Purchase of Land and the Construction , off Street Parking Facilities Issuance of revenue Bonds and Distribution of the Revenues

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suant to this ordinance; or (b) A reduction in the principal amount of any bond or the redemption premium or the rate of interest thereon; or (c) The creation of a lien upon or a pledge of the revenues of the Project 1969 off- street parking facilities ranking prior to the pledge thereof created by this ordinance; or (d) A preference or priority of any bond or bonds issued pursuant to this ordinance over any other bond or bonds issued pursuant to the provi- sions of this ordinance; or (e.) A reduction in the aggregate principal amount of the bonds required for consent to such supplemental ordinance. The holders of not less than sixty -six and two- thirds per cent (6.6- 2/3 %), in aggregate principal amount of the bonds outstand- ing at the time of adoption of such supplemental ordinance shall have consented to and approved the adoption thereof by written instrument to be maintained on file in the office of the City Controller of the City of South Bend. No holder of any bond issued pursuant to this ordinance shall have any right to ob- ject to the adoption of such supplemental ordinance or to ob- ject to any of the terms and provisions contained therein or the operation thereof, or in any manner to question the pro- priety of the adoption thereof, or to enjoin or restrain the Common Council of the City of South Bend from adopting the same, or from taking any action pursuant to the provisions thereof. Upon the adoption of any supplemental ordinance pursuant to the provisions of this section, this ordinance - 32 -