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phrase or word to other persons and circumstances nevertheless shall be valid and enforceable; and <br />it is hereby declared that this Ordinance would have been enacted without such invalid or <br />unenforceable provision. <br />Section 14.05. No Personal Liability. <br />No covenant or agreement contained in the Bonds, this Ordinance or any corollary instrument <br />shall be deemed to be the covenant or agreement of any member of the City Council or any officer, <br />agent, employee or representative of the City Council in his or her individual capacity, and neither <br />the directors, officers, agents, employees or representatives of the City Council nor any person <br />executing the Bonds shall be personally liable thereon or be subject to any personal liability for <br />damages or otherwise or accountability by reason of the issuance thereof, or any actions taken or <br />duties performed, whether by virtue of any constitution, statute or rule of law, or by the enforcement <br />of any assessment or penalty, or otherwise, all such liability being expressly released and waived as <br />a condition of and in consideration for the issuance of the Bonds. <br />[Execution Page Follows] <br />San Marcos GO 2009 Ordinance 36