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Section 13. Effective Date. This ordinance is declared to be an emergency measure <br /> necessary for the immediate preservation of the public health safety and welfare of this City and for <br /> the further reason that this ordinance is required to be immediately effective, which is necessary to <br /> enable the City to take advantage of current favorable market conditions and refund the Refunded <br /> Bonds at a lower interest cost and thereby achieve cost savings; wherefore,this ordinance shall be in <br /> full force and effect immediately upon its passage and approval by the Mayor. <br /> Passed: vex (0 , 2015 <br /> Attest: V44-12---6 A/ L 0 t Of' <br /> Clerk of Council President of Coun P <br /> Approved: /0((P , 2015 <br /> ox.�� lied ; 9 �)'s <br /> LAC/ cti4CL4 • 1 <br /> Mayor 'MA/Id (L JOCL4 . J tA,P ")( <br /> (Awn114,4 i 1.cc H . ,C,y,Q.wt. <br /> - 17 - <br />