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<br />? <br />Section 1: Consistently with the facts, findings and determinations set forth in the recitals, <br />which are hereby approved and confirmed, this Council authorizes and directs the Director of <br />Finance to transfer to the General Obligation Bond Retirement Fund (Fund 410), a sub-fund in the <br />City's Bond Retirement Fund group, as soon as practicable following the effective date of this <br />ardinance, all moneys remaining in the Sewer Bond Retirement Fund (Fund 460), also a sub-fund in <br />the Bond Retirement Fund group, and thereafter to close the Sewer Bond Retirement Fund, the <br />purpose of that sub-fund having been fulfilled and completed. <br />compliance with the law. <br />Section 2: This Council finds and determines that all formal actions of this Council and any <br />of its committees concerning and relating to the passage of this ordinance were taken, and that all <br />deliberations of this Council and of any of its committees that resulted in those formal actions <br />required to be held in meetings open to the public were held, in meetings open to the public in <br />Section 3. This ordinance shall be in full force and effect from and after the earliest time <br />permitted by law. <br />Passed: 2007 <br />U <br />? <br />Attest: a-- <br />Clerk of Council <br />Approved: 2007 <br />? <br />Mayor <br />-2- <br />First Reading: <br />Second Reading: S/? p 7 <br />Third Reading: / 310 7 _ <br />Committee: <br />Presi ent of C cil <br />Approved as to form: <br />Law Director <br />..,