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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 />DIXIE DEVELOPMENT PARTNERSHIP facilities, may be issued in amounts <br />not to exceed Two Hundred Thousand ($200,000.00) 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 />14 READING Y- a 9-'2 % <br />PUBLIC HEARING 4 -1.? - 27 <br />2nd READING 9-1;2 - 77 <br />NOT APPROVED <br />REFERRED <br />PASSED 2 <br />-2- <br />h <br />Member of the Common Council <br />FILED IN NPq-7", <br />Irene Gammon <br />CITY CLERK, SOUTH BEND, IND. <br />