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shall be, and shall be deemed, modified and amended in accord- <br />ance therewith, and the respective rights, duties and obliga- <br />tions under this ordinance of the City of South Bend and all <br />holders of bonds issued pursuant to the provisions of this <br />ordinance then outstanding,.shall thereafter be determined <br />exercised and enforced in accordance with this ordinance,, <br />subject in all respects to such modifications and amendments. <br />Notwithstanding anything contained in the foregoing provisions <br />of this ordinance, the rights and obligations of the City and <br />of the holders of the bonds authorized by this ordinance, <br />and the terms and provisions of the bonds and this ordinance, <br />or any supplemental ordinance, may be modified or altered in <br />any respect with the consent of the City of South Bend and <br />the consent of the holders of all the bonds issued pursuant <br />to this ordinance then outstanding. <br />Sec. 18. All ordinances and parts of ordinances in con- <br />flict herewith are hereby repealed. <br />Sec:. 19. This ordinance shall be in full force and ef- <br />fect from and after its passage. <br />- 33 <br />