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hundred percent (100%) of the principal amount thereof, plus <br /> accrued interest. <br /> Section 7. The Mayor and the Clerk of the City are <br /> authorized and directed to execute and deliver the aforemen- <br /> tioned documents for and on behalf of the City after making <br /> therein such changes permitted by the Act as they deem neces- <br /> sary or proper, as evidenced by their execution of such docu- <br /> ments, and are further authorized and directed to execute and <br /> deliver such other documents for and on behalf of the City, and <br /> to take such other actions for and on behalf of the City, as <br /> they deem necessary or proper in connection with the consum- <br /> mation of such financing. The Mayor and the Clerk of the City <br /> are authorized to arrange for the delivery of said Economic <br /> Development Revenue Bond to 1st Source Bank, payment for which <br /> will be made to the Trustee for the account of the City. <br /> Section 8 . The provisions of this ordinance and the <br /> aforementioned documents shall constitute a contract binding <br /> between the City and the holders of said Economic Development <br /> Revenue Bond, and after the issuance of said Economic Develop- <br /> ment Revenue Bond this Ordinance shall not be repealed or <br /> amended in any respect which would adversely affect the rights <br /> of said holders so long as any of the principal of said <br /> Economic Development Revenue Bond or the interest thereon <br /> remains unpaid. <br /> Section 9 . All ordinances or parts of ordinances in <br /> conflict herewith are hereby repealed. <br /> Section 10. This Ordinance shall be in full force and <br /> effect from and after its passage by this Council and its sig- <br /> nature by the Mayor of the City. <br /> SOUTH BEND COMMON COUNCIL- i -I — ";- '-I -A?-----/ <br /> ;')k <br /> Me e <br />