Tab_50cEXHIBIT C - Form of Notice of Optional Redemption
ALASKA MUNICIPAL BOND BANK
NOTICE TO HOLDERS OF THE FOLLOWING
ALASKA MUNICIPAL BOND BANK
GENERAL OBLIGATION BONDS, 2008 SERIES TWO
MATURING ON AND AFTER JUNE 1, 2019
NOTICE IS HEREBY GIVEN to the holders of the following defeased Alaska Municipal Bond Bank,
General Obligation Bonds, 2008 Series Two (the "Defeased 2008 Series Two Bonds") that the Defeased 2008 Series
Two Bonds maturing on and after June 1, 2019, have been called for redemption on June 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. 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 2008 Series Two Bonds represent a portion of the bonds issued on July 30, 2008; and defeased
on June 1, 2018 and are described below:
Principal Redemption Defeased
Maturity Amount Date Redemption CUSIP No.
(June 1) Defeased Interest Rate (June 1) Price (01179)
2019 $245,000.00 4.400% 2018 100% RQQ9
2020 260,000.00 4.500 2018 100 RQR7
2021 270,000.00 4.600 2018 100 RQS5
2022 285,000.00 4.700 2018 100 RQT3
2023 295,000.00 4.750 2018 100 RUK7
2024 310,000.00 4.800 2018 100 RQV8
2025 325,000.00 4.850 2018 100 RQW6
2026 340,000.00 4.900 2018 100 RQX4
2028 730,000.00 5.000 2018 100 RUL5
The redemption price of and accrued interest on Defeased 2008 Series Two Bonds maturing on and after June
1, 2019 shall become due and payable on June 1, 2018, and from and after June 1, 2018, interest on the 2008 Series
Two Bonds maturing on and after June 1, 2019 shall cease to accrue and be payable.
Holders of the Defeased 2008 Series Two Bonds maturing on and after June 1, 2019 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 2008 Series Two 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.
AMBB - General Obligation and Refunding Bonds, 2016 Series Three
Escrow Agreement (2008 Series Two)
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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.
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 (2008 Series Two)
Page C-4