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the Internal Revenue Service where Lock <br />Indiana corporation, files its federal <br />the issuance of such Economic DevelopmE <br />elect to have the provisions of said <br />Internal Revenue Code, as amended, be <br />Economic Development Revenue Bonds. <br />Joint Tube Company, Inc., an <br />income tax returns prior to <br />!nt Revenue Bonds in order to <br />Section 103(b) (6) (D) of the <br />applicable to this issue of <br />Section 6. The Mayor and the Clerk of the City of South <br />Bend, Indiana are authorized to execute and deliver such Economic <br />Development Revenue Bond or Bonds as herein authorized, together <br />with such Loan Agreement, Bond Purchase Agreement, and any other <br />instrument required or deemed by them advisable after making therein <br />such changes permitted by the Act as they may deem advisable by the <br />execution of such instruments, Bond Documents, and they are further <br />authorized and directed to deliver such other instruments for and on <br />behalf of the City as they may deem necessary or proper in connec- <br />tion with the consummation of such financing. <br />Section 7. The provisions of this Ordinance and the afore- <br />mentioned Bond Documents shall constitute a contract binding between <br />the City and the holder or holders of such Economic Development <br />Revenue Bonds, and after the issuance of such Economic Development <br />Revenue Bonds, this Ordinance shall not be repealed or amended in <br />any respect which would adversely affect the rights of any such <br />holder or holders so long as any part of the principal or interest <br />of such Economic Development Revenue Bonds remains unpaid. <br />Section 8. Two copies of the Bond Documents have been duly <br />filed in the Office of the Clerk of the City and are available for <br />public inspection and are incorporated in this Ordinance in accord- <br />ance with IC 36- 1 -5 -4. <br />Section 9. All ordinances or parts of ordinances conflict- <br />ing herewith are hereby repealed.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 approval <br />by the Mayor of the City of South Bend, Indiana. <br />1110W <br />.- the on Council <br />iF <br />FILED IN CLE ��'S OFFB E <br />?9813 <br />PUTSUC Irene Gammon <br />2nd U. AD;;NG /,g _ �, CITY CLERK, SOUTH BEND, IND. <br />NOT APPROVED <br />REFERRED <br />PASSED, <br />-3- <br />