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<br />of the Bonds then outstanding affected thereby, may amend, add to, or rescind any of the provisions of this <br />Ordinance; provided that, without the consent of all Owners of then outstanding Bonds, no such amendment, <br />addition, or recission shall (i) extend the time or times of payment of the principal of and interest on the <br />Bonds, reduce the principal amount thereof, redemption price therefor, or the rate of interest thereon, or in <br />any other way modifY the terms of payment of the principal of or interest on the Bonds, (ii) give any <br />preference to any Certificate over any other Certificate, or (iii) reduce the aggregate principal amount of <br />Bonds required for consent to any such amendment, addition, or recission. <br /> <br />Section 13.02. Further Procedures. <br /> <br />The officers and employees of the City are hereby authorized and directed from time to time and at <br />any time to do and perform all such acts and things and to execute, acknowledge and deliver in the name and <br />on behalf of and under the corporate seal of the City all such instruments, whether mentioned herein or not, <br />as may be necessary or desirable in order to carry out the terms and provisions of this Ordinance, the initial <br />sale and delivery of the Bonds, the Paying Agent/Registrar Agreement, and the Official Statement. In <br />addition, prior to the initial delivery of the Bonds, the Mayor, the City Manager or Director of Finance of <br />the City, and Bond Counsel are hereby authorized and directed to approve any technical changes or <br />corrections to this Ordinance or to any of the instruments authorized and approved by this Ordinance <br />necessary in order to (i) correct any ambiguity or mistake or properly or more completely document the <br />transactions contemplated and approved by this Ordinance and as described in the Official Statement, (ii) <br />obtain a rating from any of the national bond rating agencies, or (iii) obtain the approval of the Bonds by the <br />Attorney General of Texas. In the event that any officer of the City whose signature shall appear on any <br />certificate shall cease to be such officer before the delivery of such certificate, such signature nevertheless <br />shall be valid and sufficient tor all purposes the same as if such officer had remained in office until such <br />delivery. <br /> <br />Section 13.03. Severability. <br /> <br />If any section, article, paragraph, sentence, clause, phrase or word in this Ordinance, or application <br />thereof to any person or circumstance is held to be invalid or unenforceable, the remainder of this Ordinance <br />and the application of such section, article, paragraph, sentence, clause, phrase or word to other persons and <br />circumstances nevertheless shall be valid and enforceable; and it is hereby declared that this Ordinance <br />would have been enacted without such invalid or unenforceable provision. <br /> <br />ARTICLE XIV <br /> <br />EMERGENCY DECLARATION <br /> <br />Section 14.01. Emergency Declaration. <br /> <br />The public importance of this measure and the fact that it is to the best interest of the City to provide <br />funds for the proposed public improvements at the earliest possible date, for the immediate preservation of <br />the public peace, health and safety, constitutes and creates an emergency and an urgent public necessity <br />requiring that the Charter rules requiring ordinances to be read on three several days and that no ordinance <br />shall become effective until the expiration of ten (10) days following the date of its final passage be <br />dispensed with for the purpose of adopting this Ordinance as an emergency measure; and said Charter rules <br /> <br />RS;\NM AR\CO,O 1 \[)ocsOrdinancefn, wpd <br /> <br />31 <br />