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• <br /> be "arbitrage bonds" under the Code, or would otherwise cause the in- <br /> terest on the Warrant or any of the Warrants to cease to be exclu- <br /> dable from gross income for purposes of Federal income taxation; and <br /> the City Controller and all other appropriate officers are hereby <br /> authorized and directed to take any and all actions and to make and <br /> deliver any and all reports, filing and certifications as may be <br /> necessary or appropriate to evidence, establish or ensure such con- <br /> tinuing exclusion of the interest on the Warrants. The City shall <br /> comply with the arbitrage rebate requirements under Section 148 of <br /> the Code to the extent applicable. <br /> Section 10. This Ordinance shall be in full force and effect <br /> from and after the time it has been passed by the City Common Coun- <br /> cil, signed by the President of the City Common Council, approved by <br /> the Mayor, and otherwise executed and delivered in accordance with <br /> any and all laws pertaining hereto. <br /> 40 <br /> fir <br /> the Commo j ncil <br /> QEADING 13 alt <br /> ruisU C HEARING —a 7—S 9 <br /> 2nd READING ,2— 7—J 9 <br /> NOT APPROVED <br /> REFERRED <br /> PASSED -11-19 <br /> - 8 - <br />