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pose, the amount of such direct tax upon all of the taxable property . in the City <br />shall be reduced by the amount of such revenues so available and appropriated. <br /> <br /> Section 8. It is hereby determined and recited that all acts, <br />conditions and things necessary to be done precedent to and in the issuing of the <br />Notes in order to make them legal, valid and binding obligations of the City of <br />Lakewood, will have been done and performed in regular and due form as required <br />by law; and that no limitation of indebtedness or taxation, either statutory or <br />constitutional, will have been exceeded in the issuance of said Notes. <br /> <br /> Section 9. The Clerk of Council is hereby directed to forward a <br />certified copy of this ordinance to the County Auditor. <br /> <br /> Section 10. The Mayor and Fiscal Officer, or either of them, are <br />authorized to prepare, execute and deliver to the original purchaser of the Notes <br />a preliminary and final. Official Statement or any other appropriate disclosure <br />document in connection with the sale and delivery of the Notes. <br /> <br /> Section 11o It is found and determined that all formal actions of <br />this Council concerning and relating to the passage of this ordinance were <br />adopted in an open meeting of this Council~ and that all such deliberations of <br />this Council and any of its committees that resulted in such formal action, were <br />in meeting open to the public, in compliance with all legal requirements <br />including the City's Charter and Codified Ordinances. <br /> <br /> Section 12. This ordinance is hereby declared to be an emergency <br />measure necessary for the immediate preservation of the public peace, property, <br />health, safety and welfare in the City for the reasons set forth and defined in <br />the preamble to this ordinance, and provided it receives the affirmative vote of <br />two-thirds of all members elected to Council, this ordinance shall take effect <br />and be in force immediately upon its adoption by the Council and appr-Fo~al by the <br />Ma%~%wr ;e f ~e%iiwS~ e'~'-'~ it shall take effect an~fte~t period 3 <br /> <br /> ' V ~- Pres~nt~ Council <br /> ~ Mayor ~ <br /> <br />236/14282BWA.81B <br /> <br />-3- <br /> <br /> <br />