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Issue Economic Development Refunding Columbia Place Associates Project
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Issue Economic Development Refunding Columbia Place Associates Project
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Last modified
4/26/2013 10:32:32 AM
Creation date
4/25/2013 3:18:40 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
8/22/1983
Ord-Res Number
7238-83
Bill Number
87-83
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event shall not exceed �Q_ �) and at a price not less than <br />100% of the principal amount thereof. <br />Section 6. The Mayor and Clerk are authorized and directed <br />to execute, attest, affix or imprint by any means the City seal <br />to the documents constituting the Financing Agreement approved <br />herein on behalf of the City of" South Bend and any other <br />document which may be necessary or desirable to consummate the <br />transaction, including the bonds authorized herein. The Mayor <br />and Clerk are hereby expressly authorized to approve any <br />modifications or additions to the documents constituting the <br />Financing Agreement which take place after the date of this <br />Ordinance with the review and advice of the City Attorney; it <br />being the express understanding of this Common Council that <br />said Financing Agreement is in substantially final form as of <br />the date of this Ordinance. The approval of said modifications <br />or additions shall be conclusively evidenced: by the-execution <br />and attestation thereof and the affixing of the seal thereto or <br />the imprinting of the seal thereon; provided, however, that no <br />such modification or addition shall change the maximum principal <br />amount of, interest rate on or term of the bonds as approved by <br />the Common Council by this Ordinance without further considera- <br />tion by the Common Council. The signatures of the Mayor and <br />Clerk on the bonds may be either manual or facsimile signatures. <br />The Clerk is authorized to arrange for delivery of such bonds <br />to the Bondholder named in the Loan Agreement and Bond Purchase <br />Agreement. The Mayor and Clerk shall execute and the Clerk <br />shall deliver the bonds to the Bondholder within ninety days of <br />the adoption of this ordinance. <br />August 1, 1983. <br />The bonds shall be dated as of <br />- 4 - <br />
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