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Sec. 11. This ordinance is hereby declared to be an emergency measure, <br />necessary for the immediate preservation of the public peace, health, safety <br />and welPare of the Village of Mayfield and its inhabitants and for the further <br />reason that the immediate issuance and sale of the note herein authorized is <br />necessary to provide funds to enable the Village to retire its existing <br />indebtedness and thereby preserve its credits, and therefore this ordinance <br />shall be in full force and effect immediately upon its passage. <br />Passed this 21st day of February, 1966. <br />payor - Presidettt of Council <br />Attest: ., <br />C <br />(Seal) . Clerk-Treasure <br />