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<br /> <br />notices, certificAtes or other documents to secure an <br />allocation of part of the State of Ohio's ceiling on "private <br />activity bonds" imposed by Section 103(n) of the Internal <br />Revenue Code of 1954, for the Bonds. <br />Section 5. This Council hereby finds and determines <br />that all formal actions relative to the adoption of this <br />Ordinance were taken in an open meeting of this Council, and <br />that all deliberations of this Council and of its committees, <br />if any, which resulted in formal action, were taken in meetings <br />open to the public, in full compliance with applicable legal <br />requirements, including 121.22 of the Ohio Revised Code. <br />Section 6. This Ordinance is hereby declared to be an <br />emergency measure necessary for the immediate preservation of <br />the public peace, health or safety, and for the further reason <br />that this Ordinance must be immediately effective to induce the <br />Borrowers to acquire, construct, rehabilitate, install and <br />equip the Project in the City and thus alleviate unemployment <br />and provide additional tax revenues to the City; wherefore, <br />this Ordinance shall take effect and be in force immediately <br />upon its adoption. <br />ADOPTED: October 4- , 1985. <br />Voting Aye thereon: <br />Attest: <br />F`?lorence B. Camp? 11, <br />Clerk of Council <br />/ <br />APPRO <br />Robert W. SwietyniqWs <br />Mayor ? <br />CITY COUNCIL OF THE CITY OF <br />NORTH OLMSTED, OHIO <br />1 4 -?8 <br />Jaem-sis Boehmer,- <br />ident of Council <br />-5-