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APPENDIX D FORM OF NOTICE TO TRUSTEE REGARDING PRO RATA REDEMPTION OF BONDS As required by the Depository, in order to effect pro rata redemption of Bonds as provided for in Section 2.03 of the Indenture, the following is to be filed with the Trustee at least 30 days prior to a partial optional redemption of Bonds, and on the [May 1] preceding a [June 1] Mandatory Sinking Fund Redemption of Bonds. [DATE] [name and address of trustee] Fax: Re: $ original principal amount of City of San Leandro 2012 Taxable Pension Obligation Bonds Dear Trustee: I am a duly authorized representative of the City of San Leandro (the "City "), with the power and authority to execute this notice in connection with a pro rata redemption of Bonds pursuant to Section 2.03 of the Indenture with respect to the above - captioned Bonds (the "Bonds "). Capitalized terms used herein an not otherwise defined have the meaning assigned in the Indenture. On [June 1], 20 , the Bonds maturing on [June 1], 20_ are subject to mandatory sinking fund redemption in the amount of $ . Such redemption is to occur on a pro rata basis among the Beneficial Owners of the Bonds of such maturity. [IF PRO RATA REDEMPTION IS DUE TO OPTIONAL REDEMPTION IN PART OF A MATURITY, REVISE THIS PARAGRAPH ACCORDINGLY]. Because the Bonds are in the book -entry only system of the Depository, the Trustee is hereby instructed to prepare and send to the Depository a written notice (the "DTC Notice ") containing the following information, calculated on the original principal amount of $1,000 per Bond, preferably five business days but no fewer than two business days before the applicable payment date, being [June 1], 20_ (1) Current interest rate for such maturity of Bonds, expressed as a percentage: %; (2) Principal pay -down rate (the amount of the sinking fund payment): $ (3) Pool factor (which is the remaining balance per $1,000 of face value), expressed as a decimal (for example, a $1 million fund D -1