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; ,...,_ ...._. ..... . ....... ..._.. . <br />- 5 - <br />pledged for the timely payment of the debt charges on the Note; and that no <br />statutory or constitutional limitation of indebtedness or taxation will have <br />been exceeded in the issuance of the Note. <br />Section 13. This Council finds and determines that all formal <br />act.ions of this Council concerning and relati.ng to the passage of this <br />ordinance were taken in an open meeting of this Council and that all delibera- <br />tions vf this Council and of any comtnittees that resulted in those formal <br />actions were in meetings open to the public in compliance with the law. <br />Section 14. This or.dinance is declared to be an emergency measure <br />necessary for the immediate preservation of the public peace, healtti, safety <br />and welfare of the City, and for the further reason t.hat this ordinance is <br />required to be immediately effective in order to issue and sell the Note, <br />which is necessary to enable the City to timely retire the 1991 Note and <br />tliereby preserve its credit; wherefore, this ordinance shall be in full force <br />and effect immediately upon its passage and approval by the Mayor. <br />, <br />P a s s e d:?.?-<-e-??,?? 1992 <br />,.l <br />.. l ? : <br />Attest: <br />' Clerk of Council( <br />?_. <br />Approved: 1 , 1992 <br />67 <br />Mayor " <br />President of Council <br />rJ /? <br />J?? ?' .t'.?`)L.?-_- ?,f C?-?C-._•? ? ?C?'?3 ??v r"' <br />I ??C,? ??c?c...r?.- ?.LG?-.•?e?_,?; . ,?