Tab_45cEXHIBIT C - Form of Notice of Optional Redemption
ALASKA MUNICIPAL BOND BANK
NOTICE TO HOLDERS OF THE FOLLOWING
ALASKA MUNICIPAL BOND BANK
GENERAL OBLIGATION BONDS, 2007 SERIES ONE
MATURING ON AND AFTER DECEMBER 1, 2017
NOTICE IS HEREBY GIVEN to the holders of the following outstanding Alaska Municipal Bond
Bank, General Obligation Bonds, 2007 Series One (the "2007 Series One Bonds") that the outstanding 2007 Series
One Bonds maturing on and after December 1, 2017 are being defeased and that the defeased 2007 Series One Bonds
(the "Refunded Bonds") will be redeemed on December 5, 2016, in accordance with their terms, at a redemption price
equal to 100% of the principal amount thereof, plus in each case accrued interest to the date fixed for redemption. The
source of the funds to be used for such redemption is the principal of and interest on Escrow Obligations theretofore
deposited with the Trustee as Escrow Agent, together with moneys theretofore deposited with the Escrow Agent.
The Defeased 2007 Series One Bonds represent a portion of the bonds issued on January 31, 2007; and
defeased on December 5, 2016 and are described below:
Principal Redemption Redemption Defeased
Maturity Amount Date Price (% of CUSIP No.
(December 1) Defeased Interest Rate (December 5) Principal) (01179)
2017 $1,515,000.00 5.000% 2016 100% P5K9
2017 1,285,000.00 4.125 2016 100 P5J2
2018 1,430,000.00 4.125 2016 100 P5L7
2018 1,915,000.00 5.000 2016 100 P5M5
2019 1,760,000.00 4.000 2016 100 P5N3
2020 2,320,000.00 4.125 2016 100 PRK5
2021 425,000.00 4.250 2016 100 PRL3
2026 580,000.00 4.375 2016 100 PRM1
The redemption price of and accrued interest on Defeased 2007 Series One Bonds maturing on and after
December 1, 2017 shall become due and payable on December 5, 2016, and from and after December 5, 2016, interest
on the 2007 Series One Bonds maturing on and after December 1, 2017 shall cease to accrue and be payable.
Holders of the Refunded Bonds maturing on and after December 1, 2017 being redeemed will receive
payment of the redemption price and accrued interest to which they are entitled upon presentation and surrender thereof
at the designated corporate trust office of The Bank of New York Mellon Trust Company, N.A.
The Defeased 2007 Series One Bonds shall be surrendered for redemption to:
First Class/Registered/Certified Express Delivery Only By Hand Only
The Bank of New York Mellon The Bank of New York Mellon The Bank of New York Mellon
Global Corporate Trust Global Corporate Trust Global Corporate Trust Corporate
P.O. Box 396 111 Sanders Creek Parkway Trust Window
East Syracuse New York 13057 East Syracuse, New York 13057 101 Barclay Street, 1st Floor East
New York, New York 10286
Bondholder Communications can be reached at 1-800-254-2826.
This CUSIP® number has been assigned by the Bond Bank's CUSIP Global Services and is included solely
for the convenience of the holders. Neither the Bond Bank nor the Escrow Agent or Trustee shall be responsible for
AMBB - General Obligation and Refunding Bonds, 2016 Series Three
Escrow Agreement (2007 Series One)
Page C-3
the selection or use of this CUSIP® number, nor is any representation made to its correctness on the bond or as
indicated in any redemption notice.
The Issuer and Trustee shall not be responsible for the use of the CUSIP number(s) selected, nor is any
representation made as to their correctness indicated in the notice or as printed on any Bonds. They are included
solely for the convenience of the holders.
IMPORTANT TAX NOTICE
Withholding of 28% of gross redemption proceeds of any payment made within the United States may be
required by the Jobs and Growth Tax Relief Reconciliation Act of 2003 (the 'Act), unless the Trustee has the
correct taxpayer identification number (social security or employer identification number) or exemption certificate of
the payee. Please furnish a properly completed Form W-9 or exemption certificate or equivalent when
presenting your securities.
DATED this day of , 20
AMBB - General Obligation and Refunding Bonds, 2016 Series Three
Escrow Agreement (2007 Series One)
Page C-4