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- 6 - <br />Section 12. This Council determines that all acts and conditions <br />necessary to be done or performed by the City or to have been met precedent to <br />and in the issuing of the Notes in order to make them legal, valid and binding <br />general obligations of the City have been performed and have been met, or will <br />at the time of delivery of the Notes have been performed and have been met, in <br />regular and due form as required by law; that the full faith and credit and <br />general property taxing power (as described in Section 9) of the City are <br />pledged for the timely payment of the debt charges on the Notes; and that no <br />statutory or constitutional limitation of indebtedness or taxation will have <br />been exceeded in the issuance of the Notes. <br />Section 13. This Council finds and determines tkiat all formal <br />actions of this Council concerning and relating to the passage of this ordi- <br />nance were taken in an open meeting of tkiis Council and that all deliberations <br />of this Council and of any committees that resulted in those formal actions <br />were in meetings open to the public in compliance with the law. <br />Section 14. This ordinance shall be effective from and after the <br />earliest time permitted by law. <br />Passed: `- tc.~L- ~~ 1991 <br />Attest : `~~ ~ ~ .~~ '~ c1 ;~ ld ~ v~1~ __ ~ ~J ~ ~1;,'v,.-,,~,. <br />j Clerk of Counc~l ;~I President of Council <br />~_. ~- ~ <br />Approved: V~ ~~ 1991 <br />or <br /> <br />