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?- ? <br />the selection of Bonds of that maturity to be redeemed, or portions <br />thereof in amounts of $5,000 or any integral multiple thereof, shall be <br />made by the Bond Registraz by lot in a manner determined by the <br />Bond Registrar. In the case of a partial redemption of Bonds by lot <br />when Bonds of denominations greater than $5,000 aze then <br />outstanding, each $5,000 unit of principal thereof shall be treated as if <br />it were a separate Bond of the denomination of $5,000. If it is <br />determined that one or more, but not all, of the $5,000 units of <br />principal amount represented by a Bond are to be called for <br />redemption, then, upon notice of redemption of a$5,000 unit or units, <br />the registered owner of that Bond shall surrender the Bond to the <br />Bond Registrar (i) for payment of the redemption price of the $5,000 <br />unit or units of principal amount called for redemption (including, <br />without limitation, the interest accrued to the date fixed for <br />redemption and any premium), and (ii) for issuance, without charge to <br />the registered owner, of a new Bond or Bonds of any Authorized <br />Denomination or Denominations in an aggregate principal amount <br />equal to the unmatured and unredeemed portion of, and bearing <br />interest at the same rate and maturing on the same date as, the Bond <br />surrendered. <br />(iv) Notice of Redemption. The notice of the call for <br />redemption of Bonds shall identify (A) by designation, letters, <br />numbers or other distinguishing marks, the Bonds or portions thereof <br />to be redeemed, (B) the redemption price to be paid, (C) the date fixed <br />for redemption, and (D) the place or places where the amounts due <br />upon redemption are payable. The notice shall be given by the Bond <br />Registrar on behalf of the City by mailing a copy of the redemption <br />notice by first class mail, postage prepaid, at least 30 days prior to the <br />date fixed for redemption, to the registered owner of each Bond <br />subject to redemption in whole or in part at the registered owner's <br />address shown on the Bond Register maintained by the Bond <br />Registrar at the close of business on the fifteenth day preceding that <br />mailing. Failure to receive notice by mail or any defect in that notice <br />regarding any Bond, however, shall not affect the validity of the <br />proceedings for the redemption of any Bond. <br />(v) Poment of Redeemed Bonds. In the event that notice of <br />redemption shall have been given by the Bond Registrar to the <br />registered owners as provided above, there shall be deposited with the <br />Bond Registrar on or prior to the redemption date, moneys that, in <br />addition to any other moneys available therefor and held by the Bond <br />Registrar, will be sufFcient to redeem at the redemption price thereof, <br />plus accrued interest to the redemption date, all of the redeemable <br />Bonds for which notice of redemption has been given. Notice having <br />been mailed in the manner provided in the preceding paragraph hereof, <br />-10- <br />_