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Authorizing $175,000 Development revenue Bond (W & B Realty)
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Authorizing $175,000 Development revenue Bond (W & B Realty)
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Last modified
4/29/2013 2:41:49 PM
Creation date
4/29/2013 1:47:12 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
9/26/1983
Ord-Res Number
7249-83
Bill Number
103-83
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Corson. <br />Section 2. The Mayor and City Clerk are hereby authorized to <br />execute a Consent to Assignment in the form presented to this Council, <br />which form is hereby approved, and to execute any and all other <br />documents necessary to consummate and evidence this assignment. Two <br />(2) copies of this Consent to Assignment have been and are on file <br />in the Office of.the Clerk of the City of South Bend, Indiana, for <br />public inspection pursuant to Indiana Code Section--3671-5--4. <br />Section 3. To the extent the Bonds or the documents thereunder <br />may be deemed to require amendment to consummate said assignment <br />the City of South Bend, Indiana hereby gives its consent. In addition, <br />the language of Section 3.7 of the said Lease and Trust Indenture is <br />amended by adding the following sentence to the end of said Section 3.7, <br />to -wit: "Said conveyance shall be by means of a good and sufficient <br />Warranty Deed, showing good and marketable title in Lessor, without any <br />liens or encumbrances except such as may be caused or occasioned by <br />Lessee or Lessee's assigns." <br />Section 4. <br />The Common Council of South Bend, Indiana, hereby <br />finds that this assignment will advance the purposes for which the <br />bonds were originally approved in Ordinance No. <br />Section S. <br />6633 -79 <br />This ordinance shall be effective immediately upon <br />passage by the Common Council and approval by the Mayor. <br />1st RFA.DII"JG 9 — / of —8H <br />PUBLIC HEARING <br />2nd READING <br />NOT APPROVED <br />REFERRED <br />PASSED.--' f _ <br />e er of the C on Council <br />2- flit® <br />CB���S <br />0�f10� <br />�� , �a <br />Du�Bfry ®0 <br />
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