Laserfiche WebLink
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 />BERTRAND PRODUCTS, INC. facilities, may be issued in amounts <br />not to exceed Four Hundred Seventy -Five Thousand ($475,000) <br />Dollars for a period not exceeding fifteen (15) years after the <br />first monthly installment due thereon, in accordance with the <br />terms of said Lease and Trust Indenture and that such Bonds shall <br />be executed on behalf of the City of South Bend, Indiana, by the <br />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 <br />approved by the Mayor. <br />Member of th Common Council <br />FILED IN CLERK'S Eiff"2CE <br />Ist -2- <br />RV v: <br />NOT Al <br />RErERr2LD Irene Gammon <br />PASSED CI71! CLERK, SOUTH BEND, iiw. <br />