1984-17 CRA - Laserfiche WebLink

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. . - set forth in the Resolution. Said Resolution is adopted under and this Bond is issued under and is to be construed in accordance with the laws of the State of California. The outstanding Bonds maturing on or after, , may be called before maturity and redeemed at the option of the Agency in whole or in part from any source of funds on , ----' or on any interest payment date thereafter prior to maturity. If less than all of the Bonds outstanding are to be redeemed at anyone time, the Bonds to be redeemed shall be redeemed in inverse order of maturity, and by lot within a maturity. Bonds called for redemption shall be redeemed at a redemption price for each redeemed bond equal to the principal amount thereof, pIus a premium (percentage of principal amount) of one quarter of one percent for each year or fraction of a year between the redemption date and the maturity date of the Bonds. The Bonds are also subject to mandatory redemption prior to maturity at par, without premium, in whole or in part, in inverse order of maturity and by lot within a maturity on , or on any interest payment date thereafter to the extent of excess Tax Revenues in the Special Fund, as defined in the Resolution, provided such Tax Revenues are not otherwise released to the Agency pursuant to the Resolution for application in accordance with the Community Redevelopment Law, all as more fully provided in the Resolution. Notice of call and redemption prior to maturity shall be given as provided in the Resolution. This Bond is issued in fully registered form and is non-negotiable. It may be exchanged for a like aggregate principal amount of Bonds of other authorized denominations of the same issue, all as more fully set forth in the Resolution. This Bond is transferable by the registered owner hereof, in person or by his attorney duly authorized in writing, at the principal office of the Fiscal Agent in Los Angeles, California, but only in the manner, subject to the limitations and upon payment of the charges provided in the Resolution, upon surrender and cancellation of this Bond. Upon such transfer a nëw registered Bond of authorized denomination or denominations for the same aggregate principal amount of the same issue will be issued to the transferee in exchange therefor. The Agency, the Fiscal Agent and any Paying Agent may treat the registered owner hereof as the absolute owner hereof for all purposes, and the Agency, the Fiscal Agent and any Paying Agent shall not be affected by any notice to the contrary. 0715p/2281/04 -3-