Tab_47cEXHIBIT 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 THREE
MATURING ON AND AFTER SEPTEMBER 1, 2018
NOTICE IS HEREBY GIVEN to the holders of the following defeased Alaska Municipal Bond Bank,
General Obligation Bonds, 2007 Series Three (the "Defeased 2007 Series Three Bonds") that the Defeased 2007 Series
Three Bonds maturing on and after September 1, 2018, have been called for redemption on September 1, 2017, 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 Three Bonds represent a portion of the bonds issued on July 10, 2007; and defeased
on September 1, 2017 and are described below:
Principal
Maturity Amount
(September 1) Defeased
2022 $1,005,000.00
2027 1,290,000.00
Redemption
Date
Interest Rate (September 1)
5.000% 2017
5.000 2017
Defeased
Redemption CUSIP No.
Price (01179)
100% RLM3
100 RLN1
The redemption price of and accrued interest on Defeased 2007 Series Three Bonds maturing on and after
September 1, 2018 shall become due and payable on September 1, 2017, and from and after September 1, 2017, interest
on the 2007 Series Three Bonds maturing on and after September 1, 2018 shall cease to accrue and be payable.
Holders of the Defeased 2007 Series Three Bonds maturing on and after September 1, 2018 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 Three 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
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.
AMBB - General Obligation and Refunding Bonds, 2016 Series Three
Escrow Agreement (2007 Series Three)
Page C-3
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
AIVIBB - General Obligation and Refunding Bonds, 2016 Series Three
Escrow Agreement (2007 Series Three)
Page C-4