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• <br /> Section 11 . That all ordinances, resolutions and <br /> parts thereof in conflict herewith are hereby repealed to the <br /> extent of such conflict. <br /> Section 12 . The Company shall pay all costs of the <br /> Project, costs and expenditures incidental thereto, and <br /> financing costs (including all costs of authorizing and issuing <br /> the Bonds) not paid from proceeds of the Bonds . <br /> Section 13 . That there is hereby found and declared <br /> to be an immediate need for the securing and developing of <br /> industry in order to provide employment and payrolls, alleviate <br /> unemployment and otherwise benefit the public health, safety and <br /> welfare of the City and the inhabitants thereof, and the <br /> issuance of the bonds authorized hereby and the taking of the <br /> other action authorized hereby are immediately necessary for the <br /> accomplishing of these public benefits and purposes. It is, <br /> therefore, declared that an emergency exists and this Ordinance <br /> being necessary for the immediate preservation of the public <br /> peace, health and safety shall be in force and effect <br /> immediately upon and after its passage. <br /> • PASSED: Z o , 1984. <br /> APPROVED: <br /> ATTEST: <br /> Mayo r <br /> City Cler <br /> (SEAL) <br /> • <br />