2005 1,275,000 1995 The Series 1985 Bonds to be retired at maturity shall be retired at par plus accrued interest to the maturity date. The Series 1985 Bonds to be retired prior to maturity by optional redemption on September 1, 1995 shall be retired at the price of 1028 of par, plus accrued interest to the redemption date. The retirement of all of the outstanding Series 1987 Bonds is hereby authorized. The Series 1987 Bonds maturing before September 1, 1998 shall be retired at maturity at the price of par, plus accrued interest to the maturity date. The Series 1987 Bonds maturing on or after September 1, 1998 shall be retired on September 1, 1997, the earliest optional redemption date, at the price of 1028 of par, plus accrued interest to the redemption date. The County shall provide for said retirements by: (a) transferring to the Escrow Agent, to be named by subsequent resolution of the Board, from the Sinking Fund the amount therein allocable to the Series 1985 Bonds and the Series 1987 Bonds to be retired; (b) transferring to the Escrow Agent from the Reserve Account an amount, if any, to be specified by subsequent resolution of the Board; (c) depositing with the Escrow Agent an amount from the proceeds of the sale of the 1992 Bonds to be specified by subsequent resolution of the Board; and (d) depositing with the Escrow Agent an amount, if any, from other funds of the County to be specified by subsequent resolution of the Board, which amounts, in the aggregate, together with the interest to be earned thereon, when invested as provided in the Escrow Agreement hereinafter mentioned, shall be sufficient to provide for timely payment for said retirements. The County shall enter into an Escrow Agreement with the Escrow Agent substantially in the form to be approved by subsequent resolution of the Board providing for said retirements. The amount transferred to the Escrow Agent from the Sinking Fund and the Reserve Account shall be used only for the purpose of paying the interest on and principal of the Series 1985 Bonds and the Series 1987 Bonds to be retired which first becomes payable. SECTION 6. AMENDMENTS TO RESOLUTION NO. 85-126. The following amendments are made to Resolution No. 85-126 of the County: A. The schedule of years and amounts in SECTION 1.(c) is replaced by the following: YEAR AMOUNT 1998 $280,000 1999 300,000 2000 330,000 B. The schedule of years and amounts in SECTION 1.(d) is replaced by the following: