No. 0141 authorizing sale, issuance, delivery of premininary loan notes in the aggregate principal amount of $557,000, execution of requisition agreement No. 4, execution/delivery of project temp. loan note No. 5 in connection with Project No. IND R-29

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No. 'y � �� soy oa3x oz,_ .,... �: � DE Ar _1: 07 ' OF REL A L GUIDE FCRT�L (]1 -65) Fn.r 11 11iDLL Y i0!? N 1110TE ( Fourth SERIES, B ) Project No. Ind. R -29 City of South Bend, Departmen-6of Redevelopment $ Changeable (herein called the "local Public Agency "), which city is a municipal corporation organized and existing under the Laws of the State of Indiana, for value received, hereby promises to pay to the bearer,.but solely from the funds provided by the United States of America pursuant to the Requisition - Ygreement hereinafter described., the principal sum of this Note, with interest thereon from the date of issue to the maturity date, at the interest rate per annum, and at the office of the Paying Agent, all as specified herein. Both the principal of and interest on this Note are payable in any coin or currency of the United States of America which on the date of payment thereof is legal tender for the payment of public and private debts. The date of issue, maturity date, principal sum, authorized issue, interest rate per annim., the paying agent of and u-ith respect to this Note, and the description of said Requisition Agreement and citations of authority for and pertaining to this Noe are as follows: Date of Issue: August 9, 1966 Maturity Date: February 17, 156' Princip 1 Sum: Changeable 11gteres Rate Per Annum: Three and Fifty One- Hundredths Per Centum (3.50%) Paying gent: National Bank & Trust Company of South Bend, in the City of South Bend, Indiana Requisition Agreement No. 4 dated 8 -9 -66 Authorized Issue: $557,000-00 State and Statute: India, The Redevelopment of Cities and Towns Act of 1953, a pt�r 176, as amended by Acts of 1957, Chapter 173 Resolution(s) Adopted: and July 21, 1966 September 19, 1963 This No e.is issued pursuant to the constitution or organic law of said State and said Statute, as amended and supplemented, to aid in financing an urban renewal or redevelopment project of the character authorized thereunder and describ d in said °esolution(s). Said project is being assisted pursuant to ,et sego Title I of the Housing Act of 1949, as amended (42 U.S.C. 11441a t under a loan contract between the Local Public :agency and the United States of America. the I.oc identif limitin endorse local F to pay Authori the Pay to pay to said loan contract, and in furtherance of the financing of the project., 1 Public Agency and the United States nave entered into the above - ed Requisition Agreement under which the latter has agreed, *.without in any manner the unqualified Payment Agreement of the United States on the reverse of this Note, to make a specific loan payment to the blic Agency on or prior to said maturity Date in an amount sufficient he principal of and interest to maturity on this Note and said ed Issue of which this Note is one, and to cause to be deposited with g Agent, for the benefit of the holder of this Note, an amount. sufficient 11ah p ri no iZ aj. aand interest to :maturity. Under the terms of said