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<br />Section 3. This Ordinance is hereby declared to be an emergency measure necessary for <br />the immediate preservation of the pnblic peace, property, health, safety and welfare of the City <br />and for the further reason that it is immediately necessary to provide for execution of the <br />Agreement pursuant to the timeline established in accordance with HUD Regulations and <br />thereby ensure that the City, as part of the Consortium, will continne to qualifY for the <br />distribution of federal funds in connection with the HOME Program and provided it receives the <br />afImnative vote of at least two·thirds (2/3) of all members elected to Council, this Ordinance <br />shall 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 wm and after the earliest period allowed by <br />law. <br /> <br />Adopted: ~¡ 7{ ~O{¡ )- <br /> <br />~,~ <br /> <br />President <br /> <br />1f:rf~ 7, 14r~ <br />~~/ <br />Mayor I <br /> <br />Approved: ~ \ ,),,;>00) <br /> <br />{CTOlOS:"'}il} <br /> <br />2 <br />