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. <br />-2- <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. 92-33 as it was passed on <br />April 7, 1992 is hereby repealed. <br />Section 3. This Councii finds and determines that all formal actions <br />of this Council concerning and relati.ng to the passage of this ordinance were <br />taken in an open meeting of t h i s c'oiin,; i I an,9 tl,at al.l 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, <br />which is necessary to enable the City to timely retire its outstanding NoY.es <br />and thereby preserve its credit; wherefore, this ordinance shall be in full <br />force and effect immediately upon its passage and approval by the Mayor. <br />Passed: 1992 <br />? <br />Attest : r AL.kt?-2.6., <br />Clerk of Council _ <br />? <br />Approved: 1992 <br />Mayor <br />President of Cou il <br />2- <br />? C CG ? Q L,Ls',.??-" . r?- ',? y?.'•(?..t„?J.1.--: ?..+? .i...? <br />.