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-10- <br />Section 14. This Council finds and determines that all formal actions of this Council <br />and of any of its committees conceming and relating to the passage of this ordinance were taken <br />in an open meeting of this Council or those committees and that all deliberations of this Council <br />and of any committees that resulted in those formal actions were in meetings open to the public <br />in compliance with the law. <br />Section 15. This ordinance is declared to be an emergency measure necessary for <br />the immediate preservation of the public peace, health, safety and welfare of the City, and for <br />the further reason that this ordinance is required to be immediately effective in order to issue <br />and sell the Notes, which is necessary to enable the City to timely retire the Outstanding Notes <br />and thereby preserve its credit; wherefore, this ordinance shall be in full force and effect <br />immediately upon its passage and approval by the Mayor. <br />r' <br />Passed: 1996 <br />n n ? <br />Attest: aC Clerk of Co ncil <br />? <br />Preside t of Council <br />D03: [00523.DOCS.NOR05225]NOTE_ORD_SAN_SWR_$12_000.