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No. 0231 authorizing acceptance of bid(s) for purchase of $376,000 preliminary loan notes of COSB Dept. of Redevelopment, Industrial Expansion INDIANA R-56
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No. 0231 authorizing acceptance of bid(s) for purchase of $376,000 preliminary loan notes of COSB Dept. of Redevelopment, Industrial Expansion INDIANA R-56
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RESOLUTION NO. 231 <br />RESOLUTION AUTHORIZING THE ACCEPTANCE OF A BID OR <br />BIDS FOR THE PURCHASE OF $376,000 PRELIMINARY LOAN <br />NOTES OF THE CITY OF SOUTH BEND, DEPARTMENT OF <br />REDEVELOPMENT, INDUSTRIAL EXPANSION, INDIANA R-56 <br />WHEREAS, the City of South Bend, Department of Redevelopment is <br />selling $376,000 in Preliminary Loan Notes for the financing of <br />an Urban Renewal Project in the City of South Bend, Indiana <br />designated as Industrial Expansion Project, Indiana R-56, to be <br />se3ured by an agreement between the City of South Bend, Depart- <br />me t of Redevelopment and the United States; and <br />. the notes will be advertised on September 3, 1968; and <br />RHOREAS, the notes will be sold on the 17th day of September, <br />19Q8 at 1:00 P. M. Eastern Daylight Savings Time. <br />No , THEREFORE, BE IT RESOLVED by the Board of Commissioners of <br />th Department of Redevelopment of the City of South Bend, as <br />fol lows: <br />or. <br />The Executive Director or Assistant Director <br />or Finance officer be and is hereby authorized <br />to accept the low bid or bids for said pre- <br />liminary loan notes with acceptance to be by <br />telegram and confirmed by letter. <br />d this 5th day of September, 1968. <br />CITY OF SOUTH BEND <br />DEPARTMENT OF REDEVELOPMENT <br />By: <br />President, South Bedd/ <br />Redevelopment Commission <br />ATTEST: <br />"A - W � <br />Asslistant Secretary <br />
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