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Section 5. Resolution No. 34 -79 of the South Bend <br />Economic Development Commission passed on October 22, 1979, is <br />hereby approved; and the Common Council of the City of South Bend <br />hereby finds that the proposed financing for the issuance of the <br />economic development revenue bonds would be of benefit to the <br />health and welfare of the City of South Bend and that it complies <br />with the purposes and provisions of I.C. 18- 6 -4.5, as amended and <br />supplanted. <br />Section 6. This Ordinance shall be in full force and <br />effect from and after its passage by the Common Council and <br />approval by the Mayor. <br />Member of <br />t,f READINI <br />PU3LIC HEA.RIING <br />2n; REAC)ING // 7 <br />!�o APPROVED <br />RE1 :CRRED <br />-3- <br />'j'jiu,iull Uuurncll <br />to <br />U <br />C! G' Rv Y+ t C' <br />i 3 <br />