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"Underwriter" means A.G Edwards & Sons, Inc. <br /> <br /> Section 15, Effective Date. This ordinance is hereby declared to be an emergency <br />measure necessary for the immediate preservation of the public peace, property, health, safety <br />and welfare in the City, and for the further reason that the Notes must be sold promptly in order <br />to retire the Outstanding Notes and preserve the credit of the City; and provided it receives the <br />affirmative vote of at least five (5) of its members elected to Council, this ordinance shall take <br />effect and be in rome immediately upon its passage by the Coundl and approval by the Mayor; <br />otherwise it shall take effect and be in force after the earliest period allowed by law. <br /> <br />Passed: April ~2007 <br /> <br />President of Council <br /> <br />Clerk of ~,/ouncil ~ <br /> <br />Approved: April ~, 2007 <br /> <br />Mayor <br /> <br />8 <br /> <br /> <br />