117

111

to September 1, 1968, inclusive, shall not be subject to redemption.

Definitive coupon 1964 Series C bonds numbered 1,399-C to 1,774-C,
inclusive, maturing September 1, 1997 to September 1, Z001, inclusive,
may be redeemed on any interest payment date prior to their respective
maturities, at the option of the Board, from any moneys that may be made
available for such purpose, either in whole or in part in the inverse order
of their numbers, at the principal amount of the bonds to be redeemed,
together with the interest accrued thereon to the date fixed for redemption,
without the payment of any redemption premium. Subject to the prior
redemption of such bonds, definitive coupon 1964 Series C bonds numbered
200-C to 1,398-C, inclusive, maturing September 1, 1972 to September 1,
1996, inclusive, may be redeemed prior to their respective maturities,
at the option of the Board, from any moneys that may be made available for
such purpose, either in whole or in part in the inverse order of their
numbers on any interest payment date after September 1, 1971, at the
principal amount of the bonds to be redeemed, together with the interest
accrued thereon to the date fixed for redemption, plus a premium of 3%
of such principal amount if redeemed on or prior to September 1. 1976,
2-1/2% if redeemed thereafter and on or prior to September 1, 1981, 2%
if redeemed thereafter and on or prior to September 1, 1986, 1-1/2% if
redeemed thereafter and on or prior to September 1, 1991, and 1% if
redeemed thereafter. Definitive coupon 1964 Series C bonds numbered
1-C to 199-C, inclusive, maturing September 1, 1965 to September 1,
1971, inclusive, shall not be subject to redemption.

Definitive coupon 1964 Series D bonds numbered 1-D to 210-D,
maturing September 1, 1965 to September 1, 1971, inclusive, shall not
be subject to redemption. Definitive coupon 1964 Series D bonds numbered
211-D to 613-D, inclusive, maturing September 1, 1972 to September 1,
1981, inclusive, shall be subject to redemption prior to their respective
maturities, at the option of the Board, from any moneys that may be made
available for such purpose, either in whole or in part in the inverse order
of their numbers on any interest payment date after September 1, 1971,
at the principal amount of the bonds to be redeemed, together with the
interest accrued thereon to the date fixed for redemption, plus a premium
of 3% of such principal amount if redeemed on or prior to September 1,
1976, and 2-1/2% if redeemed thereafter.

Definitive coupon 1964 Series E bonds numbered 932-E to 1, 361-E
inclusive, maturing September 1, 1997 to September 1, 2001, inclusive,
may be redeemed on any interest payment date prior to their respective
maturities, at the option of the Board, from any moneys that may be
made available for such purpose, either in whole or in part in the inverse
order of their numbers, at the principal amount of the bonds to be redeemed,
together with the interest accrued thereon to the date fixed for redemption,
without the payment of any redemption premium. Subject to the prior
redemption of such bonds, definitive coupon 1964 Series E bonds numbered
1-E to 931-E, inclusive, maturing September 1, 1982 to September 1, 1996,
inclusive, may be redeemed prior to their respective maturities, at the option o
of the Board, from any moneys that may be made available for such purpose,
either in whole or in part in the inverse order of their numbers, on any
interest payment date after September 1, 1971, at the principal amount of
the bonds to be redeemed, together with the interest accrued thereon to the
date fixed for redemption, plus a premium of 3% if redeemed on or prior
to September 1, 1976, 2-1/2% if redeemed thereafter and on or prior to
September 1, 1981, 2% if redeemed thereafter and on or prior to September
1, 1986, 1-1/2% if redeemed thereafter and on or prior to September 1, 1991,
and 1% if redeemed thereafter.

Definitive coupon 1964 Series F bonds numbered 1,719-F to 2,200-F,
inclusive, maturing September 2000 to September 1, 2004, inclusive, may
be redeemed on any interest payment date prior to their respective maturities,
at the option of the Board, from any moneys that may be made available for
such purpose, either in whole or in part in the inverse order of their numbers,
at the principal amount of the bonds to be redeemed, together with the interest
accrued thereon to the date fixed for redemption, without the payment of any
redemption premium. Subject to the prior redemption of such bonds,
definitive coupon 1964 Series F bonds numbered 254-F to 1,718-F, inclusive,
maturing September 1, 1975 to September 1, 1999, inclusive, may be redeemed
prior to their respective maturities, at the option of the Board, from any
moneys that may be made available for such purpose, either in whole or in part