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<br />(b) The definition of "Interest Payment Date" contained
<br />in Section 3 of the 1980 Bond Legislation is hereby
<br />amended to read as follows:
<br />"Interest Payment Date" means, as to the Series 1980
<br />Bonds, the first day of each August, November,
<br />February and May, commencing August 1, 1980 to and
<br />including February 1, 1983, and thereafter,
<br />September 30, 1983, December 31, 1983, March 31,
<br />1984, June 30, 1984, September 30, 1984, December
<br />31, 1984, March 31, 1985, June 30, 1985, September
<br />30, 1985 and January 2, 1986.
<br />Section 3. Execution of Documents. The Mayor, the Clerk and such
<br />other officials of the Issuer as are appropriate are authorized and directed
<br />to make the necessary arrangements with the Holders to establish the date,
<br />location, procedures and conditions for the delivery to the Holders of the
<br />amended Series 1979 Bonds and Series 1980 Bonds in the amended forms attached
<br />hereto as Exhibit A and Exhibit B, respectively, and to take all steps
<br />necessary to effect due execution and delivery of the amended Series 1979
<br />Bonds and Series 1980 Bonds to the Holders under the terms of this Ordinance,
<br />and to exchange the amended Series 1979 Bonds and Series 1980 Bonds for the
<br />Series 1979 Bonds and Series 1980 Bonds currently outstanding which shall then
<br />be cancelled by the Trustee. Those officials, as appropriate, are further
<br />authorized and directed to execute such certificates and instruments as are,
<br />in the opinion of Counsel to the Issuer and Squire, Sanders & Dempsey,
<br />necessary or appropriate to consummate the transactions provided for by this
<br />Ordinance.
<br />The Mayor and the Clerk are hereby further authorized and directed to
<br />execute a Second Supplemental Trust Indenture and Second Supplemental Loan
<br />Agreement substantially in the form attached hereto as Exhibit C, which
<br />instrument is hereby approved, with such changes therein not inconsistent with
<br />this Ordinance and not substantially adverse to the Issuer as may be permitted
<br />by applicable state law, the Original Trust Indenture and the First
<br />Supplemental Trust Indenture and as are approved by such officers. The
<br />approval of such changes by such officers, and that such are not substantially
<br />adverse to the Issuer, shall be conclusively evidenced by the execution of
<br />such instrument.
<br />Section
<br />and effect from
<br />President of the
<br />AILED I
<br />5. Effective Date. This Ordinance shall be in full force
<br />and after its passage by the Common Council, signed by the
<br />Common Council and approved by the Mayor.
<br />X 7�, Comm* Council
<br />Irene Ga Adopted by this Common Council on the day of September, 1983, and
<br />CIiYCLERK,SQI g I by the Mayor on the day of September, 1983.
<br />tt READING
<br />PUSLIC HEARING 9,?6 -jf.3 City Clerk
<br />2,d READING
<br />NOT APPROVED Q _ a6 - ,F-3
<br />REFERRED
<br />PASSED 9.
<br />
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