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<br />. <br /> <br />. <br /> <br />. <br /> <br />3. It is determined that it is in the best interests of the sound financial management of <br />the City that the principal amount of the Notes payable from June 15, 2007 to and including <br />December 15, 2016, comprising the entire principal amount of the Notes subject to redemption, be <br />prepaid and redeemed on June 15, 2007 and those Notes are hereby called for redemption on that <br />date. <br /> <br />4. The Registrar is authorized and directed to mail to a notice of call for redemption of <br />the Notes in the form attached hereto as EXHIBIT A to the registered Owner of each Note to be <br />redeemed at the address shown on the registration books kept by the Registrar. <br /> <br />(The remainder of this page is intentionally left blank) <br /> <br />302941vl 8JB NE136-163 <br /> <br />2 <br />