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Section 2. Said forms of Lease and Trust Indenture together <br />with Industrial Development Revenue Bonds which are fn file with the <br />Commission are hereby incorporated by reference into this Ordinance, <br />and said forms shall be inserted into the minutes of the Common <br />Council of the City of South Bend, Indiana, and shall be kept on file <br />by the City Clerk of South Bend, Indiana. <br />Section 3. The Lease and Trust Indenture and Industrial <br />Development Revenue Bonds shall be executed on behalf of the City of <br />South Bend, Indiana by the Mayor and City Clerk and sealed with the <br />corporate seal of such City. <br />Section 4. SAid Industrial Development Revenue Bonds, <br />payable solely and only from the revenue derived from such CRESSY AND <br />EVERETT, INC. facilities, may be issued in amounts not to exceed $125,000.00 <br />for a period of fifteen (15) years from '101'-x- X31, 1975, in <br />accordance with the terms of said Lease and Trust Indenture and that <br />such Bonds shall be executed on behalf of the City of South Bend, Indiana, <br />by the 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 />Presented by: <br />Councilma- <br />-2- <br />