8



              331-165              $ 35, 000            May 1, 1969
              166-20 5               40,000             May 1, 1970
              206 -245               40,000             May 1, 1971
              246-285                40,000             May 1, 1972
              286-325                40,000             May 1, 1973
              326-370                45, 000            May i, 1974
              371-415                45,000             May 1, 1975
              416-460                45,000             May 1, 1976
              461-510                50,000             May 1, 1977
              511-560                50,000             May 1, 1978
              561-615                55,000             May 1, 1979
              616-670                55,000             May 1, 1980
              671-730                60,000             May 1, 1981
              731-790                60,000             May 1 1982
              791-850                60,000             May 1, 1983
              851-915                65,000             May 1, 1984
              916-980                65, 000            May 1, 1985
              981-1050               70, 000            May 1, 1986
            1051-1125               75, 000            May 1, 1987
            1126-1200               75,000             May 1, 1988


       Section 2.04. Said Series A Bonds shall be issued in coupon form, in
the denomination of $1, 000. 00, and shall be registrable as to principal only.

       Section 2. 05. The principal of and interest on said Series A Bonds
shall be payable in any coin or currency of the United States of America, which
at the time of payment therefor is legal tender for the payment of public and
private debts, at the principal office of First Security National Bank & Trust Com-
pany of Lexington, in the City of Lexington, Kentucky, Trustee (or successor
Trustee appointed pursuant to the provisions of the Resolution), or at the option
of the holders of the respective Series A Bonds and coupons at the principal
offices of Continental Illinois National Bank and Trust Company of Chicago,
in the City of Chicago, Illinois, or of Chemical Bank New York Trust Company;
in the City of New York, New York, which are hereby appointed Paying Agents
for the Series A Bonds.

      Section 2. 06, The Series A Bonds maturing May 1, 1974, and there-
after (being the Bonds numbered 326 and upwards) shall be subject to redemption
by the Board in whole or from time to time in part in the inverse order of their
maturities (less than all of a single maturity to be selected by lot), on any
interest payment date on or after May 1, 1973, at the redemption prices, ex-
pressed in percentages of principal amount, with respect to each Bond as set
forth below, plus in each case accrued interest to the date of redemption:
            If Redeemed                                     Redemption Price
On and after May 1, 1973 and prior to May 1, 1978  ....       .e         103%
On and after May 1, 1978 and prior to May 1, 1983 .......  ....,.. ..  102%
On and after May 1, 1983, but prior to final maturity .                  101%