No. 0189 authorizing sale, issuance, delivery of preliminary loan notes in the aggregate principal amount of $1,375,000, execution of requisition agreement No. 2, execution/delivery of project temp. loan note No. 3 (Project No. IND R-57)

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a �Y called t da which, waivers Contract providin Local Pu (42 U.S. exceed $ undertak the "Pro fully id No. 11th payment the Prel mature o the "Out HUD -3080a (9 -66) Resolution No. 189 RESOLUTION AUTHORIZING THE SALE, ISSUANCE, AND DELIVERY OF PRELIMINARY LOAN NOTES IN THE AGGREGATE PRINCIPAL AMOUNT OF $ 1, -375, 000. 00 , THE EXECUTION OF REQUISITION AGREEMENT NO. 2 , AND THE EXECUTION AND DELIVERY OF PROJECT TEMPORARY LOAN NOTE NO._, .IN CONNECTION WITH PROJECT NO. TND. R -57 EAS, (herein P "Local Public Agency" ) has entered into a contract dated as of the of r1i , 19f�6_, numbered Contract No. Ind. R -, T(W) , ogether with any supplements thereto or amendments, modifications, or f any provisions thereof, is herein called the "Loan and Grant ), with the United States of America (herein called the "Government ") in part, for a Project Temporary Loan by the Government to the lic Agency under Title I of the Housing Act of 1949, as amended . 1+50 et seq.), in an amount outstanding.at any one time not to 20 600 8o8.00 to aid the Local Public Agency in its ag and carrying out of a certain urban renewal project (herein called act ") designated Project No. Ind. R -57 , which is more atified in the Loan and Grant Contract; and .AS, the Government has agreed, pursuant to Requisition Agreement with the Local Public Agency dated as of the 9th` day of 1966 (herein called the "Outstanding Requisition to make a payment on account of said Project Temporary Loan on the y of . August , 19 , which Project Temporary Loan ,s been pledged for the payment of the principal of and interest upon unary Loan Notes (First "C" Series).of the Local Public Agency which the 11th day of August 19_61, and are herein called anding Preliminary Loan Notes; and WHEREAS, pursuant to advertisement for the receipt of proposals for the purchase of the Second "C" Series of Preliminary Loan Notes (herein sometimes called "New Preliminary Loan Notes ") of the Local Public Agency aggregating $ 1 .00 , which appeared in a Notice of Sale published in the June 27 and June 30 , 1967 , issues of the South Bend Tribune June 27 in Tri Count News June 30 in the City of South Be , In zana , and in the June 27 , 19 issue -of the Daily-Bond Buyer in the City of New.York, proposals for the purchase of said New Preliminary Loan Notes in.the form approved.by...the._Local Public__ _ Agency were received, opened, and canvassed at the time and place mentioned in - 1 -