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<br />I <br /> <br />I <br /> <br />I <br /> <br />consent; provided however, such prohibition on the use of the Insurer's name shall not relate to the <br />use ofthe Insurer's standard approved form of disclosure in public documents issued in connection <br />with the current Bonds to be issued in accordance with the terms of the Commitment; and provided <br />further such prohibition shall not apply to the use of the Insurer's name in order to comply with <br />public notice, public meeting or public reporting requirements. <br /> <br />(m) The City shall not enter into any agreement nor shall it consent to or participate in any <br />arrangement pursuant to which Bonds are tendered or purchased for any purpose other than the <br />redemption and cancellation or legal defeasance of such Bonds without the prior written consent of <br />MBIA. <br /> <br />ARTICLE XV <br /> <br />AMENDMENTS; FURTHER PROCEDURES; AND SEVERABILITY <br /> <br />Section 15.01. Amendments. <br /> <br />This Ordinance shall not be amended or repealed by the City while any Bond remains <br />outstanding, except as permitted by this Section. The City, without the consent of or notice to any <br />Owner, from time to time and at any time, may amend this Ordinance in any manner not <br />detrimental to the interests of the Owners, including the curing of any ambiguity, inconsistency, <br />or formal defect or omission herein. In addition, the City, with the written consent of Owners <br />holding a majority in aggregate principal amount of the Bonds then outstanding affected thereby, <br />may amend, add to, or rescind any of the provisions of this Ordinance; provided that, without the <br />consent of all Owners of then outstanding Bonds, no such amendment, addition, or recission shall <br />(i) extend the time or times of payment of the principal of and interest on the Bonds, reduce the <br />principal amount thereof, redemption price therefor, or the rate of interest thereon, or in any other <br />way modify the terms of payment of the principal of or interest on the Bonds, (ii) give any preference <br />to any Bond over any other Bond, or (iii) reduce the aggregate principal amount of Bonds required <br />for consent to any such amendment, addition, or recission. <br /> <br />Section 15.02. Further Procedures. <br /> <br />The officers and employees of the City are hereby authorized and directed from time to time <br />and at any time to do and perform all such acts and things and to execute, acknowledge and deliver <br />in the name and on behalf of and under the corporate seal of the City all such instruments, whether <br />mentioned herein or not, as may be necessary or desirable in order to carry out the terms and <br />provisions of this Ordinance, the initial sale and delivery of the Bonds, the Paying Agent/Registrar <br />Agreement, and the Official Statement. In addition, prior to the initial delivery of the Bonds, the <br />Mayor, the City Manager or Director of Finance of the City, and Bond Counsel are hereby authorized <br />and directed to approve any technical changes or corrections to this Ordinance or to any of the <br />instruments authorized and approved by this Ordinance necessary in order to (i) correct any <br />ambiguity or mistake or properly or more completely document the transactions contemplated and <br />approved by this Ordinance and as described in the Official Statement, (ii) obtain a rating from any <br /> <br />SANMARCOSIWWWSRev2006A-2: Ordinance <br /> <br />45 <br />