Authorizing Tax Anticipation Time Warrants for 1989

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• Section 2 . The tax anticipation time warrants issued hereunder with respect to the General Fund are referred to herein as the "Warrants. " All Warrants shall be executed in the name of the City by the original or facsimile signature of the Mayor of the City, countersigned by the City Controller, and the corporate seal of the City or a facsimile thereof shall be affixed thereto or printed thereon and attested by the original or facsimile signature of the City Clerk. All Warrants shall be payable at the office of First Source Bank, P.O. Box 1602, South Bend, Indiana 46634 as Paying Agent, or any appointed successor Paying Agent upon presentation on or after their maturity date. Section 3 . All Warrants shall be issued in substantially the following form (all blanks, including the appropriate Fund, amounts, dates, statutory citations and other information, to be properly com- pleted prior to the execution and delivery thereof) : UNITED STATES OF AMERICA STATE OF INDIANA CITY OF SOUTH BEND No. $ CITY OF SOUTH BEND TAX ANTICIPATION TIME WARRANT (City of South Bend, Indiana Fund, 1989) FOR VALUE RECEIVED, the City of South Bend, in the State of Indiana, promises to pay to the bearer hereof the sum of Dollars ($ ) on the 29th day of December, 1989, with interest thereon at the rate of (_%) per annum from the date hereof to the date of payment, which interest is pay- able on the maturity date hereof. This Warrant will bear interest at the rate of (_%) per annum on any amounts not paid at maturity. Both principal of and interest on this Warrant are payable in law- ful money of the United States of America at the Office of First Source Bank, P. 0. Box 1602, South Bend, Indiana 46634, as Paying Agent, or any appointed successor Paying Agent upon presentation on or after their maturity date. - 4 -