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redemption date, in inverse order of maturity (and by lot within a maturity in such manner as the Trustee may determine). In the case of any defeasance of the Series 2024B Bonds, redemption of defeased Series 2024B Bonds shall be scheduled on the basis of the mandatory redemption requirements and assuming collections of the Bond Tax in an amount equal to receipts for the most recent twelve-month period. (2) The Series 2024B Bonds are subject to redemption at the option of the City, from funds from any source, on and after February 1, 2031, in whole or in part at-any time, at a redemption price equal to the principal amount being redeemed plus accrued interest to the redemption date. If fewer than all of the Series 2024B Bonds shall be called for redemption, the particular maturities and interest rates to be redeemed shall be selected by the City in its discretion. If fewer than all of the Series 2024B Bonds of any one maturity and interest rate shall be called for redemption, the particular Series 2024B Bonds or portion thereof to be redeemed from such maturity and interest rate shall be selected by lot by the Trustee. (3) To the extent not previously redeemed, the Series 2024B Bonds are subject to mandatory sinking fund redemption by lot in such manner as the Trustee shall determine, on February 1 in the years and in the amounts set forth below, at a redemption price equal to the principal amount being redeemed plus accrued interest to the date of redemption: 5.000% Series 2024B Bonds Maturing February 1, 2039 Principal Year Amount 2035 $ 100,000 2036 1,175,000 2037 1,235,000 2038 1,295,000 2039 (maturity) 1,360,000 4.000% Series 2024B Bonds Maturing February 1, 2039 Principal Year Amount 2035 $ 150,000 2036 190,000 2037 200,000 2038 210,000 2039-(maturity) 215,000 14