92-092 Ordinance - Laserfiche WebLink

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- 5 - Section 11. The Clerk of Council is directed to deliver a certified copy of this ordinance to ttie County Auditor. Section 12. This Council determines that all acts and conditions necessary to be done or performed by the City or to have been met precedent to and in the issuing of the Notes in order to make them legal, valid and binding general obligations of the City have been perfor.med and have been met, or will at the time of delivery of the Notes have been performed and have been met, in regular and due form as required by 1aw; that the full fait.h and credit and general property taxing power (as described in Section 9) of the City are pledged for the timely payment of the debt charges on the Notes; and that no statutory or constitutional limitation of indebtedness or taxation will have been exceeded in the issuance of the Notes. Section 13. This Council finds and determines that all formal actions of this Council concerning and relating to the passage of this ordi- nance were taken in an open meeting of this Council and that all deliberations of this Council and of any committees that resulted in those formal actions were in meetings open t.o ttie public in compliance with the law. Section 14. 'Chis ordinance is declai-ed to be an emergency measure necessary for the immediate preservation of the public peace, health, safety and welfare of the City, and for the further reason that this ordinance is required to be immediately effective in order to issue and sell the Notes, which is necessary to enable the City to timely retire the 1992 Notes and tliereby preserve its credit; wherefore, this ordinance sha11 be in full force and effect immediately upon its passage and approval by the Mayor. Passed: 1992 A t t e s t: Clerk of Counc' \ , Approved: 1992 V Mayor ? President of Council ,,? . .. i ?•? e ?,?1.?'° ? ,? r ,,1? / - /•? . ?f ? . ,?J