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Section 4. Said Industrial Development Revenue Bonds, <br />payable solely and only from the revenue derived from such <br />NIMET INDUSTRIES, INC. facilities, may be issued in amounts <br />not to exceed Four Hundred Thousand ($400,000.00) Dollars for <br />a period not exceeding twenty (20) years after the first monthly <br />installment due thereon, in accordance with the terms of said <br />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 <br />City Clerk of South Bend, Indiana, and shall be sealed with the <br />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 / /,/ 7 <br />PUBLIC HEAPING. <br />2nd READING ?% <br />NOT APPROYED <br />REFERRED <br />PASSED o >- V .P-77 <br />-2- <br />Member of the Common Council <br />