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Authorizing $9,000,000 Economic Development Revenue Bonds
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Authorizing $9,000,000 Economic Development Revenue Bonds
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5/8/2013 11:28:46 AM
Creation date
5/8/2013 10:36:59 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
5/24/1982
Ord-Res Number
7054-82
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SECTION 4. Endorsement of the Note Replacement, The Mayor <br />and the City Cler s a 1 en orse the Replacement Note to the Trustee. <br />SECTION 5. Execution. Execution and sealing by the Mayor and <br />the City Clerk of the Replacement Bonds and the First Amendment and <br />endorsement by the Mayor and the City Clerk of the Replacement Note <br />shall constitute conclusive evidence of their approval of any and <br />all changes or revisions therein from the forms of such documents <br />before this meeting. <br />SECTION 6. General. The Mayor, the City Clerk, and City <br />Controller and other o icials and employees be and they are each <br />hereby authorized and directed, in the name and on behalf of the <br />City, to execute any and all agreements, documents, and instruments, <br />perform any and all acts, approve any and all matters, and do any <br />and all things deemed by them, or any of them, to be necessary or <br />desirable in order to carry out and comply with the intent, conditions <br />and purposes of this Bond Ordinance (including the preamble hereto <br />and the documents mentioned herein), the issuance of the Replacement <br />Bonds, and the securing of the Replacement Bonds under the Indenture, <br />as amended. <br />SECTION 7. 103(b)(6)(D)Election, The City elects to have the <br />provisions of 103 D or t e Internal Revenue Code of 1954, as <br />amended, apply to the issue of the Replacement Bonds and the Mayor <br />and City Clerk are hereby authorized, empowered, and directed to <br />file such election with the Internal Revenue Service for and on <br />behalf of the City, as Issuer. <br />SECTION 8. Effective Date. This Bond Ordinance shall be in <br />full force and effect imme iately upon its adoption by the Common <br />Council and approval by the Mayor. <br />V" <br />/em—b'��ero t e Common Coun it <br />FILED IN CLERK'S OFFICE <br />MAR i 7 tin, <br />,,t R' ' /,,D!;-',G 3 - ':? a - Irene Gammon <br />PIJBILIC HEAPING -1 ? o9`%. a CITY CLERK, SOUTH BEND, IND. <br />2nd READING 5-_a <br />NOT APPROVED <br />REFERRED <br />PASSED aS _ a7 �.� 3 <br />
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