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Amend its Economic Development Revenue Bond South Bend Forge Inc Project
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Amend its Economic Development Revenue Bond South Bend Forge Inc Project
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3/1/2013 11:07:58 AM
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3/1/2013 11:07:58 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
3/10/1986
Ord-Res Number
7609-86
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aforementioned documents for and on behalf of the City after <br /> making therein such changes permitted by the Act as they may <br /> deem necessary or proper, as evidenced by their execution of <br /> such documents , and are further authorized and directed to <br /> execute and deliver such other documents for and on behalf of <br /> the City, and to take such other actions for and on behalf of <br /> the City, as they deem necessary or proper in connection with <br /> the consummation of such financing. The Mayor and the Clerk <br /> of the City are authorized to arrange for the delivery of <br /> said amended Bonds to 1st Source Bank. <br /> Section 6. The provisions of this ordinance and the <br /> aforementioned documents shall constitute a contract binding <br /> between the City and the holders of said amended Bonds , and <br /> after the issuance of said amended Bonds this Ordinance shall <br /> not be repealed or amended in any respect which would adversely <br /> affect the rights of said holders so long as any of the <br /> principal of said amended Bonds or the interest thereon <br /> remains unpaid. <br /> Section 7. All ordinances or parts of ordinances in <br /> conflict herewith are hereby repealed. <br /> Section 8. This Ordinance shall be in full force and <br /> effect from and after its passage by this Council and its <br /> signature by the Mayor of the City. <br /> SOUTH BEND COMMON COUNCIL <br /> ■ <br /> 4- <br /> e er <br />
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