Laserfiche WebLink
• 15th day of the second calendar month after the close of the <br /> calendar quarter in which the Series 2002 Refunding Bonds are <br /> issued, the statement required by Section 149 (e) of the Code. <br /> Section 8. The provisions of this Ordinance are hereby <br /> declared to be severable and if any provision shall for any reason <br /> be held illegal or invalid, such holding shall not affect the <br /> validity of the remainder of the Ordinance. <br /> Section 9. This Ordinance shall not create any right of <br /> any kind and no right of any kind shall arise hereunder pursuant to <br /> it until the Series 2002 Refunding Bonds shall be issued and <br /> delivered. <br /> Section 10. All ordinances and resolutions or parts <br /> thereof in conflict herewith are hereby repealed to the extent of <br /> such conflict. <br /> Section 11 . It is hereby ascertained and declared that <br /> the terms for the Series 2002 Refunding Bonds (reflecting interest <br /> savings) are in the interest of the City and are conditioned upon <br /> issuance of the Series 2002 Refunding Bonds as scheduled. It is, <br /> therefore, declared that an emergency exists and this Ordinance <br /> being necessary for the immediate preservation of the public peace, <br /> health and safety shall take effect and be in force from and after <br /> its passage. <br /> • PASSED: 2002 . <br /> APPROVED: <br /> ATTEST: <br /> 1/Y\.V14) <br /> n�) (,, �26� Mayo r <br /> City Clerk <br /> (SEAL) <br /> • 9 <br />