Tab_49cEXHIBIT C - Form of Notice of Optional Redemption and Retirement
ALASKA MUNICIPAL BOND BANK
NOTICE TO HOLDERS OF THE FOLLOWING
ALASKA MUNICIPAL BOND BANK
GENERAL OBLIGATION BONDS, 2008 SERIES ONE
MATURING ON AND AFTER APRIL 1, 2017
NOTICE IS HEREBY GIVEN to the holders of the following defeased Alaska Municipal Bond Bank,
General Obligation Bonds, 2008 Series One (the "Defeased 2008 Series One Bonds") that (i) the Defeased 2008 Series
One Bonds maturing on and after April 1, 2019, have been called for redemption on April 1, 2018 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, and (ii) the Defeased 2008 Series One Bonds maturing on April 1, 2017 and April 1,
2018, will be retired in accordance with their terms, at a retirement price equal to the related principal amount thereof,
plus accrued interest to the related date fixed for maturity. The source of the funds to be used for such redemption or
retirement, as applicable, 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 2008 Series One Bonds represent a portion of the bonds issued on April 15, 2008; and defeased
on April 1, 2018 and are described below:
Principal Redemption or Redemption or Defeased
Maturity Amount Retirement Date Retirement Price CUSIP No.
(April 1) Defeased Interest Rate (April 1) (% of Principal) (01179)
2017 $370,000 4.000% 2017 100% RUB7
2018 380,000 4.000 2018 100 RUC5
2019 1,345,000 4.000 2018 100 RPT4
2020 1,400,000 4.250 2018 100 RPU1
2021 1,460,000 4.250 2018 100 RPV9
2022 1,520,000 4.375 2018 100 RPW7
2023 1,590,000 4.500 2018 100 RUF8
2024 1,655,000 4.700 2018 100 RPY3
2025 1,740,000 4.800 2018 100 RPZO
2026 1,825,000 4.900 2018 100 RQA4
2027 1,915,000 5.000 2018 100 RQB2
2028 2,010,000 5.000 2018 100 RUG6
2029 305,000 5.000 2018 100 RQD8
2033 1,390,000 5.100 2018 100 RQE6
2038 2,185,000 5.200 2018 100 PXL6
The redemption price of and accrued interest on Defeased 2008 Series One Bonds maturing on and after April
1, 2019 shall become due and payable on April 1, 2018, and from and after April 1, 2018, interest on the 2008 Series
One Bonds maturing on and after April 1, 2019 shall cease to accrue and be payable. The related retirement price of
and accrued interest on the Defeased 2008 Series One Bonds maturing on April 1, 2017 and April 1, 2018 shall become
due and payable on the related maturity date, and from and after the related maturity date, interest on such Defeased
2008 Series One Bonds shall cease to accrue and be payable.
Holders of the Defeased 2008 Series One Bonds maturing on and after April 1, 2019 being redeemed and the
Defeased 2008 Series One Bonds maturing on April 1, 2017 and April 1, 2018 being retired will receive payment of the
redemption price or related retirement price, as applicable, 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.
AMBB - General Obligation and Refunding Bonds, 2016 Series Three
Escrow Agreement (2008 Series One)
Page C-3
The Defeased 2008 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
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.
PORTANT 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 (2008 Series One)
Page C-4