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'0rr, <br />Section 3. That the Mayor and City Clerk be, and they are hereby, <br />authorized and directed, for and on behalf of the City, to do all things, execute <br />all instruments and otherwise take all action necessary to the realization of the <br />City's rights and to the discharge of the City's obligations as Seller under the <br />Sale Agreement. <br />Section 4. That the provisions of this Ordinance are hereby declared <br />to be severable, and if any section, phrase or provision shall, for any reason, <br />be declared to be invalid, such declaration shall not affect the validity of the <br />remainder of the sections, phrases and provisions. <br />Section 5. That all ordinances and parts thereof in conflict herewith <br />are hereby repealed to the extent of such conflict. <br />Section 6. That there is hereby found and declared to be an immediate <br />need for the securing and developing of industry in order to provide additional <br />employment and increased payrolls, alleviate unemployment and provide other <br />benefits incidental to the.operation of a substantial industry, and the execution <br />M <br />and delivery of the Sale Agreement authorized by this Ordinance are necessary <br />for the accomplishment of these public benefits and purposes. It is, therefore, <br />declared that an emergency exists, and this Ordinance, being necessary for the <br />immediate preservation of the public health, safety and welfare, shall be in <br />force and take effect immediately upon and after its passage. <br />PASSED: <br />ATTEST: <br />City Clerk <br />(SEAL) <br />1975. <br />APPROVED: <br />Mayor <br />