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<br />ORDINANCE NO. 2011-30 <br />PAGE 8 <br />Section 15. This ordinance is declared to be an emergency measure necessary for the <br />immediate preservation of the public peace, health and safety of the Village, and for the further <br />reason that the immediate effectiveness of this ordinance is required in order to effect the issuance <br />and sale of the Notes, which is necessary to enable the Village to retire the Outstanding Note and <br />thereby preserve its credit; wherefore, this ordinance shall be in full force and effect immediately <br />upon its passage and approval by the Mayor. ~ ~~ ~ ® ~ <br />President <br />First reading: <br />July 18, 2011 <br />Second reading: <br />Third reading: <br />Suspended <br />Suspended <br />July 1~; <br />PASSED: <br />;> <br />APPROVED ,~ - l~ <br />' Bruce G. Rinker Date <br />Mayor <br />APPROVED AS TO FO <br />Jose h W. Diemert, Jr., L I~ ector <br />ATTEST: o <br />Mary E. etsa, Clerk of Counc' <br /> <br />