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v . ....,. ., ., ,~ ~.~ a ~,~ a~ <br />.~+-. <br />.., <br /> <br />-5- <br />payment of the debt charges on the Notes; and that no statutory or constitutional limitation of <br />indebtedness or taxation will have been exceeded in the issuance of the Notes. <br />Section 13. This Council finds and determines that all formal actions of this Council <br />concerning and relating to the passage of this ordinance were taken in an open meeting of this <br />Council and that all deliberations of this Council and of any committees that resulted in those <br />formal actions were in meetings open to the public in compliance with the law. <br />Section 14. 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 1994 Notes and <br />thereby preserve its credit; wherefore, this ordinance shall be in full force and effect <br />immediately upon its passage and approval by the Mayor. <br />Passed: <br />Attest: <br /> <br />~,~~ <br />~; <br />resident of Council <br />Approved: ~ , 1994 <br />