No. 1065 amending Resolution No. 1054 and amending the resolutions unbder which tax incremnent bonds are outstanding

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Commission, in whole or in part (only in authorized denominations), on February 1, 2000, or at any time thereafter, at a redemption price equal to the principal amount of each bond to be redeemed, plus accrued interest to the redemption date, without premium or penalty. In the case of redemption of any bonds, written notice of the call for any such redemption identifying the bonds to be redeemed shall be given by mailing a copy of the redemption notice by registered or certified mail not less than thirty (30) days nor more than sixty (60) days prior to the date fixed for redemption to the registered owner of each bond to be redeemed at the address shown on the registration books, provided, however, that failure to give such notice by mailing, or any defect therein, with respect to any such registered bond shall not affect the validity of any proceedings for the redemption of other bonds. On and after the redemption date specified in the aforesaid notice, such bonds, or portions thereof, thus called (provided funds for their redemption are on deposit at the place of payment) shall not bear interest, shall no longer be protected by the Resolution and shall not be deemed to be outstanding under the provisions of the Resolution, and the holders thereof shall have the right only to receive the redemption price thereof. All bonds which have been redeemed shall be cancelled and shall not be reissued; provided, however, that one or more new registered bonds shall be issued for the unredeemed portion of any bond without charge to the holder thereof. Prior to the date fixed for redemption, funds shall be deposited with the Paying Agent to pay, and the Paying Agent is hereby authorized and directed to apply such funds to the payment of, the bonds or portions thereof called, including accrued interest thereon to the redemption date. No payment shall be made by the Paying Agent upon any bond or portion thereof called for redemption until such bond shall have been delivered for payment or cancellation or the Registrar shall have received the items required by the Resolution with respect to any mutilated, lost, stolen or destroyed bond. Ee In the Resolution, the Issuer reserves the right to authorize and issue additional bonds payable solely from incremental taxes on real property and proceeds from the sale or leasing of property located in the Area and earnings thereon, which bonds may rank on a parity with the bonds of this issue, all subject to the conditions set forth in the Resolution.