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No. 0140 authorizing sale, issuance, delivery of premininary loan notes in the aggregate principal amount of $1,195,000, execution of requisition agreement No. 1, execution/delivery of project temp. loan note No. 2 in connection with Project No. IND R-57
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No. 0140 authorizing sale, issuance, delivery of premininary loan notes in the aggregate principal amount of $1,195,000, execution of requisition agreement No. 1, execution/delivery of project temp. loan note No. 2 in connection with Project No. IND R-57
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10/18/2012 4:21:07 PM
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i:.l -ih 'U1J lit <br />r: - <br />r <br />HUD -300 <br />(11 -65) <br />RESOLUTION AUTHORIZING TriZ SALE, ISSUANCE AND <br />DELIVERY OF PRELIMINARY LOAN NOTES IN`-THE <br />AGGREGATE PRINCIPAL AMOUNT OF $0.00 ; <br />THE.EXECUTION OF REQUISITION AGRELMFN` NO. , <br />AND THE EXECUTION.AND DELIVERY OF PROJECT =- <br />TEMPORARY LOAN NOTE NO. 2 , IN CONNECTION WITH <br />PROJECT NO. Ind. -.R -S? <br />Resolution No. 140 <br />' , � ' F . 9 Cit of S o u t h Bend De rtment of Redevelopment, <br />;herein called the "Local Public.Agency" has entered into a contract dated ass <br />of the 22 d day of April , 19 66, numbered Contract No. Ind. R-g;?( m)__ -___p <br />(vmnich., to ether with any supplements thereto or amendments, modifica ots ox• <br />�Ttv vers of any provisions thereof, is herein called the "Loan and Grant Contrr:`rs )� <br />with the U ted States of America (herein called the "Government94) providing, :",-n <br />part, for a Project Temporary Loan by the Government to the Local Public Agency <br />under Title I of the Housing Act of 1949, as amended (42 U.S.C. 1450 et :ea.), <br />in an amount outstanding at any one time not to exceed $22484,808.00 to aid <br />the Local Public Agency in its undertaking and carrying out of a certain <br />u2ban re4eal project (herein called the "Project ") designated Project <br />No. T: d.. and which is more fully identified ixr tine Loan: and oact; and <br />WH , pursuant to advertisement for the receipt of proposals for -Oia rjuz - <br />chase of Preliminary . Loan Notes ( First Series), hereLn sovztLrz . � 1 <br />"'Preliminary Loan _ Notes ", of the Local. blic Agency aggregating e al lq� c, ,� � <br />wf Bch apps ed- in:a Notic® of Sale pub>ished in the, - T,;, 2P ar <br />issue of the. <br />_ in the City of South Bend Indiana , aund �s � <br />the J 28. 66 $sue of The Daily Bon e�-e iy -y.of New <br />proposals for the purchase of said notes in the form approved by the Lori Public <br />Agency were received, opened, and canvassed at the time and place provided by said <br />advertisem nts to wits At 120 West LaSalle Avenue �.® <br />in the City of South Bend , InaiaDa _S at <br />o'clock., ,p M, P F -.. • ° , T,ai v 12 9 19.66..P <br />C,riich proposals are as follows: <br />_. <br />1 - <br />
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