08-10-09 Common Council Meeting Agenda & Packet

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adopt an ordinance or ordinances supplemental hereto (which supplemental ordinance or ordinances shall thereafter form a part hereof) for any of the following purposes: (i) To cure any ambiguity or formal defect or omission in this Ordinance or in ary supplemental ordinance or to make any other change authorized herein; (ii) To grant to or confer upon the owners of the Bonds and BANS any additional benefits, rights, remedies, powers, authority or security that may lawfully be granted to or conferred upon the owners of the Bonds and BANS or to make any change which, in the judgment of the City, is not to the prejudice of the owners of the Bonds or BANS; (iii) To modify, amend or supplement this Ordinance to permit the qualification of the Bonds or BANS for sale under the securities laws of the United States of America or of any of the states of the United States of America or to obtain or maintain bond insurance or other credit enhancement with. respect to payments of principal of and interest on Bonds or BANS; (iv) To provide for the refunding or advance refunding of the Bonds; (v) To procure a rating on the Bonds from a nationally recognized securities rating agency or agencies designated in such supplemental ordinance if such supplemental ordinance will not adversely affect the owners of the Bonds or any other bonds ranking on a parity with such Bonds; or (vi) To accomplish any other purpose which, in the judgment of the City, does not adversely affect the interests of the owners of the Bonds or BANS; -47- BDDBOI 5738468v]