Laserfiche WebLink
<br />reprinting the Series 1985 Bonds so as to conform with the <br />amendments to Ordinance No. 859 made by this Ordinance. <br /> Section 4. Ordinance Irrepealable. This Ordinance <br />shall be and remain irrepealable un t i I the Series 1985 Bonds and <br />the interest accrued thereon shall have been fully pa i d , <br />sat i s f i ed , and discharged. <br /> Section 5. Repealer. All ordinances, or parts thereof, <br />in conflict with this Ordinance are hereby repe aled, but only to <br />the extent of such conflict. <br /> Section 6. Severability. If one or more sections or <br />part of this Ordinance shall be adjudged unenforceable or invalid, <br />such judgment shall not effect, impa i r , or i nval ida te the <br />r ema in ing provisions of this Ordinance, it be i ng the intention <br />that the var i ous provisions hereof are severable. <br /> Section 7 . Emergency Declaration. Insofar as it is <br />necessary to amend Ordinance No. 859 immed ia tely in order to allow <br />immediate iss uance of the refunding bonds, thus allowing the City <br />to take advantage of presently existing interest rates, and avoid <br />the effective date of certain proposed federal legislation, wh i c h <br />federal legislation may have a detrimental effect upon the City's <br />ability to issue the refunding bonds and i nves t the proceeds <br />thereof, the provisions of this Ordinance are hereby declared to <br />be necessary to the immediate preservation of the pub 1 i c he a I t h <br />and safety, and shall become effective upon adoption in accordance <br />with ~31-l6-l0 5, C.R.S. <br /> Section 8. Recording and Authentication. Immediately <br />on its passage this Ordinance shall be recorded in the Ordinance <br />Book of the City kept for that purpose, authenticated by the <br /> - 4 - <br />