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• <br /> interest on such warrants computed from the date or dates. of such <br /> warrants to the date of maturity, at the interest rate or rates <br /> agreed to by the authorized purchaser or purchasers of such warrants. <br /> Section 3 . The City is hereby authorized to make a temporary <br /> loan to meet current expenses pursuant to the provisions of Indiana <br /> Code 36-4-6 for the use and benefit of the Park Maintenance Fund of <br /> the City in an aggregate principal amount not to exceed Five Hundred <br /> Eighty Thousand Dollars ($580,000) , plus accrued interest as stated <br /> below, in anticipation of current tax revenues actually levied and in <br /> the course of collection for such Fund for the year 1988, which loan <br /> shall be evidenced by tax anticipation time warrants of the City <br /> bearing interest at a rate or rates per annum not to exceed a maximum <br /> rate of eight percent (8%) , the exact rate or rates of interest to be <br /> determined by private sale as permitted by law. Such warrants shall <br /> be dated as of the date or dates of delivery of such warrants and the <br /> interest accruing on the warrants to the date of maturity shall be <br /> added to and included in the face value of the warrants. The war- <br /> rants shall mature and be payable on June 30, 1988. Warrants will <br /> bear interest at a rate or rates not to exceed eight percent (8%) per <br /> annum on any amounts not paid at maturity. Such warrants, including <br /> interest and all necessary costs incurred in connection with the <br /> issuance and sale of such warrants, shall be payable from the Park <br /> Maintenance Fund and there is hereby appropriated and pledged to the <br /> payment of such warrants, including interest and all necessary costs <br /> incurred in connection with the issuance and sale of such warrants, a <br /> -7- <br />