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No. 0156 Commission adopted Res. No. 148 on Oct. 5, 66 determined to issue bonds of South Bend Redevelopment District in the amount of $680,000
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No. 0156 Commission adopted Res. No. 148 on Oct. 5, 66 determined to issue bonds of South Bend Redevelopment District in the amount of $680,000
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RESOLUTION NO. 156 <br />6� 11 this Commission adopted Resolution Na. 148 an <br />the Sth y of October, 1966, in which it determined to issue bonds of the <br />South B Redevelopment District in the amount of $680,000.001, and <br />MEREASs the denomination and number of bonds, as well as the maturity <br />dates of said bonds was improperly determined in said Resolution, and <br />UTEREAS, the Commission now desires to amend said Resolution No, 148 <br />so as t0 hake the correct and proper determination of the denomination, <br />number am maturity of saidibonds, <br />N ', THEREFC06 BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT <br />COMMISSI : <br />11 <br />mission a <br />that the <br />$5,000.00 <br />13 6) and <br />z,, <br />amended a <br />shall pro <br />$1,000.00 <br />That paragraph number 1 of Resolution No. 148 adopted by the Cmi, <br />October S. 1966, is hereby amended and modified so as to provide <br />aid bonds shall be issued in denomination of $1,000.00 (instead of <br />,, shall be numbered consecutively from 1 to 680 (instead of 1 to <br />aid bonds shall mature as follows; <br />$85,000.00 an each January 1 in the years <br />1969 to 1976 inclusive. (Instead of $1009000.00 <br />on each January 1 in the years 1969 to 1974 <br />Inclusive, and $80,000.00 an January 1 of the <br />year 1975). <br />That paragraph number 2 of said Resolution No. 148 is hereby <br />id modified so as to provide that the form of bond there*tset out <br />ride that the principal amount and denomination of said band is <br />and that said bond is one of 680 bonds. <br />3. That the City Controller shall cause a corrected notice of band <br />sale reflecting the amendments of this Resolution to be published in <br />accordance with paragraph number 4 of said Resolution No. 148. <br />4. That said Resolution No. 148 is hereby ratified and confirmed <br />and in f 1 force and effect as to all of its terms and conditions except <br />as to the amendments curtained in this Amendatory Resolution. <br />ATTEST: <br />r ,. <br />this lat day of December, 1966. <br />President <br />South Bend Redevelopment Commission <br />
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