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Series B bonds maturing by their terms on or <br />before October 1, 1980, shall not be subject to redemp- <br />tion prior to their fixed maturity dates. Series B bonds <br />maturing by their terms on or after October 1, 1981, <br />shall be subject to redemption, at the option of the City, <br />as a whole, or in part in inverse numerical order from <br />higher to lower, on October 1, 1980 (but not prior there- <br />to), and on any interest payment date thereafter prior <br />to their fixed maturity date or dates, at the principal <br />amount thereof and accrued interest thereon to date of <br />redemption, together with a premium of one-quarter of one <br />per cent (1/4 of 1%) of such principal amount for each <br />whole year and for any fraction of a year remaining be- <br />tween the date of redemption and the stated maturity date <br />thereof; provided that such premium shall not exceed four <br />per cent (~) of such principal amount. <br /> <br /> Section 3. The Series B bonds and the coupons <br />attached thereto and the registration endorsement to <br /> <br />appear thereon shall each be <br />lng form, the blanks in said <br />appropriate words or figures, <br /> <br />substantially in the follow- <br />forms to be filled with <br />namely: <br /> <br /> <br />