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Authorizing Issurance and Sale of Bonds for Payment of Judgements Aganist the City
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Authorizing Issurance and Sale of Bonds for Payment of Judgements Aganist the City
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4/18/2013 9:22:58 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
1/9/1984
Ord-Res Number
7288-84
Bill Number
139-83
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payment of judgments against the City" as amended pursuant to <br />an ordinance adopted by the Common Council o. said City on <br />1984. <br />It is hereby certified and recited that all acts, conditions <br />and things required to be done precedent to and in the execution, <br />issuance and delivery of this bond have been done and performed in <br />regular and due form as provided by law; that this bond and said <br />total issue of bonds is within every limit of indebtedness prescribed <br />by the Constitution and laws of the State of Indiana, and that the <br />full faith and credit of the City, together with all of its taxable <br />property, both real and personal, are hereby irrevocably pledged to <br />the punctual payment of the principal and interest of this bond <br />according to its terms. <br />IN WITNESS WHEREOF, the City of South Bend, Indiana by ordinance <br />of its Common Council, has caused this bond to be executed in its <br />corporate name by the facsimile signature of its Mayor, countersigned <br />by the facsimile signature of its City Controller, its corporate seal <br />to be hereunto affixed and attested by the manual signature of its <br />City Controller, its corporate seal to be hereunto affixed and <br />attested by the manual signature of its City Clerk. <br />CITY OF SOUTH BEND <br />BY (facsimile) <br />Mayor <br />COUNTERSIGNED: <br />BY (facsimile) <br />City Controller <br />ATTEST: <br />City Clerk <br />SECTION III. As soon as can be done after the passage of <br />this ordinance, the City Clerk shall give notice of the determination <br />to issue bonds. Said notice shall be posted in three (3) public <br />places in the City and shall be published once each week for two (2) <br />weeks in The South Bend Tribune and the Tri-County News, newspapers <br />of general circulation pu is ed in the City ot South Bend as pro- <br />vided by I. C. 6- 1.1 -20 -5. No further action towards the issuance of <br />said bonds may be taken by the City prior to the expiration of the <br />period within which taxpayers affected by the proposed issuance of <br />said bonds may file objecting petitions to the issuance of said bonds <br />pursuant to I. C. 6- 1.1 -20 -5. In the event an objecting petition or <br />petitions are filed by taxpayers under the provisions of I.C. <br />6- 1.1 -20 -5, then no further steps towards the issuance of said bonds <br />shall be taken unless and until the State Board of Tax Commissioners <br />shall issue its Order pursuant to I. C. 6- 1.1 -20 -6 approving the <br />- 3 - <br />
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