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92-049 Ordinance
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92-049 Ordinance
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1/20/2014 12:16:35 PM
Creation date
1/17/2014 7:39:53 AM
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North Olmsted Legislation
Legislation Number
92-049
Legislation Date
5/5/1992
Year
1992
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.. .? ?t <br />f +, <br />. + -2- <br />date following the giving of that notice (unless the <br />requirement of that notice is waived as stated above), <br />interest on the principal amount prepaid shall cease to <br />accrue on the prepayment date, and upon the request of the <br />Director of Finance the original purchaser of the Notes shall <br />arrange for the delivery of the Notes at the designated <br />office of the Paying Agent for prepayment and surrender and <br />cancellation." <br />Section 2. Section 4 of_ Ordinance No. 92-30 as it was passed on <br />April 21, 1992 is hereby repealed. <br />Section 3. This Council finds and determines tkiat all formal actions <br />of this Council concerning and relating to the passage of this ordinance were <br />taken in an open meeting of this Council and that all deliberations of this <br />Council and of any committees that resulted in those formal actions were in <br />meetings open to the public in compliance with the law. <br />Section 4. This ordinance is declared to be an emergency measure <br />necessary for the immediate preservation of the public peace, health, safety <br />and welfare of the City, and for the further reason that this ordinance is <br />required to be immediately effective in order to issue and sell the Notes with <br />the terms required by the purchaser, which is necessary to enabie the City to <br />enter into contracts for the construction of the improvement; wherefore, this <br />ordinance shall be in full force and effect immediately upon its passage and <br />approval by the Mayor. <br />..- <br />Passed: ?.- C? , 1992 <br />-? <br />A t t e s t: e <br />Clerk of Cou cil i President of Council <br />? <br />?- <br />Approved : 1992 <br />, <br />? ? <br />ezl-l <br />Mayor
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