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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 />EUGENE C. MUTA facilities, may be issued in amounts not to exceed <br />Three Hundred Thousand ($300,000.00) Dollars for a period not <br />exceeding fifteen (15) years after the first monthly installment <br />due thereon, in accordance with the terms of said Lease and Trust <br />Indenture and that such Bonds shall be executed on behalf of the <br />City of South Bend, Indiana, by the Mayor and City Clerk of South <br />Bend, Indiana, and shall be sealed with the corporate seal of <br />said City. <br />Section 5. This Ordinance shall be in full force and <br />effect from and after its passgge by the Common Council and <br />approved by the Mayor. <br />1st READING <br />PUBLIC HEARING <br />2nd REAIāœ“NI G Y -,Q <br />NOT APPROVED <br />REFERRED <br />PASSED 77 <br />IWM <br />FILED IN CLERK'S OFFICE <br />r t <br />.!77 <br />c^ <br />. <br />Irene Gammon <br />CITY CLERK, SOUTH BEND, IND. <br />