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Approving Terms of Lease Revenue Bonds Hamilton Manufacturing & Warehouse Inc
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Approving Terms of Lease Revenue Bonds Hamilton Manufacturing & Warehouse Inc
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Last modified
11/18/2013 11:35:21 AM
Creation date
11/15/2013 4:07:46 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
10/6/1975
Ord-Res Number
5895-75
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Section 2. Said forms of Lease and Trust Indenture <br />together with Industrial Development Revenue Bonds which are on file <br />with the Commission are hereby incorporated by reference into this <br />Ordinance, and said froms shall be inserted into the minutes of the <br />Common Council of the City of South Bend, Indiana, and shall be kept <br />on file 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 Hamilton <br />Manufacturing and Warehouse, Inc., facilities, may be issued in <br />amounts not to exceed $750,000.00 for a period of fifteen (15) <br />years from <br />1975, in accordance with the terms of <br />said Lease and Trust Indenture and that such Bonds shall be <br />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 />Presented by: A <br />Councilma <br />-2- <br />
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