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Authorizing the City to Issuse its Economic Development Revenue Bond (Data Link Systems Inc) $1,000,000.00
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Authorizing the City to Issuse its Economic Development Revenue Bond (Data Link Systems Inc) $1,000,000.00
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3/19/2013 2:19:39 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
7/22/1985
Ord-Res Number
7490-85
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with the consummation of such financing. The Mayor and the Clerk of <br /> the City are authorized to arrange for the delivery of said Economic <br /> Development Revenue Bond to 1st Source Bank, payment for which will <br /> 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 between <br /> the City and the holders of said Economic Development Revenue Bond, <br /> and after the issuance of said Economic Development Revenue Bond this <br /> Ordinance shall not be repealed or amended in any respect which would <br /> adversely affect the rights of said holders so long as any of the <br /> principal of said Economic Development Revenue Bond or the interest <br /> thereon remains unpaid. <br /> Section 9 . All ordinances or parts of ordinances in conflict <br /> herewith are hereby repealed. <br /> Section 10 . This Ordinance shall be in full force and effect <br /> from and after its passage by this Council and its signature by the <br /> Mayor of the City. <br /> SOUTH BEND COMMON COUNCIL <br /> MEMBER <br /> DATED THIS day of , 1985. <br /> 10 READING 7 dJ FILED IN CLERK'S OFFICE <br /> PUBLIC-HEARING 7- as_8 S <br /> 2nd READING 7—Q — L. ; '; i <br /> NOT APPROVED <br /> REFERRED bane Gammon <br /> PASSED a e'er CLERK,SOUTH BEND,IND. <br />
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