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refunding of the Series 1997 Bond and the Series 1998 Note (each as defined in the Authorizing <br />Ordinance) including the payment of City'funds to pay all interest accrued on the Series 1997 <br />Bond and the Series 1998 Note, together with proceeds of the Bonds to pay the principal of the <br />same, sufficient to redeem~ defease and refund the same. <br /> <br />Section 10. ' Effectiveness and Filing of Supplemental Ordinance <br /> <br /> The Council hereby declares in the public interest that an emergency exists and that this <br />Supplemental Ordinance shall become effective immediately upon its passage as provided for in <br />the Act and as an emergency measure pursuant to Section 3 of Chapter 3 of the City Charter. A <br />certified copy of this Supplemental Ordinance shall be filed by the Clerk with the Clerk of the <br />Circuit Court of the City of Martinsville, Virginia. The filing of this Supplemental Ordinance <br />with the Clerk of the Circuit Court of the City of Martinsville, Virginia shall be deemed to be the <br />filing of an initial resolution or ordinance with such Court for all purposes of the Act. <br /> <br />The Members of the Council voted as follows: <br /> <br />Ayes <br /> <br />Nays <br /> <br />Absent <br /> <br />Abstentions <br /> <br />Adopted this <br /> <br />day of June, 1999. <br /> <br />7 <br /> <br /> <br />