1978 023 Ordinance - Laserfiche WebLink

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ORDINANCE NO. 78-23 Page -3- be placed in a separate and distinct fund which, together with the interest collected on the same, shall be irrevocably pledged for the payment of the principal and interest of said note or bonds in anticipation of which it is issued, when and as the same fall due. Section 9. It is hereby determined and recited that all acts, conditions and things required to be done precedent to and in the issuance of said note, in order to make the same a legal, valid and binding obligation of the Village of Mayfield, have happened, been done and performed in regular and due form and as required by law; and that the amount of indebtedness to be incurred by the is- suance of this note does not exceed any limitation of indebtedness now fixed by law. Section 10. The Clerk is hereby directed to forward a certified copy of this ordinance to the County Auditor. Section 11. It is hereby found and determined that all formal actions of this Council concerning and relating to the adoption of this ordinance were adopted in an open meeting of this Council, and that all deliberations of this Council and of any of its committees that resulted in such formal action, were in meetings open to the public, in compliance with all legal requirements includinq Section 121.22 of the Ohio Revised Code. Section 12. The Director of Finance is authorized to carry into effect the terms of thYS ordinance immediately in order to avoid costly lit3gation to the municipality and to take any steps which he deems necessary to secure funds and turn them over to the order of the Law Director for payment to Dolores Myotte and to her attorney Earl Longley in settlement of the pending litigation. Section 13. This is an emergency measure immediately neces- sary for the preservation of the health, safety and welfare of the residents of the municipality in that it provides for necessary flood control and recreation. It shall therefore take effect immediately upon passage by the affirmative vote of not less than five (5) members elected to Council and approval by the Mayor, or otherwise at the earlsest time allowed by law. ? . r " res,i;deFYt of Council PASSED: April 27 1978 fAPPROVED: ' `- ? ' 027/ 7 ert Beebe, Mayor Date APPROVED AS TO FORM: Guerin L. Avery. Law Director _gt? ATTEST: "?.L' Clerk of Council