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<br /> �.s" ARTICLL III �
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<br /> ,, �� � � R�DEMPTION OP' BONDS � E , - ;
<br /> ``i' ` BBPORli MATURITY
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<br /> � � . . � SeCI.�.�n 1 . � • . � G
<br /> , ( a ) 1976 Series IIonds numbered 156 to 300 , both 4
<br /> ;�
<br /> inclusive , . are subject to redemption by the County at its option �
<br /> , ` .
<br /> � �
<br /> � prior to maturity on September 1 , 1986 , or on any interest payment i
<br /> ''� date thereafter , in whole or in part , at the redemption prices set %
<br /> A�i
<br /> �� forth below ( stated as percentages of the principal amount of the ;
<br /> � Bond redeemed ) plus accrued interest to the date fixed for redemp-
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<br /> tlOri : � ;
<br /> r �
<br /> � Redemption Dates Redemption S .
<br /> � ( Both Dates Inclusive ) Premium ;
<br /> � September 1 , 198G to August 31 , 1937 109 �a � -
<br /> ;� 5eptember l , 1987 to August 31 , 198d 103 % ;
<br /> ?j September 1 , 1988 to August 31 , 1989 102E �
<br /> ,:� 5eptember l , 1989 to Auyust 31 , 1990 101b � '
<br /> �; September 1 , 1990 and thereafter 100 � . '
<br /> If less than all of the 1976 Series Boncls so subject to reclemption
<br /> ' ,j� s
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<br /> � a;� are redeemed at any one time , the 197G Series IIonds skiall be redeemed �
<br /> `� ; .
<br /> ,. ,�i in inverse numerical order .
<br /> °4 ( b ) In addition to the redemptions under ( a ) above , all
<br /> ';:
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<br /> _ .� of the 1976 Series Bonds shall be subject to redemption , in whole ,
<br /> ;� on any date , prior to Sepkember 1 , 198G ; at the principal amount
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<br /> z tnereof , plus accrued interest to the date fixed L-or redemption ,
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<br /> a plus a redemption premium of 4 � of the principal amount of each Bond
<br /> r � in the event of purchase of the Project by Lessee under the pro-
<br /> %`+ visions of Section 21 . 1 of the Lease and Ayreement , which relate to
<br /> $`.� .
<br /> , damage to or condemnation of the Project , changes in law or judgment
<br /> �w�
<br /> ' of any court making the Lease and Agreement void or imposing un -
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<br /> � ; reasonable burdens or enjoining the Project or operation thereof ;
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<br /> '1 rovided , however , an}� redemption hereunder on or after Se� tember 1 ,
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<br /> r " :; 1986 sha11 be at the redemption prices provided for in ( a ) above .
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