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Section 6: St is hereby determined t11at all actsp conditions and things <br />necessary to be done' praceden.t to and in the issuing of these bonds in order to <br />ma.ke -them 1,ega1.. valid and bind3ng obligations of said Citg, have been dones <br />performed and have happened i.n regular anci due fcm as required by law; that <br />the faith, credit and revenue of said Citg are Iaereby irrevecably pZedged for <br />the prompt payment of the principal and interest t,hereaf at maturity and that <br />no limitatian of indebtedness or taxation., either statutory or constitutional, <br />has been axceeded in issuing these bonds, <br />Section 7: This ordinanee is hereby dec].ared to be an emsrgeney measura <br />necessary for the presexvation of the public pesee.* welfare and safety of the <br />CitY of North 4lmsted., and suah emergemy exista by virtue of t.he imadi,ate <br />necess3.ty that the notes issmd fErr these improveanents have matured or arelabaizt <br />to mature and must be retired with the proceeds of the bonds authorized hm-ein <br />to protect the credit of the City. <br />Section 8s bherefore, this Ordinarice sha11 tace immed3.ats effect fraan <br />and after its passage., otherwi.se., at the earliest period al.lowed tYy law. <br />PASSEDs July 7, 1959 <br />A'1TES`P : . <br />E. M, Christmans, er o ounc <br />----?_ <br />aze ton, es ent of onnQ <br />lrS1Tl /RSY.fT _ <br />3. <br />V`/J <br />? <br />/ ? <br />i <br />?.., .