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'?.:;. ,• , .ar? <br />- 7 - <br />Notes, establish a maturity date that is up to three months less than one year from <br />the date of issuance by setting forth that date in the Certificate of Award. <br />Section 36. Section 4 of Ordinance No. 95-83, as passed on this date, but prior to <br />the passage of this ordinance, be and the same is hereby repealed. <br />Section 37. Section 4 of Ordinance No. 95-84, as passed on this date, but prior to <br />the passage of this ordinance, is hereby amended to read as follows: <br />Section 4. The debt charges on the Notes shall be payable in Federal Reserve <br />Funds of the United States of America, without deduction for services of the City's <br />paying agent, at the principal corporate trust office of National City Bank, <br />Cleveland, Ohio (the Paying Agent). The Notes shall be dated the date of issuance <br />and shall mature one year from the date of issuance, provided that the Director of <br />Finance may, if it is determined to be necessary or advisable to the sale of the <br />Notes, establish a maturity date that is up to three months less than one year from <br />the date of issuance by setting forth that date in the Certificate of Award. <br />Section 38. Section 4 of Ordinance No. 95-84, as passed on this date, but prior to <br />the passage of this ordinance, be and the same is hereby repealed. <br />Section 39. This ordinance is declared to be an emergency measure necessary for <br />the immediate preservation of the public peace, health, safety and welfare of the City, and for <br />the further reason that this ordinance is required to be immediately effective in order to issue <br />and sell the Notes, which is necessary to enable the City to timely retire the Outstanding 1994 <br />Notes, and to timely enter into, and meet its obligations under, contracts for the various <br />improvements and thereby preserve the City's credit; wherefore, this ordinance shall be in full <br />force and effect immediately upon its passage and approval by the Mayor. <br />Passed: 1995 <br />Attest: i <br />Clerk of Council <br />ovy <br />_ P of Council <br />,7lideint <br />? <br />.?-L?J <br />? <br />,?- G u • q? E_, .e ._ ?CC . ? <br />D03: [00523.DOCS.NOR05223]AMENDING_ORDINANCE. ; ,... _ ??? ?? ??;??• ..,,. .w , ? __ ? <br /> <br /> <br />Approved: 4? ? , 1995