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publicly, Prime Rate shall be the publicly announced prime or base lending rate of such national bank as Ambac Assurance shall specify Notwithstanding the foregoing, to the extent any payment obligation described in this paragraph would require the City to make a payment to Ambac Assurance other than a payment that the City is otherwise required to make pursuant to the terms of the Obligations, then such payment shall be subject to annual appropriation by the City and shall be made only to the extent permitted by law ARTICLE XIV AMENDMENTS, FURTHER PROCEDURES, AND SEVERABILITY Section 14 O1 Amendments This Ordinance shall not be amended or repealed by the Crty while any Bond remains outstanding, except as permitted by this Section. The Crty, without the consent of or notice to any Owner, from time to time and at any time, may amend this Ordinance m any manner not detrimental to the interests of the Owners, including the curing of any ambiguity, inconsistency, or formal defect or omission herein. In addition, the City, with the written consent of Owners holding a ma~onty m aggregate principal amount of the Bonds then outstanding affected thereby, may amend, add to, or rescind any of the provisions of this Ordinance, provided that, without the consent of all Owners of then outstanding Bonds, no such amendment, addition, or recession shall (i) extend the time or times of payment of the principal of and interest on the Bonds, reduce the principal amount thereof, redemption price therefor, or the rate of interest thereon, or m any other way modify the terms of payment of the principal of or interest on the Bonds, (ii) give any preference to any Bond over any other Bond, or (iii) reduce the aggregate principal amount of Bonds required for consent to any such amendment, addition, or recession. Section 14 02 Further Procedures The officers and employees of the City are hereby authorized and directed from time to time and at any time to do and perform all such acts and things and to execute, acknowledge and deliver m the name and on behalf of and under the corporate seal of the City all such instruments, whether mentioned herein or not, as may be necessary or desirable m order to carry out the terms and provisions of this Ordinance, the initial sale and delivery of the Bonds, the Paying Agent/Registrar Agreement, and the Official Statement. In addition, prior to the mrt~al delivery of the Bonds, the Mayor, the Crty Manager or Director of Finance of the Crty, and Bond Counsel are hereby authorized and directed to approve any techmcal changes or corrections to this Ordinance or to any of the instruments authorized and approved by this Ordinance necessary m order to (i) correct any ambiguity or mistake or properly or more completely document the transactions contemplated and approved by this Ordinance and as described m the Official Statement, (ii) obtain a rating from any of the national bond rating agencies, or (iii) obtain the approval of the Bonds by the Attorney General of Texas In the event that any officer of the Crty whose signature shall appear on any certificate shall cease to be such officer before the delivery of such certificate, such signature nevertheless shall be valid and sufficient for all purposes the same as if such officer had remained m office until such delivery Section 14 03 Payment of Attorney General Fee The City hereby authorizes the disbursement of a fee equal to the lesser of (i) one-tenth of one percent of the principal amount of the Bonds or (ii) $9,500, provided that such fee shall not be less than $750, to the Attorney General of Texas Public Finance Division for payment of the examination fee charged by the State sanMarcosG02007 Ordinance 35