1981-040 CRA - Laserfiche WebLink

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Asset Accumulation Fund; and (iii) prepayment of the Loan pursuant to Section 2.4 .of the Loan Agreement. The term Bonds shall be subject to redemption in part by lot by operation .of sinking fund installments as provided in the Res.olution, at a redemption price equal to the principal amount of each Bond or p.ortion there.of to be redeemed, together with accrued interest to the date of redemption, without premium (unless any such principal amount shall be reduced as pr.ovided in the Resolution by reason of earl fer redemption of Bonds). Sinking fund installments shall be made with respect to the term Bonds as f.oll.ows: . With respect to the Term Bonds maturing May 1, 1996: Principal Principal Year Am.ount Year Amount 1992 $155,000 1996 (maturity) $235,000 1993 175,000 1994 190,000 1995 210,000 With respect t.o the Term B.onds maturing May 1, 2002: Principal Principal . Year Am.ount Year Am.ount 1997 $265,000 2002 (maturity) $450,000 . 1998 295,000 1999 325,000 2000 360,000 2001 405,000 With respect to the Term Bonds maturing May 1, 2014: Principal Principal Year Am.ount Year Amount 2003 $500,000 2009 $ 960,000 2004 555,000 2010 1,070,000 2005 620,000 2011 1,195,000 2006 690,000 2012 1,330,000 2007 775,000 2013 1,485,000 2008 860,000 2014 (maturity) 1,655,000 . In the event .of the redempti.on of any .or all of the Bonds, notice of such redempti.on (i) shall be given by publication at least .once in a newspaper of general circulation or financial paper in Los Angeles, California, and in the Daily Bond Buyer or other financial paper or newspaper circulated in New Y.ork, New York, each of which is published at least once a day for at least five (5) days (other than legal holidays) in each calendar week, and is 67 .