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the addresses appearing on the registration books held by the <br />Registrar. Such notice shall briefly set forth the nature of the <br />proposed supplemental resolution and shall state that a copy <br />thereof is on file at the office of the Registrar for inspection by <br />all owners of the Bonds. The Registrar shall not, however, be <br />subject to any liability to any owners of the Bonds by reason of <br />its failure to mail such notice, and any such failure shall not <br />affect the validity of such supplemental resolution when consented <br />to and approved as herein provided. <br />Whenever at any time within one year after the date of the <br />mailing of such notice, the Commission shall receive any instrument <br />or instruments purporting to be executed by the owners of the Bonds <br />of not less than sixty per cent (60 %) in aggregate principal amount <br />® of the Bonds then outstanding (exclusive of Bonds, if any, owned by <br />the Commission or the City), which instrument or instruments shall <br />refer to the proposed supplemental resolution described in such <br />notice, and shall specifically consent to and approve the adoption <br />thereof in substantially the form of the copy thereof referred to <br />in such notice as on file with the Registrar, thereupon, but not <br />otherwise, the Commission may adopt such supplemental resolution in <br />substantially such form, without liability or responsibility to any <br />owners of the Bonds, whether or not such owners shall have <br />consented thereto. <br />Upon the adoption of any such supplemental resolution, <br />® this Resolution shall be, and be deemed to be, modified and amended <br />in accordance therewith, and the respective rights, duties and <br />-24- <br />