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Resolut <br />Indi< <br />velol <br />the <br />of s< <br />Distj <br />t I I e _ <br />of 1! <br />3. <br />tion, the <br />the petit <br />Sec. 64 -3 <br />notice sh <br />newspaper <br />shall als <br />,x`68 <br />(Interest Coupon) <br />)n , 19 the City of South Bend, <br />sna, acting for and on behalf of the South Bend Rede- <br />)ment District, will pay to bearer at the office of <br />'reasurer of St. Joseph County, ex officio Treasurer <br />tid Redevelopment District, outof the Redevelopment <br />-ict Bond Fund Dollars, being <br />_ntel'est teen dui: on its Redevelopment District Bons:? <br />3 , dated , 19 , No. <br />CITY OF SOUTH BEND <br />By (Facsimile) <br />City Controller <br />ks soon as may be done after the adoption of this resolu- <br />Executive Secretary shall give notice of the filing of <br />.on for and determination to issue bonds as required by <br />.3 and Sec. 64 -1332 Burns Statutes 1951 Replacement. Said <br />ill be published once each week for two weeks in the two <br />of general circulation in the District, and said notice <br />be posted in three (3) public places in the District. <br />4. Prior to the sale of said bonds, the City Controller shall <br />cause to be published a notice of such sale once each week for two <br />weeks in two newspapers published and of general circulation in the <br />District, and at least one time in The Indianapolis Commerc4_al, a <br />financial journal published in the City of Indianapolis, Indiana <br />and The Bond Buyer, a financial journal published in the City of <br />New York, New York. The date fixed for the sale shall not aye earlier <br />than seven (7) days after the last of such publications. Said bond <br />sale notice shall state the time and place of sale, the purpose: for <br />which the bonds are being issued, the total amount thereof, the maxi- <br />mum rate of interest thereon, the time and place of payment, the <br />terms and conditions upon which bids will be received and the sale <br />made, and such other information as the City Controller shall deem <br />necessary. The notice of said sale shall not, however, be published <br />prior to the expiration of the period during which taxpayers may <br />file remonstrances or objecting petitions to the issuance of said <br />bonds. In the event a remonstrance shall be filed by owners of <br />taxable real estate under the provisions of Sec. 313 Burns Statutes <br />1951 Replacement, then the bond sale notice shall not be published <br />unless and until the Redevelopment Commission shall have determined <br />that sucb remonstrance is insufficient. In the event an objecting <br />petition or petitions are filed by taxpayers under the provisions of <br />Sec. 64-1332 Burns Statutes 1951 Replacement, then the bond sale <br />notice stall not be published unless and until the State Board of <br />Tax Commissioners shall issue its order approving the issuance of <br />said bonds. In the event it shall be determined by the State Board <br />of Tax C mmissioners, or otherwise, that the whole amount of the <br />bonds he ein authorized shall not be issued, then the City Controller <br />shall be authorized to advertise and sell a lesser amount of bonds <br />and the bonds not issued and sold shall be the bonds of the latest <br />maturity or maturities. <br />-4- <br />