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WHEREAS, the Commission at such meeting by a duly adopted <br /> written resolution, incorporated herein by reference, found <br /> that the proposed financing complies with the purposes and <br /> provisions of the Act, and approved such financing, including, <br /> but not limited to, the forms and terms of the financing <br /> agreement consisting of the Lease and Trust Indenture and <br /> 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 National Computing Corporation will be of benefit to the <br /> health or welfare of the City of South Bend, Indiana, and that <br /> accordingly, this resolution should be adopted. <br /> NOW, THEREFOR, BE IT RESOLVED by the Common Council of the <br /> City of South Bend, Indiana, that; <br /> Section 1. Such financing for National Computing Corporation <br /> under the Act be and the same is hereby 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 /> Presented by 4 <br /> Councilman <br /> Passed and adopted by the Common Council of the City of <br /> South Bend, Indiana, o th 'S = d o 1974 . <br /> Attest: <br /> President of o ncil <br /> City Clerk <br /> Presented by me to the Mayor of the City of South Bend, <br /> Indiana, on the 4 E!� day of (�_„A�, 1974 , at the <br /> hour of M. <br /> City Clerk <br /> This resolution approved and signed by me on the 9-t-4 <br /> day of 974 , the hour of q M. <br /> a or <br />