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This chapter shall not be amended so as to affect adversely the rights of the holders of any outstanding bonds theretofore issued hereunder, or the rights of participating parties with respect to whom projects have theretofore been financed hereunder, without the written consent of such bondholders and participating parties; provided, however, that this chapter may be amended at any time:

A. To make such provisions for the purpose of curing any ambiguity, or of curing, correcting or supplementing any defective provision herein contained, as the city may deem necessary or desirable; or

B. If such amendment does not materially impair or adversely affect the interests of any such bondholder or participating party in the opinion of the council; or

C. If such amendments apply solely to bonds not theretofore issued hereunder or participating parties with respect to whom projects have not theretofore been financed hereunder. (Ord. 2675 § V(4), 1981)