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obligations of the City to keep and perform the covenants contained in this Ordinance. <br /> <br /> Section 15. Effective Date, Recording and Authentication. This ordinance shall be in full <br />force and effect 30 days after publication following final passage. This ordinance, as adopted by the <br />Council, shall be numbered and recorded by the City Clerk in the official records of the City. The <br />adoption and publication shall be authenticated by the signatures of the Mayor and City Clerk, and by <br />the certificate of publication. <br /> <br /> Section 16. Statutes Superceded. Pursuant to Article XX of the Colorado Constitution and <br />the City Charter, all statutes of the State of Colorado which might otherwise limit the City's ability to <br />execute, deliver and perform its obligations under the Loan Agreement or the Bond are hereby <br />superceded. <br /> <br /> Section 17. The City Council herewith finds, determines, and declares that this Ordinance is <br />necessary for the immediate preservation of the public health and safety in order to permit the City to <br />timely pursue the acquisition of water rights for the System, such acquisitions being needed to augrnent <br />City water supplies for the current year, and, as provided by Section 4-12 of the City Charter, this <br />Ordinance shall take effect upon final adoption if approved by two-thirds of the members of the entire <br />City Council and shall be published in full following such final adoption. <br /> <br /> INTRODUCED, READ, PASSED <br />PUB ,~March, 2003. <br /> Nancy Vakra, City Clerk <br /> <br />ON FIRST READING, AND ORDERED <br /> <br />Tom I~avidsoh, ~yor <br /> <br />APPROVED AS TO FORM: <br /> <br />Lig <br /> City Attorney <br /> <br /> <br />