Laserfiche WebLink
8.1.4.6. to prescribe further limitations and <br />restrictions upon the issuance of the Bonds and the incurring of <br />indebtedness by the City payable from the Revenues; <br />8.1,4.7. to provide for the payment of advances under <br />Reserve Equivalents; and <br />8.1.4.8. to modify in any other respect any of the <br />provisions of this Ordinance, or any Supplemental Ordinances <br />previously adopted; provided that such modifications shall have <br />no adverse effect as to any Bond or Bonds which are then <br />Outstanding. <br />8.2. Amendments With Owner Consent. With the <br />consent of the Owners of not less than sixty-six and two-thirds <br />percent X66-2/3%} of the principal amount of the Bonds then <br />outstanding, the City, from time to time and at any time, may <br />adopt a Supplemental Ordinance amending or supplementing the <br />provisions of this Ordinance for the purposes of adding any <br />provisions to, or changing in any manner or eliminating any of <br />the provisions of this Ordinance or of any Supplemental <br />Ordinance, or modifying in any manner the rights of the Owners of <br />the Bonds then Outstanding; provided, however, that without the <br />specific consent of the Owner of each such Bond which would be <br />affected thereby, no such Supplemental Ordinance amending or <br />supplementing the provisions hereof shall: <br />~a} change <br />of the principal of <br />interest thereon~or <br />reduce the principa <br />interest thereon or <br />or payment thereof; <br />the <br />any <br />the <br />1 amp <br />any <br />or <br />fixed maturity date for the payment <br />Bond or the dates for the payment of <br />terms of the redemption thereof, or <br />punt of any Bond or the rate of <br />premium payable upon the redemption <br />fib} reduce the aforesaid percentage of Bonds, the <br />Owners of which are required to consent to any such <br />Supplemental ordinance amending or supplementing the <br />provisions hereof; or <br />~c} give to any Bond or Bonds any preference over <br />any other Bond or Bonds secured hereby; or <br />~d} except as provided in Section 6 hereof, <br />authorize the creation of any pledge of the Revenues or any <br />lien thereon prior or superior or equal to the pledge and <br />lien created herein for the payment and security of the <br />Bonds; or <br />fie} deprive any Owner of the Bonds of the security <br />afforded by this Ordnance. <br />Page 52 - ordinance <br />