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Section 12. This Council determines that all acts and conditions necessary to be done or <br />performed by the City or to have been met precederrt to and in the issuing of the Notes in order to <br />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 Iaw; that the full faith and credit and general <br />property taxing power (as described in Section 9) of the City are pledged for the timely paymern 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 13. This Council finds and determines that a11 formal actions of this Council and of <br />any of its committees concerning and relating to the passage of this ordinance were taken, and that <br />all deliberations of this Council and of any committees that resulted in those format actions were <br />held, in meetings open to the public in compliance with the law. <br />Section 14. This ordinance shall be in full force and effect fr4m and after the earliest time <br />permitted by law. <br />Passed: -30 , 2002 <br />, <br />..- <br />Attest: % <br />arbara L. Seman, Cler of Councii <br />Approved: .2? 2002 <br />Norman T. Musial, Mayor <br />,; ?- (?J)4 <br />Thomas E. O'Grady, Presidetrt of Council <br />Fust Reading: 1 b o a <br />Second Reading: ? 3 G ?-- <br />Third Reading: 4/ v ?.- <br />Committee: ? ?..LcZjILe-C- <br />-6- <br />, ?--.a' ,- .--. s..a1,,;- ,}.,,',- ;-I ._.