Economic Development Revenue Bonds SDT Partnership

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the transaction, including the bonds authorized herein. The Mayor and Clerk are hereby expressly authorized to approve any modifications or additions to the documents constituting the Financing Agreement, the Official Statement and Bond Purchase Agreement which take place after the date of this Ordinance with the review and advice of the City Attorney, it being the express understanding of this Common Council that said Financing Agreement, the Official Statement and Bond Purchase Agreement are in substantially final form as of the date of this Ordinance. The approval of said modifications or additions shall be conclusively evidenced by the execution and attestation thereof and the affixing of the Seal thereto or the imprinting of the Seal thereon, provided, however, that no such modification or addition shall change the maximum principal amount of, interest rate on or term of the bonds as approved by the Common Council by this Ordinance without further consideration by the Common Council. The signatures of the Mayor and Clerk on the bonds and coupons, if any, may be either manual or facsimile signatures. The Clerk is authorized to arrange for delivery of such bonds to the Trustee named in the Trust Indenture, payment for the bonds will be made to the Trustee named in the Trust Indenture and after such payment the bonds will be delivered by the Trustee to the purchasers thereof. The Mayor and Clerk shall execute and the Clerk shall deliver the bonds to the Trustee within ninety (90) days of the adoption of this Ordinance. The bonds shall be dated as of May 1, 1983. Section 6. The provisions of this Ordinance and the Loan and Security Agreement securing the bonds shall constitute a contract binding between the City of South Bend and the holders of the Economic Development Revenue Bonds, Series 1983 (SDT Partnership - 1983 Project), and after the issuance of - 4 -