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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 />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />.""""""."4",, .""""""""" <br /> <br />for is filed, such revocation and, if such ~.onds are transferable by delivery, <br />proof that such Bonds are held by the signer of such revocation in the manner <br />permitted by Section 1301. The fact that a consent has n.ot been revoked may <br />likewise be proved by a certificate of the Trustee to the effect that no <br />revocation thereof is on file with the Trustee. At any time after the Holders <br />of the required percentage of Bonds shall have filed their consents to the <br />Supplemental Resolution, the Trustee shall make and file with the Agency and <br />the Trustee a written statement that the Holders .of such required percentage <br />of Bonds have filed such consents. Such written statement shall be conclusive <br />evidence that such consents have been so fi led. At any time thereafter <br />n.otice, stating in substance -that the Supplemental Resolution (which may be <br />referred to as a Supplemental Resolution adopted by the Aency on a stated <br />date, a copy of which is on file with the Trustee) has been consented to by <br />the Holders of the required percentage of Bonds and will be effective as <br />provided in this Section 1102, may be given to Bondholders by the Agency by <br />mailing such notice to Bondholders (but failure to mail such notice shall not <br />prevent such Supplemental Resolution from bec.oming effective and binding as in <br />this Secti.on 1102 provided) and by publishing the same at least once n.ot more <br />than ninety (90) days after the Holders of the required percentage of Bonds <br />shall have filed their consents to the Supplemental Resolution and the written <br />statement .of the Trustee hereinabove provided for is filed. The Agency shall <br />file with the Trustee proof of the publication of such notice, and, if the <br />same shall have been mailed to Bondholders, of the mailing thereof. A <br />transcript, consisting of the papers required or permitted by this Section <br />1102 to be filed with the Trustee, shall be proof of the matters therein <br />stated. Such Supplemental Resoluti.on making such amendment or IOOdification <br />shall be deemed conclusively binding up.on the Agency, the Trustee, each Paying <br />Agent and the Holders of all Bonds and coup.ons at the expiration of thirty <br />(30) days after the filing with the Trustee of the pro.of of the" first <br />publication af such last mentioned notice, except in the event of a final <br />decree of a c.ourt of c.ompetent jurisdiction setting aside such Supplemental <br />Resoluti.on in a legal acti.on or equitable proceeding for such purpose <br />cOl1lllenced within such thirty (30) day period; provided, however, that the <br />Agency, the Trustee and any Paying Agent during such thirty (30) day period <br />and any such further period during which any such action .or proceeding may be <br />pending shall be entitled in their absolute discretion to take such action, or <br />to refrain from taking such action, with respect to such Supplemental <br />Resblution as they may deem expedient. <br /> <br />11.03. Modification by Unanimous Consent. The terms and provisions of <br />this Resolution and the rights and obligations of the Agency and of the <br />Holders of the Bonds and coupons thereunder may be modified or amended in any <br />respect upon the adopti on and fi 1 ing with the Trustee by the Agency of a <br />Supplemental Resolution and the consent of the Holders of all of the Bonds <br />then Outstanding, such consent to be given as provided in Section 1102, except <br />that no notice of Bondholders either by mailing or publication shall be <br />required. <br /> <br />54 <br />
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