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2109PROCLAMATION OF EMERGENCY AND EFFECTIVENESS OF ORDINANCE The undersigned, Mayor of the City of Blair, Nebraska, hereby proclaims, based upon determination by the Mayor and Council at a meeting held on April 24, 2007, that an emergency exists and is hereby declared to exist due to the urgent need to establish an amended call date with respect to Water System Revenue Bond Anticipation Notes (the "Notes ") previously authorized by action of the Mayor and Council in order to permit the City to carry out its contractual obligations with respect to the issuance of the Notes and the construction of the Project and payment of related costs, and the provisions of water service relative thereto, and that Ordinance No. 2109 shall take effect upon this Proclamation immediately as of the time of first publication in pamphlet form. The title of such ordinance is as follows: AN ORDINANCE AMENDING SECTION 6 OF ORDINANCE NO. 2102 AS PASSED ON MARCH 13, 2007, TO PROVIDE FOR A CHANGE IN THE REDEMPTION PROVISIONS OF THE WATER SYSTEM REVENUE BOND ANTICIPATION NOTES, SERIES 2007A, OF THE CITY OF BLAIR, NEBRASKA, DECLARING AN EMERGENCY AND PROVIDING FOR THE PUBLICATION OF THIS ORDINANCE IN PAMPHLET FORM. Dated this 24th day of April, 2007. ealph, Mayor ORDINANCE NO. 2109 COUNCIL MEMBER ABBOTT INTRODUCED THE FOLLOWING ORDINANCE: AN ORDINANCE AMENDING SECTION 6 OF ORDINANCE NO. 2102 AS PASSED ON MARCH 13, 2007, TO PROVIDE FOR A CHANGE IN THE REDEMPTION PROVISIONS OF THE WATER SYSTEM REVENUE BOND ANTICIPATION NOTES, SERIES 2007A, OF THE CITY OF BLAIR, NEBRASKA, DECLARING AN EMERGENCY AND PROVIDING FOR THE PUBLICATION OF THIS ORDINANCE IN PAMPHLET FORM. BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF BLAIR, NEBRASKA: Section 1. That Section 6 of Ordinance 2102 is hereby amended to read as follows: Section 6. The Notes of this issue shall be subject to redemption, in whole or in part, prior to maturity at the option of the City at any time on or after June 15, 2010 (or such earlier or later date as may be determined in the Designation with respect to each series of Notes), at par plus accrued interest on the principal amount redeemed to the date fixed for redemption. The City may select the Notes to be redeemed in its sole discretion, but Notes shall be redeemed only in amounts of $5,000 or integral multiples thereof. Notes redeemed in part only shall be surrendered to the Paying Agent and Registrar in exchange for new Notes evidencing the unredeemed principal thereof. Notice of redemption of any Note called for redemption shall be given at the direction of the City by the Paying Agent and Registrar by mail not less than thirty days prior to the date fixed for redemption, first class, postage prepaid, sent to the registered owner of such Note at such owner's registered address. Such notice shall designate the Note or Notes to be redeemed by number, the date of original issue and the date fixed for redemption and shall state that such Note or Notes are to be presented for prepayment at the office of the Paying Agent and Registrar. In case of any Note partially redeemed, such notice shall specify the portion of the principal amount of such Note to be redeemed. No defect in the mailing of notice for any Note shall affect the sufficiency of the proceedings of the City designating the Notes called for redemption or the effectiveness of such call for Notes for which notice by mail has been properly given and the City shall have the right to further direct notice of redemption for any such Note for which defective notice has been given. Section 2. That Section 6 of Ordinance 2102, as originally passed on March 13, 2007, is hereby repealed. Section 3. This Ordinance is hereby determined to be a measure necessary to carry out the City's contractual obligations with respect to the construction of the Project and the issuance of the Notes, all as described in Ordinance No. 2102. Section 4. The subject matter of this Ordinance is hereby determined and declared to be an emergency measure requiring the immediate operation of this Ordinance in order to permit the City to carry out its contractual obligations with respect to the issuance of the Notes and the construction of the Project and payment of related costs, and the provisions of water service relative thereto, and this Ordinance shall take effect upon the proclamation of the Mayor immediately upon its first publication in pamphlet form as provided in Section 16 -405. ATTEST: B R. WHEELER, CITY CLERK (SEAL) PASSED AND APPROVED this 24th day of April, 2007. aultd2e-\ STATE OF NEBRASKA ) ) :ss: WASHINGTON COUNTY ) CITY OF BLAIR, NEBRASKA A� S E. REALPH, MAYOR BRENDA R. WHEELER hereby certifies that she is the duly appointed, qualified and acting City Clerk of the City of Blair, Nebraska, and that the above and forgoing Ordinance was passed and approved at a regular meeting of the Mayor and City Council of said City held on the 24th day of April, 2007. BRE DA R. WHEELER, CITY CLERK