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Authorizing the Issuance and Sale of Bonds Said City in Order to Provide Funds for Various Purposes
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Authorizing the Issuance and Sale of Bonds Said City in Order to Provide Funds for Various Purposes
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5/13/2013 1:49:55 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
1/12/1981
Ord-Res Number
6881-81
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the date hereof until the principal is paid, at the <br />rate of per cent ( %) per annum, payable <br />on July 5199822 and semi_- -an u1y_ thereafter on January <br />15 and July 15 in each year, upon presentation and sur- <br />render of the annexed coupons as they severally become <br />due. <br />Both principal and interest of this bond are payable <br />in lawful money of the United States of America, at the <br />option of the holder, at the First Bank and Trust Company <br />of South Bend, in the City of South Bend, Indiana. <br />This bond is one of an authorized issue of one <br />thousand one hundred eighty -three (1,183) bonds of the <br />City of South Bend, of like date, denomination, tenor and <br />effect, except as to dates of maturity, aggregating Five <br />Million Nine Hundred Fifteen Thousand Dollars ($5,915,000.00), <br />numbered consecutively from 1 to 1,183 inclusive, issued <br />pursuant to an ordinance adopted by the Common Council of <br />said City on , 1981, entitled "An <br />Ordinance of the City of South Bend, Indiana, authorizing <br />the issuance and sale of bonds of said City in order to <br />provide funds for various purposes." <br />It is hereby certified and recited that all acts, <br />conditions and things required to be done precedent to and <br />in the execution, issuance and delivery of this bond have <br />been done and performed in regular and due form as provided <br />by law; that this bond and said total issue of bonds is <br />within every limit of indebtedness prescribed by the <br />constitution and laws of the State of Indiana, and that <br />the full faith and credit of the City of South Bend, <br />together with all of its taxable property, both real and <br />personal, are hereby irrevocably pledged to the punctual <br />payment of the principal and interest of this bond according <br />to its terms. <br />IN WITNESS WHEREOF, the City of South Bend, in St. <br />Joseph County, Indiana, by ordinance of its Common Council, <br />has caused this bond to be executed in its corporate name <br />by the facsimile signature of its Mayor, countersigned by <br />the facsimile signature of its City Controller, its corporate <br />seal to be hereunto affixed and attested by the manual signa- <br />ture of its City Clerk, and the interest coupons hereto <br />attached to be executed by placing thereon the facsimile <br />signatures of said Mayor and City Controller as of the <br />day of , 1981. <br />Attest: <br />City Clerk <br />CITY OF SOUTH BEND <br />By (facsimile) <br />Mayor <br />Countersigned: <br />By (facsimile) <br />City Control er <br />-3- <br />
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