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No. 0068 approving petition to issue bonds in connection with Project No. INDIANA R-29
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No. 0068 approving petition to issue bonds in connection with Project No. INDIANA R-29
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Resolutio4 #68 <br />United St#es of mLerica at the office of the Treasurer of SiZ. Jo-,eph <br />County, e� officio Treasurer of the South Bend Redevelopment Dist-':ict. <br />Said bond shall mature as follows: <br />000 on each January 1 in the years 1966 to 1°Z70, inclisive. <br />Said bonds shall be signed in the name of the City of South 3end, <br />acting for and on behalf of the South Bend Redevelopment District, by <br />the Mayor of said City, and attested by the City Controller, who shall <br />affix his official seal to each of said bonds. The interest coupons <br />attached lto said bonds shall be executed by placing thereon the fac- <br />simile signature of the City Controller and said official, by attest- <br />ing said bonds, shall adopt as and for his own proper signature, his <br />facsimile signature appearing on said coupons. <br />2, he form and tenor of said bonds and the interest coupons <br />to be attiched thereto shall be substantially as follows, tc-wilt: <br />am <br />UNITED STATES OF AMERICA <br />State of Indiana County of St. Joseph <br />CITY OF SOUTH BEND <br />REDEVELOPMENT DISTRICT BOND OF 1963 <br />$1,000 <br />The City of South Bend, in St. Joseph County, State of <br />Indiana, acting for and on behalf of the South Bend <br />went District- (which District includes all of the territory <br />within the corporation boundaries of the City of South 3end) <br />for valuu, received, hero-by promises to pay to the beare.-: her--- <br />of, solely out of a special tax to be levied upon all cf the <br />property within the South Bend Redevelopment District, the <br />principal amount of <br />ONE THOUSAND DOLLARS <br />on the first day of January, 1966, and to <br />solely out of the said special tax, from <br />the principal is paid, at the rate of <br />per annum, which interest is payabljWW' <br />annu-lly thereafter on January 1 and July <br />pres ntation and surrender of the annexed <br />they severally become due. <br />pay interest thereon, <br />the date hereo! until <br />- per 1,9cnt <br />U7— <br />and semi- <br />1 of each year, up-)n <br />interest coupons a.y <br />both principal and interest of this bond are payabl-_, in <br />lawful money of the united States of America at the off 4-ce <br />of the Treasurer of St. Joseph County, ex officio Treas'.1rer <br />of said Redevelopment District. <br />his bond is one of an authorized issue of two hund._-ed <br />fifty (250) bonds of like date and tenor, except as to .,.uinbc_:r- <br />ing and dates of maturity, in the total amount of Two Eundret <br />Fifty Thousand Dollars ($250,000), issued by the South 3end <br />-2- <br />
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