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Section 2. Said forms of Indenture of Trust and Loan Agreement, <br />together with the Note and Mortgage attached as an exhibit thereto, <br />and the Economic Development Revenue Bonds which are on file with the <br />Commission, are hereby incorporated by reference into this Ordinance, <br />and said forms shall be inserted into the minutes of the Common Council <br />of the City of South Bend, Indiana. <br />Section 3. Said Loan Agreement and Indenture of Trust shall be <br />executed on behalf of the City of South Bend, Indiana, by the Mayor <br />and City Clerk of South Bend, Indiana, and sealed with the corporate <br />seal of such City. <br />Section 4. Said Economic Development Revenue Bonds, payable solely <br />and only from the revenues derived from such Project pursuant to the <br />aforementioned Loan Agreement and Indenture of Trust will not be in <br />any respect a general obligation of the City, nor may the Bonds be paid <br />in any manner from funds raised by taxation, and may be issued in an <br />aggregate amount not to exceed $650,000.00, as interest -only bonds in <br />denominations of $1,000.00 or multiples thereof payable in lawful money <br />of the United States of America at the principal office of 1st Source <br />Bank in the City of South Bend, Indiana. Such Bonds shall be re- <br />payable with interest thereon at a rate not to exceed 9 1 /4o per annum, <br />over a term of not more than 3 years, and subject to redemption, all <br />in accordance with the terms of said Bonds, Loan Agreement and Inden- <br />ture of Trust. Such Bonds shall be dated as of the date of execution <br />and delivery, and shall be executed on behalf of the City of South <br />Bend, Indiana, by the manual signatures of the Mayor and City Clerk <br />of the City, and sealed with the corporate seal of the City, and <br />executed and delivered to the purchasers of the Bonds on or before <br />July 1, 1984. <br />Section 5. The Mayor and City Clerk may approve changes and amend- <br />ments to the Loan Agreement, Indenture of Trust, Economic Development <br />Revenue Bonds, Note, Mortgage, and other related documents which do not <br />affect terms contained in this Ordinance. <br />Section 6. The Resolution of the South Bend Economic Development <br />Commission, passed on March 2, 1984 , is hereby approved, and the <br />Common Council of the City of South Bend, Indiana, hereby finds that <br />