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Cty. ex officio Treasurer of the <br />Secti n 9. The Treasurer of St. Joseph / is hereby authorized and City of <br />d-irecte— send immedia e y a letter to each paying agent .for the New South Bend <br />Preliminary Loan Totes in substantially the form of the letter.hereto attached <br />and marked 11Exhi'b3t 13" and to transmit; (1) the New Preliminary 'Loan Notes to <br />said payin. agent for delivery said payment in accordance with the terms of said <br />letter; ( 2) f None of funds of the Local Public Agency to the <br />Administrator, Housing anJ Home Finance Agency, to be applied against the <br />payment of the principal of and interest to the date of payment on the Project; <br />Temporary Loan Notes described in Section 8 hereof; and (3) funds of the Local <br />Public Age cy to the paying agent of the designated Series of Outstanding <br />Prelimina Loan Notes, to be applied against the payment of the principal of <br />and inters t to maturity on such Series of Outstanding Preliminary Loan Notes, <br />as follows <br />Amount Paying Agent Series <br />$233t3341* <br />The Chase Manhattan Bank <br />1 Chase Manhattan Plaza <br />New Fork 15, New York <br />Second Series A <br />Secti n 10. This Resolution shall take effect immediately. <br />Adopted at the special meeting of the South Bend. Redevelopment Commission <br />held on Au ust 8, 19631 at the office of the Commission, 129 West Colfax <br />Avenue, So th Bend, Indiana;. <br />t <br />