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t <br /> 15 <br /> • (c) any such modification does not materially impair the interests of the <br /> beneficial owners, as determined either by parties unaffiliated with the County or by the <br /> approving vote of the registered owners of a majority in principal amount of the Bonds <br /> pursuant to the terms of the bond resolution, as it may be amended from time to time, at <br /> the time of the amendment. <br /> Any annual financial information containing modified operating data or financial <br /> information will explain, in narrative form, the reasons for the modification and the <br /> impact of the change in the type of operating data or financial information being <br /> provided. <br /> • <br /> 14 <br />