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0917 q'y ORDINANCE NO. 917 AN ORDINANCE RATIFYING ORDINANCE NO. 916~ ADOPTED AND APPROVED NOVEMBER 28~ 1989; DECLARING AN EMERGENCY; AND FOR OTHER PURPOSES WHEREAS~ the City Council of the City of Jacksonvillep Arkansas~ at a special meeting held November 28~ 1989r adopted Ordinance No. 916~ being an Ordinance entitled: AN ORDINANCE APPROVING THE ISSUANCE OF HOSPITAL REVENUE REFUNDING BONDS; APPROVING A TRUST INDENTURE; DECLARING AN EMERGENCY; AND FOR OTHER PURPOSES WHEREAS~ it is appropriate that the adoption and approval of Ordinance No. 916 be ratified; NOW THEREFORE~ Be It Ordained by the City Council of the City of Jacksonville, Arkansas: Section 1. Ordinance No. 916~ adopted and approved November 28p 1989 is hereby ratified. Section 2. Timely issuance of the hospital revenue refunding bonds authorized by Ordinance No. 916 will result in substantial savings of interest for the City and Rebsamen R€gional Medical Center. Therefore~ an emergency is declared and this Ordinance~ being necessary for the preservation of the public peace~ health and safety~ shall be in force upon its adopt i 011 . APPROVED this 7th day of December~ 1989. ATTEST: !LJ \ VJ ~ "A.~ C~ i t'y-e'l erk.. Lu 1 a i\7t:-... Leonard ~~~~ MA YOR/ ' // APPROVED S. TO F~~ --~~ -- City J:ornev Keith ~~ghan