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RESOLUTION 94-002 SAFA <br />Page 3 <br /> <br />one time shall bear the same interest rate; and (v) the rate <br />specified for any given maturity of Series 1994 Bonds shall not <br />be greater than the rate specified for any subsequent maturity of <br />Series 199~Bonds. Any premium must be paid in immediately <br />available funds as part of the purchase price. <br /> <br />MATURITIES: The Series 1994 Bonds will be issued in the <br />following initial principal amounts (per $5,000 maturity amount): <br /> <br /> Annual Annual <br />Date Principal Date Principal <br />(September 1) Amount (September 1) Amount <br /> <br />1995 $ 2010 <br />1996 2011 <br />1997 2012 <br />1998 2013 <br />1999 2014 <br />2000 2015 <br />2001 2016 <br />2002 2017 <br />2003 2018 <br />2004 2019 <br />2005 " 2020 <br />2006 2021 <br />2007 2022 <br />2008 2023 <br />2009 2024 <br /> <br /> Bidders may specify that certain consecutive annual <br />amounts be accumulated into one or more term bond maturities to <br />be redeemed or paid at maturity from mandatory sinking fund <br />account payments in the amounts and on the date of such annual <br />amounts, but (i) any annual amounts not so accumulated will <br />mature on the respective dates for the payment of such amounts; <br />and (ii) the annual amount for any given year may not be divided <br />between a maturity and sinking fund account payment. <br /> <br />REDEMPTION: The Series 1994 Bonds maturing on or after September <br />1, 2004 are subject to optional redemption on September 1, 2003, <br />and on any date thereafter, in whole or in part by such <br />maturities as shall be determined by the Authority and by lot <br />within a maturity, at the following redemption prices (expressed <br />as a percentage of the principal amount of the Series 1994 Bonds <br />to be redeemed) together with accrued interest thereon to the <br />redemption date: <br /> <br /> <br />