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are appropriated for such purpose, the mount of such direct tax upon all of the taxable property <br />in the City shall be reduced by the amount of such revenues so available and appropriated. <br /> <br /> Section 10. It is hereby determined and recited that all acts, conditions and things <br />necessary to be done precedent to and in the issuing of the Notes in order to make them legal, <br />valid and binding, obligations of the City of Lakewood, will have been done and performed in <br />regular and due form as required by law; and that no limitation of indebtedness or taxation, either <br />statutory or constimti0nal, will have been exceeded in the issuance of said Notes. <br /> <br /> Section 11. The Clerk of Council is hereby directed to forward a certified copy of <br />this ordinance to the County Auditor. <br /> <br /> Section 12. The Mayor and Fiscal Officer, or either of them, are authorized to <br />prepare, execute and deliver to the original purchaser of the Notes a preliminary and final <br />Official Statement or any other appropriate disclosure document in connection with the sale and <br />delivery of the Notes. <br /> <br /> Section 13. It is found and determined that ail formal actions of this Council <br />concerning and relating to the passage of this ordinance were passed in an open meeting of this <br />Council, and that all such deliberations Of this Council and any of its committees that resulted in <br />such formal action, were in meetings open to the public, in compliance with ail legal <br />requirements including .the City's Charter and Codified Ordinances. <br /> <br /> Section 14. This ordinance is hereby declared to be an emergency measure <br />necessary for the immediate preservation of the public peace, property, health, safety and welfare <br />in the City for the reasons set forth and defined in the preamble to this ordinance, and provided it <br />receives the affmnative vote of two-thirds of all members elected to Council, this ordinance shall <br />take effect and be in 'force immediately upon its passage by the Council and approval by the <br />Mayor; otherwise, it shall take effect and be in force after the earliest period allowed by law. <br /> <br />.Passed: "~~. ~ , 2000 <br /> <br /> · 2000 <br />Approved.~~ <br /> <br />President of Council <br /> <br />- '~l~ayor ' <br /> <br />{PLD0433.DOC; 1 ] <br /> <br /> <br />