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(d) Parity Bonds executed and delivered after the execution of any supplemental <br /> ordinance passed pursuant to the provisions of this section may have a notation as to any matter <br /> provided for in such supplemental ordinance, and if such supplemental ordinance shall so <br /> provide, new bonds so modified as to conform, in the opinion of the Council, to any modification <br /> of this ordinance contained in any such supplemental ordinance, may be prepared and delivered <br /> without cost to the holders of any affected Parity Bonds then outstanding, upon surrender for <br /> cancellation of such bonds with all unmatured coupons and all matured coupons not fully paid, in <br /> equal aggregate principal amounts. <br /> Section 20. Amendments to Ordinance Nos. 2690-03 and 2870-05. In order to <br /> conform Ordinance Nos. 2690-03 and 2870-05 to the modifications in terms and covenants set <br /> forth in Ordinance No. 3123-09 and this ordinance, the Council hereby approves the following <br /> amendments to Ordinance Nos. 2690-03 and 2870-05. <br /> (a) Section 1 (Definitions) of Ordinance Nos. 2690-03 and 2870-05 is hereby <br /> amended to include the following definitions, and in the case of previously defined terms, such <br /> definitions shall replace the definition set forth in Section of Ordinance Nos. 2690-03 and <br /> 2870-05: <br /> Accreted Value means (1) with respect to any Capital Appreciation <br /> Bonds, as of any date of calculation, the sum of the amount set forth in the <br /> ordinance authorizing their issuance as the amount representing the initial <br /> principal amount of such Capital Appreciation Bonds plus the interest <br /> accumulated, compounded and unpaid thereon as of the most recent compounding <br /> date, or (2) with respect to Original Issue Discount Bonds, as of the date of <br /> calculation, the amount representing the initial public offering price of such <br /> Original Issue Discount Bonds plus the amount of discounted principal that has <br /> accreted since the date of issue. In each case, the Accreted Value shall be <br /> determined in accordance with the provisions of the ordinance authorizing the <br /> issuance of such Balloon Maturity Bonds. <br /> Annual Debt Service, prior to the New Covenant Date, means, with <br /> respect to any issue of Parity Bonds, the amount required in a given calendar year <br /> -63- P:\20287 CMW\20287 960 02/07/11 <br />