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<br />': " <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />option of the Agency, in whole from the proceeds of refunding <br />bonds and other available funds, or in whole or in part from <br />any other source of funds on the date established therefor by <br />resolution of the Agency adopted prior to delivery of the Bonds <br />or on any interest payment date thereafter, prior to maturity, <br />in inverse order of maturity and by lot within any maturity. <br />Bonds called for redemption shall be redeemed at a redemption <br />price for each redeemed Bond equal to its principal amount, <br />plus accrued interest to the redemption date plus a premium set <br />forth in a resolution of the Agency: <br /> <br />B. Redemption By Operation of Sinking Account <br />Installments. Bonds are subject to mandatory redemption by <br />lot in part from sinking fund installments at a redemption <br />price equal to 100% of the principal amount of the Bond plus <br />accrued interest, if any, to the redemption date without <br />premium. The Sinking Account Payments shall be made as <br />provided in Section l5(c) in an amount sufficient to redeem the <br />principal amount of Term Bonds as established by resolution of <br />the Agency: <br /> <br />All Bonds, or parts thereof, as the case may be, <br />redeemed pursuant to the provisions of this Section and the <br />appurtenant coupons, if any, shall be cancelled upon surrender <br />thereof and delivered to, or destroyed upon the order of, the <br />Agency. <br /> <br />C. Call and Redemption; Notice of Redemption. The <br />Agency may (and, if required by Section 15 hereof, shall) by <br />resolution direct the call and redemption prior to maturity of <br />Bonds by the Fiscal Agent in such amounts as there are funds <br />available for use in redemption and shall give notice to the <br />Fiscal Agent of the redemption at least sixty (60) days prior <br />to the redemption date. <br /> <br />Notice of redemption prior to maturity (except as <br />provided below) shall be given by publication at least once <br />prior to the redemption date in a financial newspaper or <br />journal, printed in the English language, of general <br />circulation in Los Angeles, California and in the Bond <br />Buyer or other financial paper or newspaper circulated in and <br />customarily published on each business day in the City of New <br />York, New York. The publication shall not be less than thirty <br />(30) nor more than sixty (60) days prior to the redemption <br />date. In the case of refunding, notice shall also be given as <br />provided in Section 3 above. Notice of redemption shall also <br />be mailed not less than thirty (30) nor more than sixty (60) <br />deys prior to the redemption date, (i) to the original <br />purchaser(s) of the Bonds (in the case of a syndicate, to the <br />manager thereof) and to any other Bondholder who files his name <br />and address with the Fiscal Agent for the purpose of receiving <br />notice, and (ii) if any Bond called for redemption is a Fully <br /> <br />02-22-83 <br />4l41P/2306/00 <br /> <br />3A <br /> <br />-10- Ir--~ '7 <br />