Resolution No. 4539 - Laserfiche WebLink

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authorized denominations in the manner and subject to the conditions set forth in the Resolution. The Bonds maturing on January 1, ~ are subject to mandatory redemption on January 1 in each of the years and in the principal amounts set forth below, any such redemption to be at a price equal to 100 percent of the principal amount to be redeemed plus accrued and unpaid interest thereon to the date fixed for redemption. The particular Bonds to be redeemed on each such date shall be selected by lot in such manner as the Registrar shall determine. Year Amount $ The City reserves the right to redeem all or any portion of the Bonds maturing after January 1, 2003, in by lot on January 1, 2003, and on any interest payment date thereafter, at par plus accrued interest to the date fixed for redemption. Amounts paid to redeem Bonds by optional redemption will be applied to reduce the amount of Bonds subject to mandatory redemption in order of scheduled mandatory redemption. Notice of any call for redemption shall be given as required by the Letter of Representations to The Depository Trust Company, as referenced in the Bond Resolution. Interest on any Bond or Bonds so called for redemption shall cease on the redemption date designated in the notice. The Issuer's paYing agent and registrar, which is currently BNY Western Trust Company, in Seattle, Washington (the "Registrar"), will notify The Depository Trust Company promptly of any Bonds called for redemption. Any transfer of this Bond must be registered, as provided in the Resolution, upon the bond register kept for that purpose at the principal corporate trust office of the Registrar. This Bond may be registered only by surrendering it, together with a written instrument of transfer which is satisfactory to the Registrar and which is executed by the registered owner or his duly authorized attorney. Upon registration, a new registered Bond or Bonds, of the same series and maturity and in the same aggregate principal amount, shall be issued to the transferee as provided in the Resolution. The City and the Registrar may treat the person in whose name this Bond is registered on the bond register as its absolute owner for all purposes, as provided in the Resolution. The Bonds are initially issued as a book-entry-only security issue with no certificates provided to the Bondowners. Records of Bond ownership will be maintained by the Registrar and The Depository Trust Company and its participants. Page 3 - Exhibit B J:\RDR\EUGENE.Cfl\ADV-REF.97\RES.DOC