Laserfiche WebLink
The City Controller is hereby authorized and directed to <br />obtain a legal opinion as to the validity of said Bonds from Barnes <br />err <br />& Thornburg, and to furnish such opinion to the purchasers of the <br />I Bonds. The Controller is further authorized to cause a copy of <br />said legal opinion to be printed on each Bond. The cost of such <br />opinion shall be considered a part of the cost of the purpose for <br />which the Bonds are issued and shall be paid out of the proceeds of <br />the Bonds. <br />Section 6. Execution of Bonds. The Bonds shall be <br />executed in the name of the City of South Bend, acting for and on <br />behalf of the South Bend Redevelopment District, by the facsimile <br />or manual signature of the Mayor of the City and attested by the <br />Controller by facsimile or manual signature, who shall affix the <br />AV <br />seal of said City to each of said Bonds or cause the same to be <br />s <br />} <br />reproduced thereon. The Controller is hereby authorized and <br />directed to have the Bonds prepared. After said Bonds shall have <br />been properly executed and upon the consummation of the sale of <br />said Bonds, the City shall be authorized to receive from the <br />purchaser payment for the Bonds and to provide for delivery of the <br />Bonds to the purchaser in the manner required by law. In any case <br />any officer whose signature appears on the Bonds shall cease to <br />hold that office before delivery of the Bonds, the signature shall <br />nevertheless be valid and sufficient for all purposes as if such <br />officer had remained in office until delivery of the Bonds. <br />Section 7. Additional Bonds. The Redevelopment District <br />reserves the right to authorize and issue additional bonds ( "Parity <br />-17- <br />