Laserfiche WebLink
obligations of the City of Lakewood, will have been done and performed <br />in regular and due form as required by law; and that no limitation of <br />indebtedness or taxation, either statutory or constitutional, will have <br />been exceeded in the issuance of said Notes. <br /> <br /> Section 9. The Clerk of Council is hereby directed to forward <br />a certified copy of this ordinance to the County Auditor. <br /> Section 10. 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 11. 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 12. That this ordinance is hereby declared to be an <br /> emergency measure necessary for the i~medtate 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 /> upon its passage by the Council and appr~l~~therwise, it <br /> shall take effect and be in force aft~ allowed by <br /> law. <br /> <br /> ~ Preside~ Council <br /> <br />Approved~, 1986 <br /> <br />Clerk of ~ ' <br /> <br />141Sll/14252A1 <br /> <br />-4- <br /> <br /> <br />