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Section 15. This Council finds and determines that all formal actions of this Council and of <br />any of its committees concerning and relating to the passage of this ordinance were taken, and that <br />all deliberations of this Council and of any committees that resulted in those formal actions were <br />held, in meetings open to the public in compliance with the law. <br />Section 16. This ordinance is declared to be an emergency measure necessary for the <br />immediate preservation of the public health, safety and welfare of the City, and for the further <br />reason that this ordinance is required to be immediately effective in order to issue and sell the Notes, <br />which is necessary to enable the City to timely retire the Outstanding Note and thereby preserve its <br />credit; wherefore, this ordinance shall be in full force and effect immediately upon its passage and <br />approval by the Mayor. <br />Passed: _Of a it J L t � r3 , 2014 <br />Attest:.' <br />Clerk of Council <br />Approved: �)- I I cY , 2014 <br />—� Mayor <br />-7- <br />President of Cou c" <br />i <br />n�;a <br />r_ 1 <br />°� t'1i 1%1i aLC, 1 -j r'-Iit 1/l Lam,.. <br />