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<br />The sched~le with respect to the Term Bonds maturing on July 1, 2000, is
<br />as follows:
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<br />Year ~ ~ ~
<br />1992 $ 170,000 1997 $ 265,000 .
<br />1993 185,000 1998 295,000
<br />1994 205,000 1999 320.000
<br />1995 225,000 2000 (Maturity) 350,000
<br />1996 245,000
<br />
<br />(B) The Term Bonds shall be subject to redemption in part by lot by
<br />operation of Sinking Fund Installments as provided in the Resolution, upon
<br />notice as provided in Article IV of the Resolution, on July 1, 1995, and on
<br />each July 1 thereafter to and including July 1, 2010, with respect to the
<br />Terms Bonds maturing on July 1, 2011, all as herein provided, at the
<br />Redemption Price equal to the principal amount of each Bond or portion thereof
<br />to be redeemed, together with accrued interest to the date of redemption,
<br />without premium. Unless none of the Term 80nds shall then be Outstanding, the
<br />Agency shall be required to pay on July 1 of each year set forth in the
<br />following schedule, for the retirement of the Term Bonds, the amount set
<br />opposite such year of said schedule, and the amount so to be paid on each such
<br />date is hereby established as and shall constitute a Sinking Fund Installment
<br />for retirement of the Term Bonds; provided, however, that, if any Term Bonds
<br />have been purchased or redeemed from moneys in the Prior Redemption Fund, the
<br />amount of each future Sinking Fund Installment shown will be reduced on a pro
<br />rata basis, in $5,000 increments, such that the total amount of such reduction
<br />shall equal the amount of each such purchase and redemption.
<br />
<br />The schedule with respect to the Term Bonds maturing on July 1, 2011, is
<br />as follows:
<br />
<br />~ Amount ~ Amoun t
<br />200l $ 385,000 2007 $ 670,000
<br />2002 420,000 2008 740,000
<br />2003 465,000 2009 810,000
<br />2004 510,000 2010 890,000
<br />2005 560,000 2011 (Maturity) 975,000
<br />2006 610,000
<br />
<br />In the event of the redemption of any or all of the Bonds, notice of such
<br />redemption (i) shall be given by publication at least once in a newspaper of
<br />general circulation or financial paper in the City of Los Angeles, California,
<br />
<br />iv.
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