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Section 12. Compliance with Open Meeting Requirements. This Council finds and <br />determines that all formal actions of this Council and of any of its committees concerning and relating <br />to the passage of this ordinance were taken, and that all deliberations of this Council and of any <br />committees that resulted in those formal actions were held, in meetings open to the public in <br />compliance with the law. <br />Section 13. Effective Date. This ordinance is declared to be an emergency measure <br />necessary for the immediate preservation of the public 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 and sell <br />the Bonds, which is necessary to enable the City to timely retire the Outstanding Notes and thereby <br />preserve its credit; wherefore, this ordinance shall be in full force and effect immediately upon its <br />passage and approval by the Mayor. <br />Passed: Q , 2012 <br />Attest: <br />Clerk of Council <br />Approved: 10 IcA , 2012 <br />? <br />President o Coun ' <br />?a- <br />?coj-d (Lekd ? ?j <br />?I?u ?d 2e?u? ov??, S'us?X rc? ?? -17- <br />