RES 67055 - Laserfiche WebLink

41 and as provided in this Section. A copy of such Supplemental Resolution, together with a request to Bondholders for their consent thereto, shall be mailed by tile City to each registered owner of Bonds outstanding and to each holder of any such Bonds payable to bearer who shall have filed with the Fiscal Agent an address for notices, but failure to mail copies of such Supplemental Resolution and request shall not affect the validity of the Supplemental Resolution when assented to as in this Section provided. Notice of the fact of the adoption of such Supplemental Resolu- tion (stating that a copy thereof is available for inspection at the office of the City) shall be published at least once a week for two successive weeks in a financial news- paper or journal printed in the English language and customarily published on each business day in San Francisco, California, the first publication to be made not more than fifteen (15) days after the date of adoption of such resolution. Such Supplemental Resolution shall not become effective unless there shall he filed with the Fiscal Agent the writen consents of the holders of sixty-six and two- thirds per cent (66~%) in aggregate principal amount of the Bonds then out- standing (exclusive of Bonds disqualified as provided in Section 7.04) and a notice shall have been published as hereinafter in this Section provided. Each such consent shall be effective only if accompanied by proof of ownership of the Bonds for which such consent is given, which proof shall be such as is permitted by Section 9.05. Any such consent shall be binding upon the holder of the Bonds giving such consent and on any subsequent holder (whether or not such subsequent holder has notice thereof) unless such consent is revoked in writing by the holder giving ~uch consent or a subsequent holder by filing such revocation with the Fiscal .Agent prior to the date when the notice hereinafter in this Section provided for has been published. After the holders of the required percentage of Bonds shall have filed their consents to the Supplementai Resolution, the City shall mail and publish a notice to the Bondholders in the manner hereinbefore provided in this Section for the mailing of the Supplemental Resolution and publication of the notice of adoption thereof, stating in substance that the Supplemental Resolution has been consented to by the holders of the required percentage of Bonds and will be effective as provided in this Section (but failure to mail copies of said notice shall not affect the validity of the Supplemental Resolution or consents thereto). Proof of the p'~u lication of such notice shall he filed with the Fiscal Agent. A record, consisting of the papers required by this Section to be filed with the Fiscal Agent, shall be proof of the matters therein stated until the contrary is proved. The Supplemental Resolution shall become effective upon the filing with the Fiscal Agent of the proof of the publication of such last-mentioned notice, and the Supplemental Resolution shall be deemed conclusively binding (except as otherwise hereinabove specifically pro- vided in this Article) upon the City and the holders of all Bonds and coupons at the expiration of sixty (60) days after such filing, except in the event of a final decree of a court of competent jurisdiction setting aside such consent in a legal