No. 0266 authorizing the issuance of Project Loan Notes in connection with Urban Renewal Project NO IND R-57

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Resolution No. 266 Page 2. Notes hereinafter authorized and shall accept payment therefor from the Govern- ment in the form of cash or other Notes issued by the Local Public Agency, and such officers are authorized to do and perform all other things and acts re- quired to be done or performed in order to obtain such payments. Cash proceeds from the issuance of all Project Loan Notes shall be deposited and disbursed only in accordance with the provisions of the Contract. Section 5. Each Project Loan Note shall bear interest and be payable in the fom and manner prescribed by the Contract and this Resolution; shall be signed in the name of the Local Public Agency by the Mayor of the City of South Bend; a d shall have the official seal of the Local Public Agency impressed thereon and attested by the City Clerk of the City of South Bend; and shall otherwise be in substantially the form of HUD -9107 which is incorporated herein by refe ence. Section 6. This Resolution shall supersede all previous resolutions authorizing Project Temporary Loan Notes, and the Project Loan Notes authorized by this Resolution shall be exchanged for any Project Temporary Loan Notes here- tofore issued pursuant to any previous resolution. Commissi West LaS (SEAL) ATTEST: tion 7. This Resolution shall take effect immediately. tion 8. Adopted at the Regular Meeting of the South Bend Redevelopment n held June 6, 1969, at the Office of the Redevelopment Commission, 120 lle Avenue, Suite 1001, South Bend, Indiana 46601. CITY OF BEND DEPAR ENT OF REDEVELOPMENT nald A. Wiggins, Nres