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to be binding against all parties having claims of any kind, in tort, contract, or otherwise against <br /> the City, regardless of whether the parties have notice of any such lien. <br /> SECTION X. No Liability. No stipulation, obligation or agreement herein contained or <br /> contained in the Financing Documents,the Bonds or in any other agreement or document executed <br /> on behalf of the City shall be deemed to be a stipulation, obligation or agreement of any member <br /> of the Common Council, or any officer, agent or employee of the City in his or her individual <br /> capacity, and no such member of the Common Council, officer, agent or employee shall be <br /> personally liable on the Bonds or be subject to personal liability or accountability by reason of the <br /> issuance thereof. <br /> SECTION XI. Severability. If any section, paragraph or provision of this <br /> Ordinance shall be held to be invalid or unenforceable for any reason, the invalidity or <br /> unenforceability of such section, paragraph or provision shall not affect any of the remaining <br /> provisions of this Ordinance. <br /> SECTION XII. Open Meetings. It is hereby determined that all formal actions of <br /> the Common Council relating to the adoption of this Ordinance were taken in one or more open <br /> meetings of the Common Council, that all deliberations of the Common Council and of its <br /> committees, if any, which resulted in formal action, were in meetings open to the public, and that <br /> all such meetings were convened, held and conducted in compliance with applicable legal <br /> requirements, including Indiana Code 5-14-1.5, as amended. <br /> SECTION XIII. Further Authorizations. The Mayor, the Clerk, the Controller of <br /> the City and any other officer of the City are hereby authorized and directed, in the name and on <br /> behalf of the City, to execute, attest and deliver such further instruments and documents, and to <br /> take such further actions, in the name of the City as in their judgment shall be necessary or <br /> advisable in order fully to consummate the transactions described herein and carry out the purposes <br /> of this Ordinance, and any such documents heretofore executed and delivered and any such actions <br /> heretofore taken,be, and hereby are, ratified and approved. <br /> SECTION XIV. Ratification of Actions. All acts of the officers of the City which <br /> are in conformity with the purpose and intent of this Ordinance and in the furtherance of the <br /> issuance of the Bonds and the execution, delivery and performance of the documents and <br /> agreements authorized hereby are in all respects ratified, approved and confirmed. <br /> SECTION XV. No Conflict. Any ordinances,resolutions or orders or parts thereof <br /> in conflict with this Ordinance are to the extent of such conflict hereby repealed. <br /> SECTION XVI. Effectiveness. This Ordinance shall be in full force and effect upon <br /> adoption and compliance with Indiana Code 36-4-6. <br /> [Signature Page Follows] <br /> 5 <br />