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date of t e New Project Notes, sufficient and for the purpose of paying the <br />principal and interest to maturity on such Notes, are deposited with the <br />paying ag nt or agents for such Notes. <br />Section 8. The proceeds derived from the sale of the New Project Notes, <br />together with such amount of other funds of the Local Issuing Agency as may <br />be necessary, shall be applied, simultaneously with the receipt of said proceeds, <br />in accordance with the provisions of the Requisition Agreement. <br />Section 9. The Treasurer of St. Joseph County Ex* is hereby authorized and <br />directed o send promptly a letter to each paying agent for the New Project <br />Notes in substantially the form of HUD -9004, which is incorporated herein by <br />reference and to transmit therewith (a) the New Project Notes for which the <br />addressee is the paying agent for delivery and payment and (b) a signature <br />certifica a and receipt, in accordance with the terms of said letter, and to <br />take such other actions as may be required to. complete the delivery transaction <br />in accord nce with the terms of the letter to the paying agent. <br />Adopted a <br />Office of <br />1001, Sou <br />10. This Resolution shall take effect immediately. <br />the Regular Meeting of the Redevelopment Commission held at the <br />the Department of Redevelopment, 12 West LaSalle Avenue, Suite <br />:h Bend, Indiana, on July 11, 1969. <br />A. Wiggins; ,frfisident <br />ATTEST <br />John henney, <br />SEAL <br />* Of <br />Treasurer of the City of South Bend <br />-3- <br />