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1981-040 CRA
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1981-040 CRA
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Last modified
1/3/2012 12:22:40 PM
Creation date
5/5/2005 11:19:15 AM
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City Clerk
Doc Type
Resolution
Doc #
CRA 1981-40
Date
5/26/1981
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<br />ARTICLE X <br />SUPPLEMENTAL RESOLUTIONS <br /> <br />1001. Supplemental Resolutions Effective Without Consent of <br />Bondh.olders. The Agency may adopt at any time .or from time to time a <br />Supplemental Resolution or Supplemental Res.olutions for any .one or more of the <br />foll.owing purp.oses, and any such Supplemental Resolution shall become <br />effective in accordance with its terms and upon fi 1 ing with the Trustee of a <br />copy thereof certified by an Authorized Officer with or without the consent of <br />Bondholders: <br /> <br />(1) to add additi.onal covenants and agreements .of the Agency. for <br />the purpose of further securing the payment of the Bonds, provided such <br />additional covenants and agreements are not c.ontrary to or inconsistent <br />with the covenants and agreements of the Agency contained in this <br />Resolution. <br /> <br />(2) to prescribe further limitations and restrictions upon the <br />issuance of Bonds and the insuring of indebtedness by the Agency which <br />are not contrary t.o or inconsistent with the limitati.ons and <br />restricti.ons thereon theretofore in effect; <br /> <br />(3) to surrender any right, power .or privilege reserved t.o or <br />c.onferred upon the Agency by the terms of this Resolution; <br /> <br />(4) to confirm as further assurance any pledge under and the <br />subjection to any lien, claim or pledge created or to be created by the <br />provisions of this Resolution of the Pledged Revenues, Mortgage L.oans, <br />Funds or of any other moneys, securities or funds; <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 Resoluti.on <br />as are necessary or desirable in the event any such modifications are <br />not contrary to or inconsistent with the resolution as theretofore in <br />effect. <br /> <br />1002. Supplemental Resolutions Effective with Consent of Bondholders. <br />The provisions of this Resoluti.on may be further modified at any time or from <br />time to time by a Supplemental Resolution, subject to the consent of <br />Bondholders in accordance with and subject to the provisi.ons of Article XI <br />hereof such Supplemental Resolution to become effective up.on the filing with <br />the Trustee .of a copy thereof certified by an Auth.orized Officer. <br /> <br />1003. General Provisions Relating to Supplemental Resolutions. This <br />Resolution shall not be m.odified .or amended in 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 /> <br />51 <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br />
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