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. . . issued pursuant to this Resolution shall be of a denomination which is $5,000 or a whole multiple thereof and shall be of the same issue. Section lO. Bond Register. The Fiscal Agent will keep at its principal office in the City of Los Angeles, California, or at such other place in California as the Agency may approve, sufficient books for the registration and transfer of the Bonds. The books shall at all times be open to inspection by the Bond Insurer and the Agency; and, upon presentation for such purpose, the Fiscal Agent shall under such reasonable regulations as it may prescribe, register or transfer, or cause to be registered or transferred, on the register, the Bonds as hereinbefore provided. Section ll. Call and Redemption and Purchase of Bonds Prior to Maturity. The Bonds maturing on or before January 1, 1994, are not subject to call and redemption prior to maturity. A. Optional Redemption. The Bonds maturing on or after January l, 1995, may be called before maturity and redeemed at the option of the Agency, in whole from the proceeds of refunding bonds and other available funds, or in whole or in part from any other source of funds, on July 1, 1994 or on any interest payment date thereafter, prior to maturity, in inverse order of maturity and by lot within any maturity. The interest payment date on which Bonds are to be presented for redemption is sometimes referred to as the "redemption date." Bonds called for redemption shall be redeemed at the redemption prices (expressed as a percentage of the principal amount of Bonds to be redeemed) plus accrued interest to the redemption date,as shown in the following table: Redemption Dates Redemption Price July 1, July 1, July 1, July 1, July 1, or January 1, 1994 or January 1, 1995 or January 1, 1996 or January 1, 1997 and thereafter l02 % 10ll/2% 10l % 100 l/2% 100 % 1994 1995 1996 1997 1998 B. Special Early Red~mption. The Special Term Bonds are subject to special early redemption in whole or in part, by lot at a redemption price of lOO% of the principal amount thereof plus accrued interest to the redemption date without premium, (i) on January l, 1989 to the extent of any moneys remaining in the Escrowed Proceeds Fund; (ii) on any interest payment date prior to January l, 1989 in the event that state law is modified to alter the generation of Pledged Tax Revenues in a manner that lowers Pledged Tax Revenues to the level that the Agency and Fiscal Agent determine will prohibit the transfer of all funds from the Escrowed Proceeds Fund; and (iii) on the 11-30-84 1282p/2281/04 -9-