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date thereafter prior to maturity, at a redemption price equal to the principal amount thereof plus the following premiums (percentage of par value) if redeemed at the following times: REDEMPTION DATES AND PREMIUMS On or After And Prior to On or After And Prior to Jiffy 1 Jiffy 1 premium July 1 July 1 Premium 1972 1974 4 % 1983 1984 1 1974 1976 3~ 1984 1985 1 1976 1977 314 1985 1986 1977 1978 3~ 1986 1987 1 1978 1979 3 1987 1988 1979 1980 2~ 1988 1989 1980 1981 2~ 1989 1990 1981 1982 2~A 1990 Maturity 0 1982 1983 2 All or any of the bonds subject to call may be called for redemption at any one time. If less than all of the bonds are redeemed at any one time, such bonds shall be redeemed only by lot. The in- terest payment date on which bonds are to be presented for redemption is hereinafter sometimes called the "redemption date." (a) Notice of Redemption. Notice of the intended redemption shall be published by one in- sertion in a newspaper of general circulation in the County of Orange, California, and in a financial newspaper or journal of national circulation published in the City of New York, New York, said publications to be at least 30 days but not more than 60 days prior to the redemption date. The notice of redemption shall (a) state the redemption date; (b) state the redemption price; (c) state the numbers and date of maturity of the bonds to be redeemed, provided, however, that whenever any call includes all of the outstanding bonds subject to call the numbers of the bonds need not be stated; (d) require that such bonds be surrendered with all interest coupons maturing subsequent to the redemption date (except that no coupons need be surrendered on bonds registered as to both principal and interest) at the office of the Director of Finance of the City of Santa Aha, in said city, or, at the option of the holder, at any paying agent of the district in Los Angeles or San Francisco, California, Chicago, Illinois, or in New York, New York; (e) require that bonds which at the time of call are registered so as to be payable otherwise than to bearer shall be accompanied by appropriate instruments of assignment duly executed in blank; and (f) give notice that further interest on such bonds will not accrue after the designated redemption date. The Director of Finance shall, on or before the date of publication of said notice of redemp- tion, mall a similar notice, postage prepaid to any person, firm or corporation that originally pur- chased bonds from the city. If any of the bonds designated for redemption shall be registered so as to be payable otherwise than to bearer, the Director of Finance shall, on or before the date of publication of said notice of redemption, mail a similar notice, postage prepaid, to the respective registered owners thereof at the addresses appearing on the bond registry books. The actual receipt by the holder of any bond (hereinafter referred to as "bondholder") of notice of such redemption shall not be a condition precedent to redemption, and failure to receive such notice shall not affect the validity of the proceedings for the redemption of such bonds or the cessation of interest on the date fixed for redemption. The notice or notices required by this sec- tion shall be given by the Director of Finance. A certificate by the Director of Finance that notice of call and redemption has been given to original purchasers and to holders of registered bonds as herein provided shall be conclusive as against all parties, and no bondholder whose bond or