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ORDINANCE N0. 83-18 <br />INTRODUCED BY: Council as a G7hole <br />AN ORDINANCE AMENDING ORDINANCE NO. <br />83-17 BY REPLACING PARAGRAPH <br />C( 4)( e) OF EXH IB IT I AND DECLAR ING <br />AN EMERGENCY. <br />WHEREAS, Council enacted Ordinance No. 83-17 on October 10, <br />1983; and - <br />WHEREAS, Council has determinec] that Exhibit I, attached to <br />the aforementioned Ordinance, should be amended; now, therefore, <br />BE IT ORDAINED BY THE COUNCIL OF MAYFIELD VILLAGE, OHIO, THAT: <br />Section 1 Paragraph C(4)(e) of Exhibit I to Ordinance <br />No. 83-17 is hereby deleted in its entirety and replaced with the <br />following language: <br />(e) Prior to the issuance of the Bonds, the Company <br />will provide specific representations to the Issuer <br />with respect to the Company°s expectations concerning <br />the number of jobs to be preserved and created by the <br />Projectm The Issuer and the Company will, by an <br />additional agreement or by an amendment to this agree- <br />ment, make provision for actions to be required of the <br />Company in the event that specified job creation <br />expectations are not met. <br />Section 2. All prior ordinances inconsistent with this <br />ordinance in whole or in part are repealed to the extent necessary to <br />avoid conflict with this ordinance. <br />Section 3. That the Council finds and determines that all <br />formal actions of this Council relating to the adoption of this <br />Ordinance have been taken at open meetings of this Council; and that <br />deliberations of this Council and of its committees, resulting in such <br />formal action, took place in meetings open to the public, in <br />compliance with all statutory reguirements, including the requirements <br />of Section 121.22 of the Ohio Revised Code. <br />Section 4. This Ordinance is hereby declared to be an <br />emergency measure immec7iately necessary for the preservation of the <br />health, safety and welfare of the residents of Mayfield Village, Ohio, <br />for the reason that this Ordinance must take effect at the earliest <br />possible time in order to proceed promptly with the issuance and sale <br />of the Bonds in order to maintain and create jobs and advance and <br />promote industrial and economical development within the municipality.