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Section 12. Severability. If any section, paragraph, clause, or provision of this Ordinance <br />shall for any reason be held to be invalid or unenforceable, the invalidity or unenforceability of such <br />section, paragraph, clause, or provision shall not affect any of the remaining provisions of this <br />Ordinance, the intent being that the same are severable. <br /> <br /> Section 13. Repealer. All orders, resolutions, bylaws, ordinances or regulations of the <br />City, or parts thereof, inconsistent with this Ordinance are hereby repealed to the extent only of such <br />inconsistency. This repealer shall not be construed to revive any ordinance, resolution, bylaw, order or <br />other instrument, or part thereof, heretofore repealed. Neither this repealer nor any other provision of <br />this Ordinance shall be construed to adversely affect or impair any contract entered into by the City or <br />any enterprise thereof prior to the effective date of this Ordinance. <br /> <br /> Section 14. Ordinance Irrepealable. After the Bond is issued, this Ordinance shall <br />constitute an irrevocable contract between the City and CWRPDA, and shall be and remain <br />irrepealable until the Bond and the interest thereon shall have been fully paid, satisfied, and <br />discharged. No provisions of any constitution, statute, charter, ordinance, resolution or other <br />measure enacted after the issuance of the Bond shall in any manner be construed as impairing the <br />obligations of the City to keep and perform the covenants contained in this Ordinance. <br /> <br /> Section 15. Effective Date, Recording and Authentication. This ordinance shall be in full <br />force and effect 30 days after publication following final passage. This ordinance, as adopted by the <br />Council, shall be numbered and recorded by the City Clerk in the official records of the City. The <br />adoption and publication shall be authenticated by the signatures of the Mayor and City Clerk, and by <br />the certificate of publication. <br /> <br /> Section 16. Statutes Superceded. Pursuant to Article XX of the Colorado Constitution and <br />the City Charter, all statutes of the State of Colorado which might otherwise limit the City's ability to <br />execute, deliver and perform its obligations under the Loan Agreement or the Bond are hereby <br />superceded. <br /> <br /> INTRODUCED, READ, PASSED ON FIRST READING, AND ORDERED <br />PUBLISHED this 6th day of May, 2003. <br /> <br />Tom Davidson, Mayor <br /> <br /> <br />