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if the SEC amends or repeals the applicable provision of the Rule or a court of final jurisdiction enters <br />judgment that such provisions of the Rule are invalid, but only if and to the extent that the provisions <br />of this sentence would not prevent an underwriter from lawfully purchasing or selling Certificates in <br />the primary offering of the Certificates. <br />ARTICLE XIII <br />AMENDMENTS; FURTHER PROCEDURES; AND SEVERABILITY <br />Section 13.01. Amendments. <br />This Ordinance shall not be amended or repealed by the City while any Certificate remains 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 detrimental <br />to the interests of the Owners, including the curing of any ambiguity, inconsistency, or formal defect <br />or omission herein. In addition, the City, with the written consent of Owners holding a majority in <br />aggregate principal amount of the Certificates then outstanding affected thereby, may amend, add to, <br />or rescind any of the provisions of this Ordinance; provided that, without the consent of all Owners <br />of then outstanding Certificates, no such amendment, addition, or recission shall (i) extend the time <br />or times of payment of the principal of and interest on the Certificates, reduce the principal amount <br />thereof, redemption price therefor, or the rate of interest thereon, or in any other way modify the terms <br />of payment of the principal of or interest on the Certificates, (ii) give any preference to any Certificate <br />over any vutct Certificate, or (iii), induce the aggregate principal aii'ividilt of Certi 1Cal"es ieq%daaeu for <br />consent to any such amendment, addition, or recission. <br />Section 13.02. Further Procedures. <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 Certificates, the Paying <br />Agent/Registrar Agreement, and the Official Statement. In addition, prior to the initial delivery of <br />the Certificates, the Mayor, the City Manager or Director of Finance of the City, and Certificate <br />Counsel are hereby authorized and directed to approve any technical changes or corrections to this <br />Ordinance or to any of the instruments authorized and approved by this Ordinance necessary in order <br />to (i) correct any ambiguity or mistake or properly or more completely document the transactions <br />contemplated and approved by this Ordinance and as described in the Official Statement, (ii) obtain <br />a rating from any of the national bond rating agencies, or (iii) obtain the approval of the Certificates <br />by the Attorney General of Texas. In the event that any officer of the City whose signature shall <br />appear on any certificate shall cease to be such officer before the delivery of such certificate, such <br />signature nevertheless shall be valid and sufficient for all purposes the same as if such officer had <br />remained in office until such delivery. <br />36 <br />San Marcos CIRCO 2019: Ordinance <br />