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• t r <br /> 1 I <br /> • <br /> • <br /> Section 10. Sale of the Bonds. The Bonds shall be sold <br /> at public sale. In no event shall the Bonds be sold at a purchase <br /> price of less than ninety-seven percent (97%) of the par value of <br /> the Bonds, plus accrued interest thereon, if any, to the date of <br /> delivery. The Bonds shall be offered and sold pursuant to an <br /> Official Statement with respect to the Bonds (the "Official <br /> Statement") , to be made available and distributed in such manner, <br /> at such times, for such periods and in such number of copies as may <br /> be required pursuant to Rule 15c2-12 promulgated by the United <br /> States Securities and Exchange Commission (the "Rule") and any and <br /> all applicable rules and regulations of the Municipal Securities <br /> Rulemaking Board. The Common Council hereby authorizes the Board <br /> (a) on behalf of the City, to designate the Official Statement a <br /> "Final Official Statement" for purposes of the Rule, and (b) to <br /> enter into such agreements or arrangements as may be necessary or <br /> advisable in order to provide for the distribution of a sufficient <br /> number of copies of the Official Statement under the Rule; and (c) <br /> to employ the firm of Municipal Consultants to serve the City as <br /> financial advisor with respect to the Bonds and in connection with <br /> the preparation of the Official Statement, all on such terms as may <br /> be mutually acceptable to the parties. <br /> Prior to the public sale of the Bonds, the Controller <br /> shall conduct the sale of the Bonds by publication of either a bond <br /> sale notice pursuant to the provisions of paragraph (a) hereof, or <br /> a notice of intent to sell bonds pursuant to paragraph (b) hereof. <br /> (a) A bond sale notice shall be published <br /> two (2) times, at least one (1) week apart, <br /> with the first publication made at least <br /> fifteen (15) days before the date of such sale <br /> and the second publication made at least three <br /> (3) days before the date of the sale in the <br /> South Bend Tribune and the Tri-County News both <br /> published in the County of St. Joseph, Indiana, <br /> and the Indianapolis Commercial, a newspaper <br /> published in Indianapolis, Indiana, or such <br /> other newspapers as may be required pursuant <br /> to the Act and Indiana Code 5-1-11. The notice <br /> shall state the time and date of sale. <br /> (b) A notice of intent to sell bonds <br /> shall be published once each week for two weeks <br /> in the South Bend Tribune and the Tri-County <br /> News, both published in the County of St. <br /> Joseph, Indiana, and in the Indianapolis <br /> Commercial published in the City of <br /> Indianapolis, Indiana, or such other newspapers <br /> as may be required pursuant to the Act and <br /> Indiana Code 5-1-11 and in such other <br /> publications, if any, deemed appropriate in the <br /> discretion of the Controller. The notice shall <br /> 9 <br />