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<br />"Project" means (I) planting shade trees and (2) eradicating the gypsy moth and emerald <br />ash borer beetle in the City's Reforestation Program, <br /> <br />"Purchase Agreement" means the Note Purchase Agreement between the City and the <br />Underwriter, entered into in accordance with Section 7 ofthis ordinance, <br /> <br />"Register" means all books and records necessary for the registration, exchange, and <br />transfer of the Notes, <br /> <br />"Registrar" means The Huntington National Bank or any successor registrar designated <br />in accordance with the Registrar Agreement, or any other bank or trust company as designated <br />by the Director of Finance in the Certificate of Award, <br /> <br />"Registrar Agreement" means the Note Registrar Agreement between the City and the <br />Registrar, as supplemented, amended, or modified, <br /> <br />"Underwriter" means Wachovia Bank, National Association. <br /> <br />Section 15. Effectiye 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 in order to <br />promptly begin the Project, which is urgently required to forestall and repair the deleterious <br />effects of pest infestation; and provided it receives the affirmative vote of at least five (5) of its <br />members elected to Council, this ordinance shall take effect and be in force immediately upon its <br />passage by the Council and approval by the Mayor; otherwise it shall take effect and be in force <br />after the earliest period allowed by law, <br /> <br />Passed: April 7, 2008 <br /> <br />~tJ Q<- <br /> <br />President of Council <br /> <br />-- <br /> <br />~ 04: 7, <br />Clerk òf Co cil <br /> <br />,II (AI <br />¿;:r/Ø~ <br /> <br />Mayor <br /> <br />Approved: APril!, 2008 <br /> <br />IO <br /> <br />Cleveland 1161665 <br />