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1980-075 CRA
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1980-075 CRA
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Last modified
1/3/2012 12:23:08 PM
Creation date
3/8/2005 11:38:49 AM
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City Clerk
Doc Type
Resolution
Doc #
CRA 1980-75
Date
7/1/1980
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<br />ARTICLE X <br />SUPPLEMENTAL RESOLUTIONS <br /> <br />1001. Adoption and Filing. The Agency may, without the consent of the <br />Holders of the Bonds, adopt at any time or from time to time Supplemental <br />Resolutions, in addition to the Supplemental Resolution described in Section <br />301, for anyone or more of the following purposes, and any such Supplemental <br />Resolution (other than pursuant to Section 301) shall become effective in <br />accordance with its terms and upon filing with the Trustee of a copy thereof <br />certified by an Authorized Officer together with the appropriate certificates <br />and other documents required by this Resolution. <br /> <br />(1) To add add i tiona 1 covenants and agreements of the Agency for <br />the purpose of further securing the payment of the 8onds, provided such <br />additional covenants and agreements are not contrary to or inconsistent with <br />the covenants and agreements of the Agency contained in this Resolution; <br /> <br />(2) To prescribe further limitations and restrictions upon the <br />issuance of Bonds and the incurring of indebtedness by the Agency which are <br />not contrary to or inconsistent with the limitations and restrictions thereon <br />theretofore in effect; <br /> <br />(3) To surrender any right, power or privilege reserved to or <br />,conferred upon the Agency by the terms of this Resolution; <br /> <br />(4) To confirm as further assurance any pledge of the Revenues <br />created by the provisions of this Resolution; or <br /> <br />(5) With the consent of the Trustee, to cure any ambiguity or <br />defect or inconsistent provision in this Resolution or to insert such' <br />provisions clarifying matters or questions arising under this Resolution as <br />are necessary or desirable in the event any such modifications are not <br />contrary to or inconsistent with this Resolution as theretofore in effect. <br /> <br />1002. Supplemental Resolutions Effective with Consent of Bondholders. <br />The provisions of this Resolution may be modified at any time or from time to <br />time by a Supplemental Resolution, subject to the consent of Bondholders in <br />accordance with and subject to the provisions of Article XI hereof, such <br />Supplemental Resolution to become effective upon the filing with the Trustee <br />of a copy thereof certified by an Authorized Officer. <br /> <br />1003. General Provisions Relating to Supplemental Resolutions. This <br />Resolution shall not be modlfled or. amended ln any respect except in <br />accordance with and subject to the provisions of this Article X and Article <br />XI. Nothing contained in this Article X or Article XI shall affect or limit <br />the right or obligation of the Agency to adopt, make, do, execute or deliver <br />any Resolution, act or other instrument pursuant to the provisions of Section <br />805 or the ri ght or ob 1 i gat ion of the Agency to execute and del iver to the <br /> <br />55 <br /> <br />. <br /> <br />. <br /> <br />. <br />. <br /> <br />. <br />. <br />
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