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RPV Redevelopment Agency acknowledgment of Receipt for Cancelled Bond Project Area No 1 Tax Allocation Bond Issue of 1997 40) 111 RECEIPT FOR CANCELLED BOND with reference to $5,455,000 Rancho Palos Verdes Redevelopment Agency Project Area No. 1 Tax Allocation Bond Issue of 1997 December 2, 1997 The Rancho Palos Verdes Redevelopment Agency hereby acknowledges receipt from the County of Los Angeles of the County's CI 2651-M, 1915 Act Limited Obligation Improvement Bonds (Abalone Cove) in the aggregate principal amount of $10,000,000 (the "Bond") , the face of which Bond has the word "Cancelled" inscribed thereon. RANCHO PALOS VERDES REDEVELOPMENT AGENCY (bk/By:?-191- 971120 971120 R6876-00001 rdh 1673094 0