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No. 1054 regarding issuance of tax increment revenue refunding bonds
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No. 1054 regarding issuance of tax increment revenue refunding bonds
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incremental taxes on real property and proceeds from the <br />sale or leasing of property located in the Area and <br />deposited in the Allocation Fund established by said <br />District for the Area, and earnings thereon. <br />It is hereby certified and recited that all acts, <br />conditions and things required by law and the constitution <br />of the State of Indiana to be done precedent to and in the <br />issuance, sale and delivery of this bond have been properly <br />done, happened and performed in regular and due form as <br />prescribed by law, and that the total indebtedness of the <br />South Bend Redevelopment District, including the bonds of <br />this issue, does not exceed any constitutional or statutory <br />limitation of indebtedness. <br />This bond shall not be valid or become obligatory for any <br />purpose or be entitled to any benefit under the Resolution <br />until the certificate of authentication hereon shall have <br />been duly endorsed. This bond is negotiable pursuant to <br />the laws of the State of Indiana. <br />Reference is hereby made to the further provisions of this <br />Bond set forth below or on the reverse side hereof and such <br />further provisions shall be all purposes have the same <br />effect as if set forth at this place. <br />Cl IN WITNESS WHEREOF, the Redevelopment Commission of the <br />City of South Bend, State of Indiana, has caused this bond <br />to be executed in the name of the City of South Bend, for <br />and on behalf of the Redevelopment District of said City, <br />by the facsimile signature of the Mayor of said City, and <br />attested by facsimile signature by the City Controller of <br />said City, and the seal of said City or a facsimile thereof <br />to be affixed, engraved, imprinted or otherwise reproduced <br />hereon. <br />CITY OF SOUTH BEND, INDIANA <br />By: <br />Mayor <br />(SEAL OF CITY) <br />ATTEST: <br />IL City Controller <br />(Form of Certificate of Authentication) <br />-7- <br />
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