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Section 4. Said Industrial Development Revenue Bonds, <br />payable solely and only from the revenue derived from such <br />JAMES AND THERESA SHARPE,facilities, may be issued in amounts <br />not to exceed One Hundred Twenty -five Thousand ($125,000.00) <br />Dollars for a period not exceeding ten (10) years after the <br />first monthly installment due thereon, in accordance with the <br />terms of said Lease and Trust Indenture and that such Bonds shall <br />be executed on behalf of the City of South Bend, Indiana, by the <br />Mayor and City Clerk of South Bend, Indiana, and shall be sealed <br />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 READING e - l 7"- 2 P' <br />PUBLIC HEARING s <br />2nd READING $ 14 > Tr <br />NOT APPROVED <br />REFERRED <br />PASSED <br />q A."" <br />-2- <br />emb of the Common Council <br />FILED IN CLERK'S OFFICE <br />AUG 8 19781 <br />Irene Gammon <br />CITY CLERK, SOUTH BEND, IND. <br />