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ex officio Treasurer of the City of South <br />SE ction 9. The Treasurer of St. Joseph CouM±y%ls hereby authorized and Bend <br />direct to send immediately.a letter to each paying agent for the New <br />Preliminary Loan Notes- in-substantially the-form of :the letter hereto attached: <br />and ma ked "Exhibit B" and to transmit: (1) the New Preliminary Loan Notes to <br />said p ying agent for delivery and payment in accordance with the terms of said <br />letter; (2) $ NONE of funds of the Local Public Agency to <br />the Se retary of Housing and Urban Development, to be applied against the <br />paymen of the principal of and interest to the date of payment on the Project <br />Tempor ry Loan Notes described in Section 8 hereof; and (3) funds of the Local <br />Public Agency to the paying agent of the designated Series of Outstanding <br />Prelimi ary Loan Notes, to be applied against the payment of the principal of <br />and int rest to maturity on such Series of Outstanding Preliminary Loan Notes, <br />as foll ws: <br />Amount Paying Agent Series <br />$358,255• St. Joseph Bank & Trust Company First Series C <br />Michigan & Jefferson Streets <br />South Bend, Indiana <br />Se tion 10. This Resolution shall take effect immediately. <br />Adopted at the Regular Meeting of the South Bend RedeveZopment Commission <br />on JuZy 20, 1967 at the office of the Commission, 120 West LaSaZZe Avenue, <br />Suite Z OZ, South Bend, Indiana. <br />1 <br />�1 <br />