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Section 4. Said Industrial Development Revenue Bonds, <br />payable solely and only from the revenue derived from such <br />ANCHOR PROPERTIES, II, an Indiana Partnership, facilities, may <br />be issued in amounts not to exceed Four Hundred Thousand Dollars <br />($400,000.00) for a period not exceeding twenty (20) years after <br />the first monthly installment due thereon, in accordance with the <br />terms of said Loan Agreement, Trust Indenture, Note and Mortgage <br />and that such Bonds shall be executed on behalf of the City of <br />South Bend, Indiana, by the Mayor and City Clerk of South Bend, <br />Indiana, and shall be sealed with the corporate seal of said City. <br />Section 5. This Ordinance shall be in full force and <br />effect from and after its passage by the Common Council and <br />approved by the Mayor. <br />1st AEADING <br />IRMUC <br />b4 READING ;?R- 79 <br />'NOT :ARP <br />"FERn"U " <br />Member of the/Common Council <br />-2- <br />CITY CLERK, 50U7H <br />1979 <br />