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(iv) Notice of Redemption. The notice of the call for redemption of <br /> Bonds shall identify (A) by designation, letters, numbers or other <br /> distinguishing marks,the Bonds or portions thereof to be redeemed, (B)the <br /> redemption price to be paid, (C) the date fixed for redemption, and (D) the <br /> place or places where the amounts due upon redemption are payable. The <br /> notice shall be given by the Bond Registrar on behalf of the City by <br /> mailing a copy of the redemption notice by first class mail, postage <br /> prepaid, at least 30 days prior to the date fixed for redemption, to the <br /> registered owner of each Bond subject to redemption in whole or in part at <br /> the registered owner's address shown on the Bond Register maintained by <br /> the Bond Registrar at the close of business on the fifteenth day preceding <br /> that 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) Payment of Redeemed Bonds. In the event that notice of <br /> redemption shall have been given by the Bond Registrar to the registered <br /> owners as provided above,there shall be deposited with the Bond Registrar <br /> on or prior to the redemption date, moneys that, in addition to any other <br /> moneys available therefor and held by the Bond Registrar, will be <br /> sufficient to redeem at the redemption price thereof,plus accrued interest to <br /> the redemption date, all of the redeemable Bonds for which notice of <br /> redemption has been given. Notice having been mailed in the manner <br /> provided in the preceding paragraph hereof, the Bonds and portions thereof <br /> called for redemption shall become due and payable on the redemption <br /> date, and, subject to the provisions of subsection (d) of Section 3 and <br /> Section 5, upon presentation and surrender thereof at the place or places <br /> specified in that notice, shall be paid at the redemption price, plus accrued <br /> interest to the redemption date. If moneys for the redemption of all of the <br /> Bonds and portions thereof to be redeemed, together with accrued interest <br /> thereon to the redemption date, are held by the Bond Registrar on the <br /> redemption date, so as to be available therefor on that date and, if notice of <br /> redemption has been deposited in the mail as aforesaid, then from and after <br /> the redemption date those Bonds and portions thereof called for redemption <br /> shall cease to bear interest and no longer shall be considered to be <br /> outstanding. If those moneys shall not be so available on the redemption <br /> date, or that notice shall not have been deposited in the mail as aforesaid, <br /> those Bonds and portions thereof shall continue to bear interest, until they <br /> are paid, at the same rate as they would have borne had they not been <br /> called for redemption. All moneys held by the Bond Registrar for the <br /> redemption of particular Bonds shall be held in trust for the account of the <br /> registered owners thereof and shall be paid to them, respectively, upon <br /> presentation and surrender of those Bonds; provided that any interest <br /> earned on the moneys so held by the Bond Registrar shall be for the <br /> account of and paid to the City to the extent not required for the payment of <br /> the Bonds called for redemption. <br /> - 1 0 - <br />