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Approving Revenue Bonds Pertaining to Adapto Inc
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Approving Revenue Bonds Pertaining to Adapto Inc
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Last modified
10/10/2013 11:45:54 AM
Creation date
10/8/2013 11:25:37 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
11/8/1976
Ord-Res Number
6067-76
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HORNEURG, McGill. <br />OEAHL. HARMAN. <br />CAREY &MURRAY <br />Section 2. Said forms of Lease and Trust Indenture <br />together with Economic Development Revenue Bonds which are on file <br />with the Commission are hereby incorporated by reference into this <br />Ordinance, and said forms shall be inserted into the minutes of <br />the Common Council of the City of South Bend, Indiana, and shall <br />be kept on file by the City Clerk of South Bend, Indiana. <br />Section 3. The Lease and Trust Indenture and Economic <br />Development Revenue Bonds shall be executed on behalf of the City of <br />Indiana by the Mayor and City Clerk and sealed with the <br />corporate seal of such City. <br />Section 4. Said Economic Development Revenue Bonds, <br />payable solely and only from the revenue derived from such <br />Adapto, Inc. facilities, may be issued in amounts not to exceed <br />Two Hundred Thousand and 00 /100 Dollars ($200,000.00) for a <br />period of fifteen (15) years duration from the date of the <br />issuance of such bonds in accordance with the terms of said Lease and <br />Trust Indenture and that such bonds shall be executed on behalf of <br />the City of South Bend, Indiana by the Mayor and City Clerk of <br />South Bend, Indiana, and shall be sealed with the corporate seal of <br />said City. <br />Section 5. This Ordinance shall be in full force and effect <br />from and after its passage by the Common Council and approved by <br />the Mayor. <br />Presented by <br />Counci <br />Passed and adopted by the Common Council of the City of <br />South Bend, Indiana, on the -Z day of `L��.E w� e. , 1976. <br />FILED IN CLERK'S OFFICE <br />OCT 2 0 1976 <br />Irene Gammon <br />CO MR& §QM ] E% MD, <br />ATTEST: <br />y� <br />Irene K. Gammon, City Clerk <br />Presented to me and approved by me this 1015'L day of <br />ld RMn°s - 4 0 -�— , 1976. <br />PUBLIC HEARING $J_7�6 <br />2nd READING <br />NOT APPROVED <br />REFERRED Peter J. Neme , I +Iayor <br />PASSED <br />
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