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HUD -3080 (Cont'a) <br />(11 -65) <br />Local Pablic Agency hereby determines will provide the lowest interest cost <br />and is therefore hereby accepted's and said Preliminary Loan Notes are hereby <br />awarded to said purchasers as follows: <br />PrincipiLl Interest 'Puz�chaser <br />,mount Rate - <br />$1,195.,000-00 3.75% St. Joseph Bank & Trust Company <br />Michigan & Jefferson Streets <br />South Bend, Indiana. <br />section 4, Each such note shall be dated the day of <br />s 19 ,.3 shall be designated "Preliminary Loan Note <br />®ries ) "; shall,. be payable, as to both principal and <br />- r., , 19 <br />meter® fs' to — earers on-the d Y of s ' <br />and 's suant to the proposal f or' the, purchase o s d "riotes9 herai rza%ove <br />accepted., shall bear the rate -of interest per annum, payable at maturity's <br />shall tear the numbers, be in the denominations and be payable as to both <br />principal and interest at the bank or trust oompany as follows: <br />Numbers Interest <br />1�ch er Inclusive Denominations <br />Rate payable At <br />St. Joseph Baak & 1 $1,195,000 3.75% St. Joseph Bank an& <br />st Company Trust Company <br />:" ast Cn & Je Person Michigan & Jefferson Sts <br />.Hchigs South Bend, Indiana: <br />South Bend, I liana <br />- 3 - <br />