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No. 0023 authorizing the issuance of certain project temp. loan notes in connection with urban renewal project No. INDIANA R-7 and providing for the security for the payment thereof and for other purposes
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No. 0023 authorizing the issuance of certain project temp. loan notes in connection with urban renewal project No. INDIANA R-7 and providing for the security for the payment thereof and for other purposes
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10/18/2012 4:29:41 PM
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(Resolution No. 23) <br />aft r provision therefrom in accordance with the basic Note Resolution <br />for only certain costs therein mentioned, and, subject only to the pro - <br />vis Lon for such costs, said Fund is irrevocably pledged to the payment <br />of the principal of and interest on this Note and all other notes which are <br />issued as aforesaid. <br />This Note shall not constitute a debt or indebtedness of the State or <br />of any town, city, county, municipality, or political entity or subdivision <br />therein <br />or thereof, within the meaning of any constitutional, statutory, <br />. local <br />law or charter provision, and neither the State nor any such town, <br />city, <br />county, municipality, or political entity or subdivision, other than <br />the <br />Local Public Agency, shall be liable hereon, and, in no event, shall <br />either <br />this Note or the interest thereon be payable from or out of any <br />funds <br />or properties other than those of the Local Public Agency. <br />IT IS HEREBY CERTIFIED, RECITED, AND DECLARED that all <br />act.-, <br />conditions, and things required to exist, happen, and be performed <br />precedent <br />to and in the issuance of this Note do exist, have happened, and <br />have <br />been performed in due time, form., and manner as required by law. <br />IN WITNESS WHEREOF, the Local Public Agency has caused this <br />Note <br />to be signed in its name and its seal to be impressed hereon and <br />attested, <br />by its proper officers thereunto duly authorized, and this Note <br />to b <br />dated the day of 19 <br />(SE <br />L) By <br />ATTEST: <br />Delivery of this Note was accepted and payment therefor made on the <br />day f 19 , <br />UNITED STATES OF AMERICA <br />Housing and Home Finance Administrator <br />By <br />6 <br />N <br />
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