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in Indianapolis, Indiana. <br />The Bonds shall be executed and sealed, shall be in <br />such form, shall have such redemption provisions, and shall be <br />subject to such other terms and conditions as set forth in the <br />Indenture. The Bonds and the interest thereon do not and shall <br />never constitute an indebtedness of or a charge against the <br />general credit or taxing power of the City, but are limited <br />obligations of the City payable solely from revenues and other <br />amounts derived from the Loan Agreement and shall be secured as <br />provided in the Indenture. Forms of the Loan Agreement, the <br />Indenture and the Bond Purchase Agreement, are before this meeting <br />and are by this reference incorporated in this Bond Ordinance, and <br />the City Clerk is hereby directed to insert them into the minutes <br />of the Common Council and to keep them on file. <br />Section 5. Sale of the Bonds. The Mayor and City Clerk <br />of the City are hereby authorized and <br />to or upon the order of National Bank <br />National Bank, the Banks, pursuant to <br />at a price of $9,000,000, 100% of par <br />to be paid at one time or advanced pe <br />the Bond Purchase Agreement. <br />Section 6. Bond Purchase A, <br />directed to sell the Bonds <br />of Detroit and The Indiana <br />the Bond Purchase Agreement <br />value, such purchase price <br />riodically in accordance with <br />;reement. In order to provide <br />for the commitments of the City to sell the Bonds to the Banks, <br />and of the Purchasers thereafter to purchase the Bonds from the <br />Banks, the Mayor and the City Clerk shall execute and deliver in <br />the name of and on behalf of the City, a Bond Purchase Agreement <br />in substantially the form submitted to this Common Council, which <br />is hereby approved in all respects. <br />Section 7. Indenture. In order to secure the payment <br />of the principal of and interest on the Bonds, the Mayor and City <br />-5- <br />