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Revenue Bonds Pertaining to FBT Bancorp Inc
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Revenue Bonds Pertaining to FBT Bancorp Inc
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Last modified
9/23/2013 2:57:54 PM
Creation date
9/23/2013 2:28:38 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
11/28/1977
Ord-Res Number
6263-77
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from the revenues derived from such FBT Bancorp, Inc. - Walkerton Branch <br />Project pursuant to the aforementioned Lease and Trust Indenture for a <br />bond issue of One Hundred Fifty -three Thousand Dollars ($153,000.00) <br />repayable with interest thereon at the rate of five and three - fourths <br />per cent (5 -3/4 %) per annum, in installments over a period commencing <br />April 1, 1978 and ending April 1, 1990, as more particularly set forth <br />in the form of Lease and Trust Indenture and Bond as approved by <br />this ordinance. <br />Section 5. The proceeds of this Industrial Development <br />Revenue Bond issue shall be used and applied in accordance with the <br />terms of such Lease and Trust Indenture. <br />Section 6. This Ordinance shall be in full force and <br />effect from and after its passage by the Common Council and <br />approval by the Mayor. <br />EA i U /-�— / '/— 22 <br />a ?USLf HEARING' lof— Af 77 <br />2nd READING �`%��' 7 7 <br />�11M APPROVED <br />%�� -- 7 .7 <br />-7--4�'Oe 14*_� <br />Member of the Common Council <br />FILED IN CtERKis OFFICE <br />�'T7 <br />Irene GaMMOn <br />
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