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ARTICLE VI <br /> <br />AMENDMENT OF RESOLUTION <br /> <br /> Section 6.01. Amendments Permitted. This Resolution and the rights and <br />obligations of the City and of the Bank may be modified or amended at any time <br />by a Supplemental Resolution and pursuant to the written consent of the Bank. <br />No such modification or amendment shall (1) extend the maturity of any Note or <br />reduce the interest rate thereon, or otherwise alter or impair the obligation <br />of the City to pay the principal thereof, of interest thereon, or any premium <br />payable on the redemption thereof, at the time and place and at the rate and <br />in the currency provided therein, without the express consent of the Sank, or <br />(2) permit the creation by the City of any mortgage, pledge or lien upon the <br />Revenues superior to or on a parity with the pledge and lien created for the <br />benefit of the Note. <br /> <br /> This Resolution and the rights and obligations of the City and of the <br />Bank may be modified or amended at any time by a Supplemental Resolution, <br />without the consent of the Bank, but only to the extent permitted by law and <br />only for any one or more of the following purposes: <br /> <br /> (a) to add to the covenants and agreements of the City in this <br />Resolution contained, other covenants and agreements thereafter to be <br />observed, or to surrender any right or power herein reserved to or conferred <br />upon the City which shall not adversely affect the interests of the Bank; and <br /> <br /> (b) to make such provisions for the purpose of curing any <br />ambiguity, or of curing, correcting or supplementing any defective provision <br />contained in this Resolution, or in regard to questions arising under this <br />Resolution, as the City may deem necessary or desirable and not inconsistent <br />with this Resolution, and which shall not adversely affect the interests of <br />the Bank. <br /> <br /> Section 6.02. Procedure for Amendment with Written Consent of Bank. <br />The City may at any time adopt a Supplemental Resolution amending the <br />provisions of the Note or of this Resolution or any Supplemental Resolution, <br />to the extent that such amendment is permitted by Section 6.01, to take effect <br />when and as provided in this Section. A copy of such Supplemental Resolution, <br />together with a request to the Bank for its consent thereto, shall be mailed <br />by the City to the Bank. Notice of the fact of the adoption of such <br />Supplemental Resolution (stating that a copy thereof is available for <br />inspection at the office of the City) shall be published at least once a week <br />for two successive weeks in a financial newspaper, the first publication to be <br />made not more than fifteen (15) days after the date of adoption of such <br />Supplemental Resolution. <br /> <br /> Such Supplemental Resolution shall not become effective unless there <br />shall be obtained the written consent of the Bank and a notice shall have been <br />published as hereinafter in this Section provided. Any such consent shall be <br /> <br />14 <br /> <br /> <br />