RM 07-07-60 - Laserfiche WebLink

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Resolution No. 18 to be attached thereto in the form and manner herein provided. After said bonds have been properly. executed, the City Controller shall deliver the same to the St. Joseph County Treasurer, ex officio Treasurer of the City of South Bend and of the Redevelopment Commission, and shall take his receipt therefor; and upon the consummation of the sale of said bonds, the City C ntroller shall then certify to the Treasurer the amount which the purchaser is to pay for the same; thereupon, said Treasurer shall be auth- orized to receive from the purchaser the amount so certified by the Control- ler an4 to deliver the bonds to such purchaser. 7. Subject to the hearing hereinafter mentioned, the proceeds of the sail bonds shall be appropriated for application on the cost of acquisi- tion, c earance and renewal of the property described in Resolution No. 14, adopte , by the Commission on May 5, 1960, and all expenses necessarily incurred in connection with said proceedings. The President and Executive Secretary are hereby authorized to call a meeting of the Commission at which a public hearing shall be held to hear all taxpayers and interested persons within the South Bend Redevelopment District on the matter of said appropriation. The Executive Secretary of the Commission is hereby ordered to give no�ice of such hearing as required by law in two newspapers and by posting Ado ATTES : d this 7th day of July, 1960 - cutive Secretary