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� .� . O� � � O ``( O , • � l CITY of ORONO . � ,; : . � ti ti RESOLUTION OF THE CITY COUNCIL ��`9 '��G . NO. � � � �� . � kESII� � Year Amount Year Amount � 2006 $100,000 2010 $115,000 � " _ 2007 105,000 2011 120,000 � . � 2008 110,000 2012 125,000 � � ' 2009 110,000 2013 120,000 All Bonds maturing on or after February 1, 2011, are subject�to redemption and prior � payment in whole or in part in such order as the City may deternune and by lot within a " maturity at the option of the City on February 1, 2010, and any date thereafter at par and � ' accrued interest. In the event of redemption by lot of Bonds of like maturity, the Bond Registrar shall assign to each Bond of such mati,irity then outstanding a distinctive number �. � . for each$5,000 of the principal amount of such Bonds and shall select by lot in the manner it deternunes the order of numUers, at $5,000 for each number, for all outstanding Bonds of like � a maturity. The order of selection of Bonds to be redeemed shall be the Bonds to which were . . ` . assigned numbers so selected,but only so much of the principal anlount of each Bond of a : ' denomination of more than $5,000 shall be redeemed as shall equal $5,000 for each number . � assigned to it and so selected. The Bonds shall be numbered R-1 upwards in order of � � ' issuance or in such other order as the Registrar may deternzine and shall be in the � � � denomination of$5,000 each or any integral multiple thereof not exceeding the amount � maturing in any year. • � 3. The Bonds, the Registrar's Authentication Certificate and the form of . assignment shall be in substantially the following form: , , UNITED STATES OF AMERICA � � STATE OF MINNESOTA � � � COUNTY OF HENNEPIN CITY OF ORONO � , :t. '-No: . . . _ . _ - , .- . _ . .�. ,�..,�. � ., . .,:., ,..,..... .�.. GENER.AL OBLIGATION IMPROVEMENT � ' REFUNDING BOND, SERIES 2004B • Interest Rate Maturitv Date of Original Issue CUSIP . December 29, 2004 Page 2 of 13 j .