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indebtedness or taxation, either statutory or constitutional, will have <br />been exceeded in the issuance of said Notes. <br /> Section 10. The Clerk of Council is hereby directed to for- <br />ward a certified copy of this ordinance to the County Auditor. <br /> Section 11. That the Mayor and Director of Finance, or either <br />of them, are authorized to prepare, execute and deliver to the original <br />purchaser of the Notes a preliminary and final Official Statement or any <br />other appropriate disclosure document in connection with the sale and <br />delivery of the Notes. <br /> <br /> Section 12. It is found and determined that all formal ac- <br />tions of this Council concerning and relating to the passage of this <br />ordinance were adopted in an open meeting of this Council, and that all <br />such deliberations of this Council and any of its committees that re- <br />sulted in such formal action, were in meeting open to the public, in <br />compliance with all legal requirements including the City's Charter and <br />Codified Ordinances and Section 121.22 of the Ohio Revised Code. <br /> Section 13. That this ordinance is hereby declared to be an <br /> emergency measure necessary for the immediate preservation of the public <br /> peace, property, health, safety and welfare in the City for the reasons <br /> set forth and defined in the preamble to this ordinance, and provided it <br /> receives the affirmative vote of two-thirds of all members elected to <br /> Council, this~ordinance shall take effect and be in force immediately <br /> approval L~__~herwise, it <br /> upon its passage by the Council and ~eriod~a <br /> shall take effect and be in force after llowed by <br /> <br /> law. <br /> <br /> Passed: ~ ~ , 1986 <br /> ' ~.,..~Pres~ntlfCounctl <br /> Clerk of Council U <br /> <br />Approved :~-.~ ~0 <br /> <br />, 1986 <br /> <br />141Sll/14282Q1 <br /> <br />-4- <br /> <br /> <br />