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Section 3. The Lease and Trust Indenture shall be <br />executed on behalf of the City of South Bend, Indiana by the <br />Mayor and City Clerk and sealed with the corporate seal of <br />such City. <br />Section 4. Said Industrial Development Revenue Bonds, <br />payable solely and only from the revenue derived from such <br />THOMAS S. DREISBACH and LORIE DREISBACH facilities, may be issued <br />in amounts not to exceed Five Hundred Twenty -five Thousand ($525,000.00) <br />Dollars for a period not exceeding ten (10) years after the first <br />monthly installment due thereon, in accordance with the terms of <br />said Lease and Trust Indenture and that such Bonds shall be executed <br />on behalf of the City of South Bend, Indiana, by the Mayor and City <br />Clerk of South Bend, Indiana, and shall be sealed with the corporate <br />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 '/—/0 — 71? <br />PUBLIC HEARING 41-PY -2 V <br />2nd READING 0?y 2 <br />NOT APPROVED <br />REFERRED <br />PASSED.. <br />Member of the Common Council <br />FILED IN CLERK'S DEFILE <br />APR 41978 <br />Irene Gammon <br />D. <br />ClU cam. sov_% MD. 111 <br />-2- <br />