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<br />or circumstance should be held to be invalid, unconstitutional, or ineffective as to any person or
<br />circums~~nce, the remainder of this Ordinance nevertheless shall be valid, and the application of
<br />any such invalid provision to persons or circumstances other than those as to which it is held
<br />invalid shall not be affected thereby.
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<br />Section 22. MISCELlANEOUS PROVISIONS. A Titles Not Restrictive. The titles
<br />assigned to the various sections of this Ordinance are for convenience only and shall not be
<br />considered restrictive of the subject matter of any section or of any part of this Ordinance.
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<br />B. Inconsistent Provisions. All ordinances, orders, and resolutions, or parts thereof, which
<br />are in conflict or inconsistent with any provision of this Ordinance are hereby repealed and
<br />declared to be inapplicable, and the provisions of this Ordinance shall be and remain controlling
<br />as to the matters prescribed herein.
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<br />C. Severability. If any word, phrase, clause, paragraph, sentence, part, portion, or provision
<br />of this Ordinance or the application thereof to any person or circulllstances shall be held to be
<br />invalid, the remainder of this Ordinance shall nevertheless be valid and the City Council hereby
<br />declares that this Ordinance would have been enacted without such invalid word, phrase, clause,
<br />paragraph, sentence, part, portion, or provisions.
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<br />D. Governing Law. This Ordinance shall be construed and enforced in accordance with
<br />the laws of the State of Texas.
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<br />E. Parties Interested Herein. Nothing in this Ordinance expressed or implied is intended
<br />or shall be construed to confer upon, or to give to, any person or entity, other than the City, the
<br />Initial Purchaser, AMBAC Indemnity, the Paying AgentlRegistrar, and the registered owners of
<br />the Bonds, any right, remedy, or claim under or by reason of this Ordinance or any covenant,
<br />condition, or stipulation hereof, and all covenants, conditions, stipulations, promises, and agreements
<br />in this Ordinance contained by and on behalf of the City shall be for the sole and exclusive benefit
<br />of the City, the Initial Purchaser, AMBAC Indemnity, the Paying AgentlRegistrar, and the owners
<br />of the Bonds.
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<br />F. Consent of AMBAC Indemnity Upon Default. Anything in this Ordinance to the
<br />contrary notwithstanding, upon the occurrence and continuation of a default in the punctual
<br />performance of all covenants contain in this Ordinance, AMBAC Indemnity shall be entitled to
<br />control and direct the enforcement of all rights and remedies granted to the owners of the Bonds
<br />under this Ordinance, and AMBAC Indemnity shall also be entitled to approve all waivers of
<br />events of default.
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<br />Section 23. IMMEDIATE EFFECf. This Ordinance shall take effect immediately upon
<br />its adoption.
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<br />PASSED AND APPROVED this September 27, 1990.
<br />
<br />\s\Cherie Black
<br />City Secretary, City of La Porte, Texas
<br />(CITY SEAL) .
<br />
<br />\s\Norman Malone
<br />Mayor, City of La Porte, Texas
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