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Authorizing Tax Anticipation Time Warrants for 1991
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Authorizing Tax Anticipation Time Warrants for 1991
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Last modified
10/23/2012 12:25:32 PM
Creation date
10/23/2012 12:25:30 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
2/11/1991
Ord-Res Number
8171-91
Bill Number
12-91
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qualified and acting clerk, and countersigned by its dulY appbinted, <br /> qualified and acting Controller of said City, and the seal of said <br /> City to be hereto affixed or a facsimile thereof to be printed <br /> hereon. <br /> Dated this day of , 1991. <br /> CITY OF SOUTH BEND, INDIANA <br /> By: <br /> Joseph E. Kernan, Mayor <br /> City of South Bend, Indiana <br /> ATTEST: <br /> Irene Gammon, City Clerk <br /> City of South Bend, Indiana <br /> COUNTERSIGNED: <br /> S. Katherine Humphreys, <br /> City Controller, City of <br /> South Bend, Indiana <br /> Section 5. The City Controller is hereby authorized and directed <br /> to have the Warrants prepared and the Mayor, the City Controller and <br /> the City Clerk are hereby authorized and directed to execute all such <br /> Warrants in the manner and substantially in the form provided in the <br /> Ordinance. <br /> Section 6. The City Controller, on behalf of the City, is <br /> authorized to sell the Warrants at a price not less than the par <br /> value thereof to a purchaser or purchasers (the "Purchaser") in the <br /> denomination of Five Thousand Dollars ($5,000.00) , or integral <br /> multiples thereof, or in such other denominations or integral <br /> multiples thereof, as the City Controller may designate, or as a <br /> single Warrant for the total amount of the loan to such Fund <br /> evidenced by such Warrants. The Warrants shall be sold to the <br /> Purchaser pursuant to the purchase agreement (the "Purchase <br /> Agreement" ) between the City and the Purchaser, hereby authorized to <br /> be entered into and executed by the City Controller, on behalf of the <br /> City, subsequent to the date of the adoption of this Ordinance in <br /> accordance with the terms and conditions of this Ordinance, and with <br />
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