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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 constitutional, will have been exceeded ia the issuance of said Notes. <br /> Section !..1_. 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 all 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 all legal <br /> requirements including the City's Charter and Codified Ordinances. <br /> Section. 1.4.. 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 and for the usual daily operation of the City for the reasons set forth and defined in <br /> the preamble to this ordinance, and provided it receives the affirmative vote o£at least five (5) of <br /> its members elected to Council, this ordinance shall take effect and be in force immediately upon <br /> its passage by the Council and approval by the Mayor; otherwise, it shall take effect and be in <br /> force after the earliest period alli~wed by law. <br /> <br />Approved: ./~i~',~ ~, 2003 <br /> <br />President of Council <br /> <br />{KLF2046;1} 4 <br /> <br /> <br />