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<br />those certain costs set forth in Section l33.l5(B), Ohio Revised Code, including
<br />without limitation, financing costs.
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<br />(c) Interest Rate and princioal Maturities. The Bonds shall bear
<br />interest at the rate or rates per annum, payable on each Interest Payment Date,
<br />determined in the certificate of Award in accordance with the Series Legislation
<br />and shall mature on December 1 in the years and in the principal amounts as shall
<br />be provided for in the Series Legislation which amounts may be determined in the
<br />Invitation for Bids provided, however, that the aggregate Bond Service Charges
<br />payable in each Bond Year in which principal is payable shall be not more than.
<br />three times the Bond Service Charges payable in any other Bond Year in which
<br />principal is payable.
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<br />(d) Redemotion and Notice Thereof. If fewer than all outstanding
<br />Bonds of a series are called for optional redemption at one time, the Bonds of
<br />such series shall be called in inverse order of the maturities designated by the
<br />Issuer for redemption. If fewer than all of the Bonds of a single maturity are
<br />to be redeemed, the selection of Bonds, or portions thereof in amounts of $5,000
<br />or any integral multiple thereof, to be redeemed will be made by the Fiscal Agent
<br />by lot in such manner as the Fiscal Agent may determine. In the case of a
<br />partial redemption of Bonds by lot when Bonds of denominations greater than
<br />$5,000 are then outstanding, each $5,000 unit of principal thereof shall be
<br />treated as though it were a separate Bond of the denomination of. $5,000. If it
<br />is determined that one or more, but not all of the $5,000 units of principal
<br />amount represented by a Bond are to be called for redemption, then upon notice
<br />of redemption of a $5,000 unit or units, the aolder of that Bond shall surrender
<br />the Bond to the Fiscal Agent (a) for payment of the redemption price of the
<br />$5,000 unit or units called for redemption (including without limitation, the
<br />interest accrued to the date fixed for redemption and any premium) and (b) for
<br />issuance, without charge to the Holder thereof, of a new Bond or Bonds of the
<br />same series, of any authorized denomination or denominations in an aggregate
<br />principal amount equal to the unmatured and unredeemed portion of, and bearing
<br />interest at the same rate and maturing on the same date or dates as, the Bond
<br />surrendered.
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<br />The Fiscal Agent shall give notice of call for redemption as provided
<br />for in this General Bond Legislation. If any of the Bonds are called for
<br />redemption, the notice of the call for redemption of Bonds shall identify (i) by
<br />designation, letters, numbers or other distinguishing marks, such Bonds or
<br />portions thereof to be redeemed, (ii) the redemption price to be paid, (iii) the
<br />date fixed for redemption, and (iv) the place or places where the amounts due
<br />upon redemption are payable,
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<br />The Fiscal Agent shall cause notice of the call for redemption,
<br />identifying the Bonds or portions thereof to be redeemed, to be sent by
<br />first-class mail, postage prepaid, at least 30 days prior to the date set for
<br />redemption, to the Holders thereof at the address shown on the registratiol1 books
<br />fifteen days prior to the mailing. Any defect in the notice or any failure to
<br />receive notice by mailing will not affect the validity of any procee<Ungs for the
<br />redemption of any Bonds. On the date designated for redemption, any Bond sO
<br />called for redemption shall become due and payable and if on the redemption date
<br />the moneys for the redemption thereof are held by the Fiscal Agent, thereafter
<br />those Bonds or portions thereof to be redeemed shall cease to bear interest, and
<br />shall cease to be secured by, and shall not be deemed to be outstanding under,
<br />this General Bond Legislation and the applicable Series Legislation.
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<br />All moneys deposited with and held by the Fiscal Agent for the
<br />redemption of particular Bonds shall be held in trust for the account of the
<br />aolders thereof and shall be paid to them, respectively, upon presentation and
<br />surrender of those Bonds.
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