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~. <br />,,. <br />owners of the Refunded Bonds and the Other Refunded Obligations <br />and pledged to the payment of principal of and interest and <br />redemption premium on the Refunded Bonds and the Other <br />Refunded Obligations." <br />Section 4. Sections 1, 3 and 9 of Ordinance No. 2006-25, as passed on February 21, <br />2006, be and are hereby repealed. <br />Section 5. This Council finds and determines that all formal actions of this Council and <br />of any of its committees concerning and relating to the passage of this ordinance were taken, and <br />that all deliberations of this Council and of any committees that resulted in those formal actions <br />were held, in meetings open to the public in compliance with the law. <br />Section 6. This ordinance is declared to be an emergency measure necessary for the <br />immediate preservation of the public peace, health, safety and welfare of the City, and for the <br />further reason that this ordinance is required to be immediately effective in order to permit the City <br />to issue the Bonds authorized by Ordinance No. 2006-25 on any date on or after June 1, 2006 and <br />on or prior to December 1, 2006, to assist the City in achieving additional interest cost savings; <br />wherefore, this ordinance shall be in full force and effect immediately upon its passage and approval <br />by the Mayor. <br />%~~ <br />Passed: ~~f(r6 ~~ , 2006 <br />Attest: ~~~1 <br />- `„`, l <br />Clerk of Counci~ <br />Approved: _ ~d , 2006 <br />t • D' <br />Mayor <br />.~-- `~- <br />President of Co cil <br />,Jl moo,( J'.f S- / l6 /0 G <br />~.. ~ . <br />--,, , <br />~~~~.~ <br />a~'~'_~~ <br />~""~ <br />-9- <br />