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-19- <br />2014 Bonds Maturing September1, 20__ <br />Sinking Account <br />Redemption Date <br />(September1) <br />Principal Amount <br />To Be Redeemed <br />2014 Bonds Maturing September1, 20__ <br />Sinking Account <br />Redemption Date <br />(September 1) <br />Principal Amount <br />To Be Redeemed <br />In lieu of redemption of the 2014 Bonds pursuant to the preceding paragraph, amounts <br />on deposit in the Sinking Account or the Redevelopment Obligation Retirement Fund(to the <br />extent not required to be transferred tothe Trustee pursuant to Section 4.03 during the current <br />Bond Yearother than for deposit in the Sinking Account) may also be used and withdrawn by <br />the Successor Agency at any time for the purchase of such 2014 Bonds at public or private sale <br />as and when and at such prices (including brokerage and other charges and including accrued <br />interest) as the Successor Agency may in its discretion determine. The par amount of any of <br />such 2014 Bonds so purchased by the Successor Agency in any twelve-month period ending on <br />July1 in any year shall be credited towards and shall reduce the par amount of such Bonds <br />required to be redeemed pursuant to this subsection (b) on the next succeeding September1. <br />(c) Notice of Redemption. The Trustee on behalf and at the expense of the Successor <br />Agency shall mail (by first class mail, postage prepaid) notice of any redemption at least thirty <br />(30) but not more than sixty (60) days prior to the redemption date, to (i) to the Owners of any <br />2014 Bonds designated for redemption at their respective addresses appearing on the <br />Registration Books, and (ii) the Securities Depositories and to theInformation Services; but <br />such mailing shall not be a condition precedent to such redemption and neither failure to receive <br />any such notice nor any defect therein shall affect the validity of the proceedings for the <br />redemption of such 2014 Bonds or the cessation of the accrual of interest thereon. Such notice <br />shall state the redemption date and the redemption price, shall state that optionalredemption is <br />conditioned upon the timely delivery of the redemption price by the Successor Agency to the <br />Trustee for deposit in the Redemption Account, shall designate the CUSIP number of the 2014 <br />Bonds to be redeemed, shall state the individual number of eachBond to be redeemed or shall <br />state that all 2014 Bonds between two stated numbers (both inclusive) or all of the Bonds