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<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 force immediately upon its passage by the Council 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 7, 2008 <br /> <br />~vV,D--- <br /> <br />President of Council <br /> <br />JM~ 7- /-I~ <br />Clerk of Co cIl <br /> <br />Approved: April £, 2008 <br /> <br />'¿~J <br /> <br />11 <br /> <br />_Cleveland 1161334 <br />