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Section 15. Effective Date. This ordinance is declared to be an emergency measure <br />necessary for the immediate preservation of the public peace, health, safety and welfare of the City, <br />and for the further reason that this ordinance is required to be effective immediately in order to issue <br />and sell the Bonds, which is necessary to enable the City to advance refund at a lower interest cost the <br />Refunded Bonds upon terms in the best interest of and advantageous to the City and thereby to <br />achieve interest savings available under current favorable market conditions; wherefore, this <br />ordinance shall be in full force and effect immediately upon its passage and approval by the Mayor. <br />Passed: ????--?-?--?? ? U , 2001 <br />l? <br />Attest: <br />Clerk of C uncil <br />Approved: 2 1 , 2001 <br />?...?. 7 oe,.?...? <br />Mayor <br />\ <br />President of Council ? <br />?- <br />?. -18- <br />