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Section 4. Said Industrial Development Revenue Bonds, <br />payable solely and only from the revenue derived from such BILLY C. <br />AND DORLIS M. GIBSON AND FRANK J. AND ROSEMARY D. MCNAMEE facilities, <br />may be issued in amounts not to exceed Two Hundred Thousand <br />($200,000.00) Dollars for a period not exceeding /5- years <br />after the first monthly installment due thereon, in accordance with <br />the terms of said Lease and Trust Indenture and that such Bonds <br />shall be executed on behalf of the City of South Bend, Indiana, by <br />the 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 approved <br />by the Mayor. <br />1s► READING <br />pUri IC HEARING /G ' y -7 ? <br />2nd READING <br />NOT APPROVED <br />REFERRED <br />PASSED `/ °7% <br />-2- <br />Member of the Common Council <br />FILED IN CLERK'S OFFICE <br />1977 <br />Irene Gammon <br />90 -CLERKS SOUTH SEND, IND. <br />