<br />'1
<br />2
<br />8
<br />4
<br />5
<br />6
<br />7
<br />8
<br />9
<br />10
<br />11
<br />12
<br />13
<br />14
<br />15
<br />16
<br />17
<br />18
<br />19
<br />20
<br />21
<br />22
<br />823
<br />24
<br />25
<br />2&
<br />27
<br />28
<br />29
<br />30
<br />31
<br />32
<br />33
<br />34
<br />35
<br />38
<br />37
<br />38
<br />39
<br />40
<br />41
<br />42
<br />43
<br />
<br />8:
<br />
<br />46
<br />47
<br />48
<br />49
<br />50
<br />51
<br />52
<br />53
<br />54
<br />55
<br />56
<br />57
<br />58
<br />59
<br />60
<br />61
<br />62
<br />63
<br />64
<br />865
<br />66
<br />87
<br />68
<br />68
<br />70
<br />71
<br />72
<br />73
<br />74
<br />75
<br />
<br />I
<br />
<br />Proof 01 Fobr.ary 16, 1978
<br />
<br />SANTA ANA-7923
<br />
<br />Bowne of San Francisco, Inc., 981-7882
<br />
<br />GALLEY 7-
<br />
<br />terest thereon, and any premiums upon the redemp-
<br />tion thereof prior to maturity are payable at the Los
<br />Angeles, California, principal office of the Fiscal
<br />Agent, United California Bank (Trust Division);
<br />or, at the option of the holder, at Manufacturers
<br />Hanover Trust Company, New York City; or North-
<br />ern Trust Company, Chicago, Illinois.
<br />
<br />SCHEDULE OF MATURITIES
<br />
<br />Maturity Maturity Principal
<br />Dale Principal Dale
<br />April 1 Amount April 1 Amounl
<br />1979 ." $ 225,000 1992 ". $ 520,000
<br />1980 .. 240,000 1993 ". 555,000
<br />1981 .. 260,000 1994 .. 590,000
<br />1982 .. 275,000 1995 " 625,000
<br />1983 " 295,000 1996 ". 670,000
<br />1984 .. 315,000 1997 ". 715,000
<br />1985 ." 335,000 1998 ". 760,000
<br />1986 .. 355,000 1999 ". 810,000
<br />1987 .. 380,000 2000 .. 860,000
<br />1988 .. 405,000 2001 ". 915,000
<br />1989 .. 430,000 2002 .. 980,000
<br />1990 .. 455,000 2003 .. 1,045,000
<br />1991 " 485,000
<br />
<br />Registration
<br />
<br />The Bonds will be issued as coupon bonds ex-
<br />changeable for fully registered bonds, at the holders'
<br />option, with the privilege of exchange as set forth
<br />in the Resolution.
<br />
<br />Redemption Provisions
<br />
<br />Bonds maturing on or prior to April I, 1989, a
<br />total principal amount of $3,515,000, are not subject
<br />to call or redemption prior to their respective matur-
<br />ity dates. Bonds maturing on or after April I, 1990,
<br />a total principal amount of $9,985,000, are subject
<br />to call and redemption as a whole or in part in
<br />inverse order of maturity and by lot within a single
<br />maturity at the option of the Agency, from any avail-
<br />able source of funds, on April 1, 1989 or on any
<br />interest payment date thereafter, upon payment of
<br />accrued interest to the date of redemption and a
<br />premium equal to one-quarter of one percent for
<br />each year or portion of a year from the redemption
<br />date to the maturity date, said premium not to ex-
<br />ceed three percent (3%). Notice of redemption
<br />shall be given as provided in the Resolution.
<br />
<br />Legal Opinion
<br />
<br />The opinion of O'Melveny & Myers, Los Angeles,
<br />California, Bond Counsel, attesting to the validity of
<br />the Bonds, will be supplied free of charge to the
<br />original purchaser of the Bonds. A copy of the legal
<br />opinion, certified by the official in whose office the
<br />original is filed, will be printed on each Bond without
<br />charge to the purchaser.
<br />
|