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be redeemed together with the interest accrued thereon to the date fixed <br />for redemption plus a premium of one-quarker of one ~rcent (1/4 of 1%) <br />of the principal amount of each Bond to be redeemed for each twelve (12) <br />m~nth period or fraction thereof between the date fixed for redemption <br />and the stated maturity date of such Bond. Any such declaration of the <br />maturity of Bonds to be redeeme~ and of the selection of Bonds within a <br />maturity to be redeemed shall be made by the Director of Finance of the <br />City. <br /> <br /> Notice of any such redemption, specifying the date, number and <br />maturities of the Bonds to be redeemed, the date and place f~_xed for <br />their redemption and the premix, if any, payable upon such rede3qp_tion, <br />shall be given by ~he City by publication of such notice once in a newspaper <br />printed in the English language and customarily published on each business <br />day and of general circulation in the City, and once in at least one news- <br />paper or fLn~ncial publication printed in the F~gtish language and cc~tc~- <br />arily published on each business day in the City of New York, Ne~ York, <br />the' date of publication of such notice in each case to be at least thirty <br />days prior to the date fixed for red,motion. If any Bond called fc~_ re- <br />d~------~otior~ ms reo-istered as to principal onty or as to both principal <br />interest, notice of tlqe redemption thereof shall be mailed not less than <br />thirty days prior to the date fixed for rede~otion by registered mail <br />t6 the registered c~.~r of such Bond at such owner's address as shown on the <br />books of registry; provided, h~v;ever, tha~ notice of ~edemption by publi- <br />cation need not be given to the registered owner of any registered Bond if <br />notice of redemption shall have been mailed as aforesaid, and if notice of <br />rede~pt/on is given by publication as aforesaid then neither the failure <br />to mail such notice to ~he registered owner of any r~g~stered Bond nor any <br />defect in any notice so mailed'shall affect the sufficiency of the pro- <br />ceedings for the redemption of such Bonds. ?~en notice of redemption of <br />Bonds shall have b~ ~ given as hereinabove set forth, and payment of the <br />principal ~9~o%t~t of t-he Bonds so called for redemption and of the accrued <br />interest ~nd premium, if ~y, payable upon such redemption shall have been <br />duly made or provided for, interest on such Bonds shall cease from and <br />after t_he date so specified for their redemption and ~ny coupons represent- <br />ing suc~h ~nter~_s~ shall be void. <br /> <br /> The Bonds ~_v be registered by the bolder as to principal only or as <br />to both principal and interest in accordance with the provmsions for such <br />registration to be endorsed thereon as set forth in Section 9 hereof. <br /> <br /> <br />