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Authorizing Tax Anticipation Time Warrats for 1990
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Authorizing Tax Anticipation Time Warrats for 1990
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11/9/2012 9:04:01 AM
Creation date
11/9/2012 9:04:00 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
2/26/1990
Ord-Res Number
8071-90
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the interest rate or rates agreed to by the authorized purchaser or <br /> purchasers of such warrants. <br /> Section 2. The tax anticipation time warrants issued hereunder <br /> with respect to the General Fund are referred to herein as the <br /> "Warrants." All Warrants shall be executed in the name of the City <br /> by the original or facsimile signature of the Mayor of the City, <br /> countersigned by the City Controller, and the corporate seal of the <br /> City or a facsimile thereof shall be affixed thereto or printed <br /> thereon and attested by the original or facsimile signature of the <br /> City Clerk. All Warrants shall be payable at the office of First <br /> Interstate Bank, 112 West Jefferson Boulevard, South Bend, Indiana <br /> 46601 as Paying Agent, or any appointed successor Paying Agent upon <br /> presentation on or after their maturity date. <br /> Section 3. All Warrants shall be issued in substantially the <br /> following form (all blanks, including the appropriate Fund, amounts, <br /> dates, statutory citations and other information, to be properly com- <br /> pleted prior to the execution and delivery thereof): <br /> UNITED STATES OF AMERICA <br /> STATE OF INDIANA <br /> CITY OF SOUTH BEND <br /> No. $ <br /> CITY OF SOUTH BEND TAX ANTICIPATION TIME WARRANT <br /> (City of South Bend, Indiana Fund, 1990) <br /> FOR VALUE RECEIVED, the City of South Bend, in the State of <br /> Indiana, promises to pay to the bearer hereof the sum of <br /> Dollars ($ ) on the 31st day of December, <br /> 1990, with interest thereon at the rate of (_%) per annum <br /> from the date hereof to the date of payment, which interest is pay- <br /> -4- <br />
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