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No. 0070 authorizing the issuance of certain project temp. loan notes in connection with urban renewal project No. INDIANA R-29, providing for security for pmt. thereof and other purposes
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No. 0070 authorizing the issuance of certain project temp. loan notes in connection with urban renewal project No. INDIANA R-29, providing for security for pmt. thereof and other purposes
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10/18/2012 4:26:49 PM
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the basi <br />and the <br />Fund Laft <br />tion for <br />provisio <br />of the p <br />are issu <br />or of a <br />vision <br />tutory, <br />such to <br />other t <br />event, <br />out of <br />Note Resolution, constitute, as to both the principal thereof <br />Lnterest thereon, an exclusive first lien and charge upon said <br />ar provision therefrom in accordance with the basic Note Resolu- <br />only certain costs therein mentioned, and, subject only to the <br />i for such costs, said Fund is irrevocably pledged to the payment <br />7incipal of and interest on this Note and all other notes which <br />ad as aforesaid. <br />his Note shall not constitute a debt of indebtedness of the State <br />town, city, county, municipality, or political entity or subdi- <br />erein or thereof, within the meaning of any constitutional, sta- <br />ocal law, or charter provision, and neither the State nor any <br />, city, county, municipality, or political entity or subdivision, <br />n the Local Public Agency, shall be liable hereon, and, in no <br />all either this Note or the interest thereon be payable from or <br />V funds or properties other than those of the Local Public Agency. <br />T IS HEREBY CERTIFIED, RECITED, AND DECLARED that all acts, <br />conditions, and things required to exist, happen, and be performed pre- <br />cedent to and in the issuance of this Note do exist, have happened, and <br />have been performed in due time, form, and manner as required'by law. <br />N WITNESS WHEREOF, the Local Public Agency has caused this Note <br />to be si ed in its name and its seal to be impressed hereon and attested, <br />by its p oper officers thereunto duly authorized, and this Note to be <br />dated th day of , 19 . <br />By <br />ATTEST: <br />Delivery of this Note was accepted and payment therefor made.on the <br />da of , 19 <br />UNITED STATES OF AMERICA <br />Housing and Home Finance Administrator <br />By <br />- 4 - <br />
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