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02-18 Authorizing The Issuance of General Obligation Bonds
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02-18 Authorizing The Issuance of General Obligation Bonds
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1/3/2018 11:08:29 AM
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1/16/2018 8:25:14 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
1/8/2018
Bill Number
02-18
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unenforceability of such section, paragraph or provision shall not affect any of the remaining <br /> provisions of this Ordinance. Unless the context or laws clearly require otherwise, references <br /> herein to statutes or other laws include the same as modified, supplemented or superseded from <br /> time to time. <br /> SECTION XVI. Holidays, Etc. If the date of making any payment or the last date for <br /> performance of any act or the exercising of any right, as provided in this Ordinance, shall be a <br /> legal holiday or a day on which banking institutions in the City or the city in which the Registrar <br /> or Paying Agent is located are typically closed, such payment may be made or act performed or <br /> right exercised on the next succeeding day not a legal holiday or a day on which such banking <br /> institutions are typically closed, with the same force and effect as if done on the nominal date <br /> provided in this Ordinance, and no interest shall accrue for the period after such nominal date. <br /> SECTION XVII. Effectiveness. This Ordinance shall be in full force and effect from <br /> and after its adoption and the procedures required by applicable law. Upon payment in full of <br /> the principal and interest respecting the Bonds authorized hereby or upon deposit of an amount <br /> sufficient to pay when due such amounts in accord with the defeasance provisions herein, all <br /> pledges, covenants and other rights granted by this Ordinance shall cease. <br /> Member of the Common Council <br /> Attest: <br /> Kareemah Fowler, City Clerk <br /> Presented by me, the undersigned Clerk of the City of South Bend, to the Mayor of the <br /> City of South Bend, Indiana on the day of , 2018, at <br /> o'clock m. <br /> Kareemah Fowler, City Clerk <br /> Approved and signed by me on the day of , 2018, at_o'clock <br /> .m. <br /> Pete Buttigieg, Mayor <br /> DMS 112812130 <br /> 15 <br />
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