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No. 2153 authorizing issuance of bonds of the SB redevelopment district for purpose of raising money for certain local public improvements in downtown medical services district allocation area
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No. 2153 authorizing issuance of bonds of the SB redevelopment district for purpose of raising money for certain local public improvements in downtown medical services district allocation area
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may be served personally or be sent by registered mail. The Registrar or the Paying Agent may be removed at any <br />time as Registrar or Paying Agent by the Commission, in which event the Commission may appoint a successor <br />Registrar or Paying Agent, as the case may be. The Commission shall cause the registered owner of this bond to be <br />notified, if then outstanding, by first -class mail, of the removal of the Registrar or Paying Agent. Notices to <br />registered owners of bonds shall be deemed to be given when mailed by first -class mail to the addresses of such <br />registered owners as they appear in the registration books kept by the Registrar. <br />If this bond or a portion thereof shall have become due and payable in accordance with its terms or <br />shall have been duly called for redemption or irrevocable instructions to call this bond or a portion thereof for <br />redemption shall have been given, and the whole amount of the principal or and premium, if any, and interest, so <br />due and payable upon all of this bond or a portion thereof then outstanding shall be paid or (i) sufficient monies for <br />such purpose, or (ii) direct obligations of, or obligations the principal of and interest on which are unconditionally <br />guaranteed by, the United States of America, the principal of and the interest on which when due will provide <br />sufficient monies for such purpose, or (iii) time certificates of deposit fully secured as to both principal and interest <br />by obligations of the kind described in (ii) above of a bank or banks, the principal of and interest on which when due <br />will provide sufficient monies for such purpose, shall be held in trust for such purpose, and provision shall also have <br />been made for paying all fees and expenses in connection with the redemption, then and in that case this bond or <br />such portion thereof shall no longer be deemed outstanding or an indebtedness of the Redevelopment District. <br />It is hereby certified and recited that all acts, conditions and things required by law and the <br />Constitution of the State of Indiana to be done precedent to and in the execution, issuance, sale and delivery of this <br />bond have been properly done, happened and performed in regular and due form as prescribed by law, and that the <br />issuance of this bond by the Redevelopment District does not cause any constitutional or statutory limitation of <br />indebtedness to be exceeded. <br />This bond shall not be valid or become obligatory for any purpose or be entitled to any security or <br />benefit under the Resolution authorizing this Bond until the certificate of authentication hereon shall have been duly <br />executed by an authorized representative of the Registrar. <br />IN WITNESS WHEREOF, the South Bend Redevelopment Commission has caused this bond to <br />be executed in the name of the City, acting for and on behalf of the City of South Bend, Indiana, Redevelopment <br />District, by the manual or facsimile signature of the Mayor of the City and attested by the manual or facsimile <br />signature of the Controller, who has caused the seal of the City to be impressed or a facsimile thereof to be printed <br />hereon. <br />(Seal of the City) <br />ATTEST: <br />Controller <br />CITY OF SOUTH BEND, INDIANA, ACTING FOR AND <br />ON BEHALF OF THE SOUTH BEND REDEVELOPMENT <br />DISTRICT <br />Mayor <br />Registrar's Certificate of Authentication <br />This bond is one of the bonds described in the within mentioned Resolution. <br />-13- <br />BDDB01 40102160 <br />
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