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1 <br /> 1P 7 <br /> t <br /> this Ordinance, and no interest shall accrue for the period after <br /> such nominal date. <br /> Section 27. Repeal of Other Ordinances. All ordinances <br /> in conflict herewith are expressly repealed to the extent of such <br /> conflict. <br /> Section 28. Reimbursement. The Common Council hereby <br /> declares that the City and the Board reasonably expect to reimburse <br /> certain expenditures as may be incurred in connection with the <br /> Project prior to the issuance of the Bonds, with proceeds of the <br /> Bonds, and that no funds from sources other than the Bonds are, or <br /> are reasonably expected to be, reserved, allocated on a long-term <br /> basis, or otherwise set aside by the City or the Board pursuant to <br /> the budgetary or financial policies with respect to the <br /> expenditures to be reimbursed, and further the Common Council <br /> hereby establishes its intent, pursuant to Indiana Code 5-1-14-6, <br /> that the City and the Board be reimbursed for expenditures incurred <br /> prior to the issuance of the Bonds by the City in connection with <br /> the Project, from the proceeds of the Bonds. <br /> Section 29. Captions. The captions in this Ordinance <br /> are inserted only as a matter of convenience and reference, and <br /> such captions are not intended and shall not be construed to <br /> define, limit, establish, interpret or describe the scope, intent <br /> or effect of any provision of this Ordinance. <br /> Section 30. Effective Date. This Ordinance shall be in <br /> full force and effect from and after its passage and approval by <br /> the Common Council signing by the Mayor. <br /> COMMON COUNCIL OF THE CITY OF <br /> SOUTH BEND, INDIANA <br /> By: ' U/ <br /> Member of 6/ Common Council <br /> T agmc1 only to prcvi_ e gp. <br /> opportunity for public dI. _ i ots <br /> and CctIncl i. action on the issue., <br /> rrrompola\sthbend\waterwor.ks\bond.ord;drf;11-4-92 <br /> Filed in Clerk's Office <br /> //- 9- 92) 26 <br /> 1st READING " e2.9-9Q <br /> NOV - 4i <br /> PUBLIC HEARING <br /> 3 rd READING //- .013 "9 A <br /> NOT APPROVED IRENE GAMMON <br /> REFERRED CITY CLERK,SO.BEND,IN. <br /> PASSED //- o?. 2-9 <br />