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<br />. <br /> <br />. <br /> <br />. <br /> <br />Registered Bond, to the registered owner of each such Bond. <br />Neither the failure to mail the notice nor any defect in any <br />notice mailed shall affect the sufficiency of the proceedings <br />for the redemption of any Bonds. The notice of redemption <br />shall (a) state the redemption date; (b) state the redemption <br />price; (c) state the numbers of the Bonds to be redeemed; <br />provided, however, that whenever any call for redemption <br />includes all of the outstanding Bonds, the numbers of the Bonds <br />need not be stated; (d) require that Bearer Bonds be <br />surrendered with all interest coupons maturing subsequent to <br />the redemption date at the place or places of redemption; (e) <br />state, as to any Fully Registered Bonds redeemed in part only, <br />the Registered Bond numbers and the principal portion thereof <br />to be redeemed; and (f) state that interest on the principal <br />portion of the Bonds designated for redemption shall cease to <br />accrue from and after the redemption date and that on the <br />redemption date there shall become due and payable on each of <br />such Bonds the redemption price for each Bond. If. at the time <br />of giving notice of redemption, no Bonds are outstanding except <br />Fully Registered Bonds, publication of the notice shall be <br />deemed to have been waived if notice shall have been mailed by <br />registered or certified mail to each registered owner of the <br />Bonds at his address as it appears on the register or at an <br />address as he may have filed with the Fiscal Agent for that <br />purpose. <br /> <br />The actual receipt by the Holder of any Bond of notice <br />of redemption shall not be a condition precedent to redemption, <br />and failure to receive notice shall not affect the validity of <br />the proceedings for the redemption of the Bonds or the <br />cessation of interest on the redemption date. Notice of <br />redemption of Bonds shall be given by the Fiscal Agent and on <br />behalf of the Agency at the expense of the Agency. <br /> <br />A certificate by the Fiscal Agent that notice of <br />redemption has been given in accordance with this Resolution <br />shall be conclusive as against all parties. and no Bondholder <br />whose Bearer Bond or Fully Registered Bond is called for <br />redemption may object to the redemption or the cessation of <br />interest on the redemption date by claiming or showing that he <br />failed to receive actual notice of call and redemption. <br /> <br />D. Redemption Fund. Prior to the publication as <br />required above, the Fiscal Agent shall establish, maintain and <br />hold in trust a separate fund which is hereby created for the <br />purpose of this Resolution entitled "Community Redevelopment <br />Agency of the City of Santa Ana, Redevelopment Project Area Tax <br />Allocation Refunding Bonds, 1983, Redemption Fund" (hereinafter <br />referred to as the "Redemption Fund") and an account therein, <br />namely the Optional Redemption Account. There shall be set <br />aside in the Optional Redemption Account prior to publication <br />of redemption, and in the Term Bond Sinking Account on or prior <br /> <br />02-22-83 <br />4141P/2306/00 <br /> <br />SA <br /> <br />-11- A.~~ <br />