O-1989-1652 - Laserfiche WebLink

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e e (e) Any consent given by the holder of a Parity Bond pursuant to the provisions of this section shall be irrevocable for a period of six months from the date of the first publication of the notice provided for in this section, and shall be conclusive and binding upon all future holders of the same Parity Bond during such period. Such consent may be revoked at any time after six-months from the date of the first publication of such notice by the holder who gave such consent, or by a successor in title, by filing notice thereof with the Paying Agent and the city, but such revocation shall not be effective if the holders of 51% in aggregate principal amount of the then outstanding Bonds as in this section defined have, prior to the attempted revocation, consented to and approve the amendment. (f) For the purpose of this section the fact of the holding of Bonds issued in registered form without coupons and the amounts and numbers of such Bonds and the date of their holding same shall be proved by the Registration Books of the Paying Agent/Registrar. For purposes of this Section, the holder of a Parity Bond shall be the owner thereof as shown on such Registration Books. The City may conclusively assume that such ownership continues until written notice .to the contrary is served upon the city. (g) The foregoing prov1s1ons of this Section notwith- standing, the City by action of the City Council may amend this Ordinance for anyone or more of the following purposes: (1) To add to the covenants and agreements of the City in this Ordinance contained, other covenants and agreements thereafter to be observed, grant additional rights or remedies to bondholders, or to surrender, restrict, or limit any right or power herein reserved to or conferred upon the city; (2) To make such provisions for the purpose of curing any ambiguity, or curing, correcting, or supplementing any defective provision contained in this Ordinance, or in regard to clarifying matters or questions arising under this Ordinance, as are necessary or desirable and not contrary to or inconsistent with this Ordinance and which shall not adversely affect the interests of the holders of the Bonds: (3) To modify any of the provisions of this Ordinance in any other respect whatever, provided that (i) such modification shall be, and be expressed to be, effective only after all Bonds outstanding at the date of the adoption of such modification shall cease to be outstanding, and (ii) such modification shall be specifically referred to in the text of all Additional Bonds issued after the date of the adoption of such modification. section 13. DAMAGED, MUTILATED, LOST, STOLEN OR DESTROYED BONDS. (a) In the event any outstanding Bond is damaged, 17