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Section 15. This Council determines that all acts and conditions necessary to be done or <br />performed by the City or to have been met precedent to and in the issuing of the Notes in order to <br />make them legal, valid and binding general obligations of the City of North Olmsted have been <br />performed and have been met, or will at the time of delivery of the Notes have been performed and <br />have been met, in regular and due form as required by law; that the full faith and credit and general <br />property taxing power (as described in Section 9) of the City are pledged for the timely payment of <br />the debt charges on the Notes; and that no statutory or constitutional limitation of indebtedness or <br />taxation will have been exceeded in the issuance of the Notes. <br />Section 16. 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 17. This ordinance shall be in full force and effect from and after the earliest time <br />permitted by law. <br />Passed: 114,1vaCy 'Zl, 7sZ0 , 20 <br />Attest.{� <br />J4 <br />Clerk ot Council <br />Approved: 1 `Z�'Zr� , 2( <br />; , - 2K::--� <br />Mayor <br />7- <br />President 610U&iI <br />