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in the aggregate respective principal amounts and on January I in the respective years set forth in the following table, or in lieu thereof may be purchased as described in clause (h) below. If some but not all of the Series 2019 Bonds have been redeemed as described in Section 2.02(b) below, the total amount of all future sinking account payments with respect to the Series 2019 Bonds of a particular maturity will be reduced by the aggregate principal amount of Series 2019 Bonds of such maturity so redeemed or purchased, to be allocated among such sinking fund payments in integral multiples of $5,000 as determined by the City. The sinking account payments applicable to the Series 2019 Bonds maturing January 1, are as follows: Series 2019 Bonds Maturing January 1, Sinking Fund Account Redemption Date Sinking Fund Payment (January 1) Redeemed or Purchased (b) Optional Redemption. The Series 2019 Bonds maturing on or before January 1, are not subject to optional redemption prior to maturity. The Series 2019 Bonds maturing on January 1, and thereafter are subject to redemption prior to their stated maturity at the option of the City, as a whole or in part on any date, by such maturities as are selected by the City from any available source of funds on or after January 1, at a redemption price equal to the principal amount of the Series 2019 Bonds to be redeemed, together with accrued interest thereon to the date fixed for redemption. The City shall provide the Trustee a written request of its intention to redeem Series 2019 Bonds under this subsection (b), and the manner of selecting such Series 2019 Bonds for redemption from among the maturities thereof and the redemption price thereof, at least 45 days prior to the redemption date. (c) Selection of Series 2019 Bonds for Redemption. Whenever provision is made in Section 2.02 of this Indenture for the redemption of less than all of the Series 2019 Bonds of any series, the Trustee shall select the Series 2019 Bonds to be redeemed from all Series 2019 Bonds or such given portion thereof not previously called for redemption, among maturities as directed by the City and by lot within a maturity in any manner which the Trustee in its sole discretion shall deem appropriate and fair; provided, however, that if less than all of the Series 2019 Bonds are called for redemption at any one time, upon the written direction of the City, the City shall specify a reduction in any pending Sinking Account payments for such Series 2019 Bonds required to be made hereunder. 55394.00055\32329348.3 554-2 V