Tab_51cEXHIBIT 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, 2009 SERIES ONE
MATURING ON AND AFTER SEPTEMBER 1, 2017
NOTICE IS HEREBY GIVEN to the holders of the following defeased Alaska Municipal Bond Bank,
General Obligation Bonds, 2009 Series One (the "Defeased 2009 Series One Bonds") that (i) the Defeased 2009 Series
One Bonds maturing on and after September 1, 2019, have been called for redemption on September 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 2009 Series One Bonds maturing on September
1 2017 and September 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 2009 Series One Bonds represent a portion of the bonds issued on January 21, 2009; and
defeased on September 1, 2018 and are described below:
Principal Redemption or Redemption or Defeased
Maturity Amount Retirement Date Retirement Price CUSIP No.
(September 1) Defeased Interest Rate (September 1) (% of Principal) (01179)
2017 $25,000.00 5.000% 2017 100% RUP6
2018 25,000.00 5.000 2018 100 RUQ4
2019 25,000.00 5.000 2018 100 RJD6
2020 25,000.00 5.000 2018 100 RJE4
2021 30,000.00 5.000 2018 100 RJF1
2022 30,000.00 5.000 2018 100 RJG9
2023 30,000.00 5.250 2018 100 RUT8
2024 30,000.00 5.250 2018 100 RJJ3
2025 35,000.00 5.375 2018 100 RJKO
2026 35,000.00 5.500 2018 100 RJL8
2027 40,000.00 5.500 2018 100 RJM6
2028 40,000.00 5.500 2018 100 RUTJ5
2029 40,000.00 5.625 2018 100 RJP9
2033 195,000.00 5.750 2018 100 RJQ7
2037 245,000.00 5.875 2018 100 PZR1
The redemption price of and accrued interest on Defeased 2009 Series One Bonds maturing on and after
September 1, 2019 shall become due and payable on September 1, 2018, and from and after September 1, 2018, interest
on the Defeased 2009 Series One Bonds maturing on and after September 1, 2019 shall cease to accrue and be payable.
The related retirement price of and accrued interest on the Defeased 2009 Series One Bonds maturing on September 1,
2017 and September 1, 2018 shall become due and payable on the related maturity date, and from and after the related
maturity date, interest on such Defeased 2009 Series One Bonds shall cease to accrue and be payable.
Holders of the Defeased 2009 Series One Bonds maturing on and after September 1, 2019 being redeemed and
the Defeased 2009 Series One Bonds maturing on September 1, 2017 and September 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 (2009 Series One)
Page C-3
The Defeased 2009 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.
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 (2009 Series One)
Page C-4