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<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 fann as required by law; and that no limitation of indebtedness or taxation. either <br />statutory or constitutional. will have been exceeded in the issuance of said Notes. <br /> <br />Section 11. The Clerk of Council is hereby directed to fOIWard 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 arid 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 detennined 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 fannal action, were in meetings open to the public, in compliance with all 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 preservatiQn ofthe 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 of at least five (5) of <br />it.<; 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 allowed by law. <br /> <br />Passed: CJ¡J II <br /> <br />,2004 <br /> <br />~.~~ <br /> <br />President of Council <br /> <br />~7<7 ~ <br />Clerk 0 Ceil <br /> <br />~1b <br />ayor <br /> <br />Approved: J-,.J- <br /> <br />de <br /> <br />,2004 <br /> <br />{KLF2563.DOC;I} <br /> <br />4 <br />