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the proposed financing complies with the purposes and provisions <br />of the Act, and approved such financing, including, but <br />not limited to the forms and terms of the financing agreement <br />consisting of the Lease and Trust Indenture and the Bonds; and <br />WHEREAS, this Common Council of the City of South Bend, <br />Indiana, now finds that the proposed financing of such facilities <br />for Industrial Realty will be of benefit to the health <br />or welfare of the City of South Bend, Indiana, and that, accordingly <br />this resolution should be adopted. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of <br />the City of South Bend, Indiana, that; <br />Section 1. Such financing for Industrial Realty, an <br />Indiana corporation, under the Act be and the same is hereby <br />approved. <br />Section 2. This resolution shall be in full force and <br />effect from and after its passage by the Common Council and <br />approval by the Mayor. <br />i <br />PRESENTED BY:, <br />Counci n <br />Passed and adopted by the Common Council of the City of <br />South Bend, Indiana, on the I& t f day of �C, � ,__ > , 1974. <br />AT T: <br />President° of- ouncil <br />l City Clerk <br />Presented by me to the Mayor of the City of South Bend, <br />Indiana, on the day of `�� ,�1 , 1974 . <br />at the hour of ,t;c —o M. <br />City Clerk <br />This resolution approved and signed by me on the <br />day of � � . 1974, at the hour of "/-*0o P.M. <br />ATTEST: <br />��-ck, -�� � / ��t� -i,- ,.ter -•tee <br />City Clerk <br />