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performed and have been met, or will at the time of delivery of the Notes have been performed and <br />have been met, in regular and due form as required by law; that the full faith and credit and general <br />property taxing power (as described in Section 9) of the City are pledged for the timely payment of <br />the debt charges on the Notes; and that no statutory or constitutional limitation of indebtedness or <br />taxation will have been exceeded in the issuance of the Notes. <br />Section 14. This Council finds and determines that all formal actions of this Council and of <br />any of its committees concerning and relating to the passage of this ordinance were taken, and that <br />all deliberations of this Council and of any committees that resulted in those formal actions were <br />held, in meetings open to the public in compliance with the law. <br />Section 15. This ordinance shall be in full force and effect from and after the earliest time <br />permitted by law. <br />Passed: ~~ yL/,~C~2~ /(o , 2010 <br />Attest: ~~~~ <br />Clerk of Council <br />Approved: ~"' ~ 7 , 2010 <br />President of Council <br />M or <br />-6- <br />