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make them legal, valid and binding general obligations of the City of North Olmsted have been <br />performed and have been met, or will at the time of delivery of the Notes have been performed and <br />have been met, in regular and due form as required by law; that the full faith and credit and general <br />property taacing power (as described in Section 9) of the City are pledged for the timely payment of <br />the debt charges on the Notes; and that no statutory or constitutional limitation of indebtedness or <br />taxation will have been exceeded in the issuance of the Notes. <br />Section 15. This Council finds and determines that all formal actions of this Council <br />and of any of its committees concerning and relating to the passage of this ordinance were taken, <br />and that all deliberations of this Council and of any committees that resulted in those formal actions <br />were held, in meetings open to the public in compliance with the law. <br />Section 16. This ordinance shall be in full force and effect from and after the earliest <br />time permitted by law. r 1 <br />Passed: 'LP 2004 <br />, <br />.--? <br />Attest; -??-a-- <br />i Clerk of Council r' <br />i L.._ _.... <br />\ <br />Approved: e l <6 , 2004 <br />i.000•?-7 <br />Mayor <br />.i?... <br />President of Counc' <br />-7-