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Section 16. Effective Date. This ordinance is hereby declazed 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 of its members elected to Council, this ordinance shall take effect <br />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 eazliest period allowed by law. <br />~'~V.~n1 <br />Passed: 1~4a~c~h ~ '1 , 2009 <br />a <br />Approved: ic/', 2009 <br />16 <br />1 iesident of Council <br />~~ <br />Clerk of uncil <br />Mayor <br />Cleveland 72017x0.3 <br />