Full Book Entry on Countywide Public Financing Authority (1996)

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DTC Participant, (ii) the payment by DTC or any DTC Participant of any amount in respect of the principal of, premium, if any, or interest on the Bonds, (iii) any consent given or other action taken by DTC as registered owner, or (iv) any other purpose. The Authority cannot and does not give any assurances that DTC, DTC Participants or others will distribute payments of principal of or interest on the Bonds paid to DTC or its nominee, as the registered owner, or any notices to the Beneficial Owners or that they will do so on a timely basis or will serve and act in a manner described in this Official Statement. The Authority is not responsible or liable for the failure of DTC or any DTC Participant to make any payment or give any notice to a Beneficial Owner with respect to the Bonds or any error or delay relating thereto. Mandatory Redemption from Optional Prepayment of Lease Payments The Bonds maturing on or after August 1, 2007 are subject to mandatory redemption as a whole or in part upon ninety(90) days written notice to the Trustee by a Member of its intention to optionally prepay its Lease Payments, on any date on or after August 1, 2006, from any available source of funds of the Member so electing to prepay, at the following redemption prices (expressed as a percentage of the principal amount of the Bonds to be redeemed), together with accrued interest thereon to the date fixed for redemption: Redemption Period Redemption Price August 1, 2006 through July 31, 2007 102% August 1, 2007 through July 31, 2008 101% August 1, 2008 and thereafter 100% Any such redemption shall be in such order of maturity as the Member electing to prepay its Lease Payments shall designate(and, if no specific order of redemption is designated by such Member, in inverse order of maturity); provided, however, that only Bonds in which such Member has an interest (see the percentage table under the caption "DEBT SERVICE FOR THE BONDS"herein)may be redeemed by such Member's election. Special Mandatory Redemption The Bonds are also subject to redemption as a whole, or in part on a pro rata basis among maturities, on any date, to the extent the Trustee has received title or hazard insurance proceeds or condemnation proceeds not used to repair or replace any portion of the Leased Premises of a Member damaged or destroyed and elected by such Member to be used for such purpose as provided in the Indenture, at a redemption price equal to one hundred percent (100%) of the principal amount of the Bond to be redeemed, plus interest accrued thereon to the date fixed for redemption, without premium. Notice of Redemption Notice of redemption must be mailed by first-class mail, postage prepaid, not less than thirty (30) nor more than sixty (60) days before any redemption date, to the respective registered owners of any Bonds designated for redemption at their addresses appearing on the registration books kept by the Trustee, and to the Securities Depositories and Information Services in accordance with the terms of the Indenture. Each notice of redemption must state the date of the notice, the redemption date, the place or places or redemption, whether less than all of the Bonds (or all Bonds of a single maturity) are to be redeemed, the CUSIP numbers and (in the event that not all Bonds within a maturity are called for redemption) Bond numbers of the Bonds to be redeemed, the maturity or maturities of the Bonds to be redeemed and in the 5