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facilities and the issuance of the Economic Development Bonds pursuant <br />thereto are hereby approved and adopted. <br />Section 2. Said forms of Lease and Trust Indenture together <br />with Economic Development Revenue Bonds which are on file with the Com- <br />mission are hereby incorporated by reference into this Ordinance, and said <br />forms shall be inserted into the minutes of the Common Council of the City <br />of South Bend, Indiana, and shall be kept on file by the City Clerk of <br />South Bend, Indiana. <br />Section 3. The Lease and Trust Indenture and Economic Development <br />Revenue Bonds shall be executed on behalf of the City of South Bend, Indiana, <br />by the Mayor and City Clerk and sealed with the corporate seal of such City, <br />but such execution shall not take place until the elapse of twenty (20) days <br />following the adoption of this Ordinance as provided by law. <br />Section 4. Said Economic Development Revenue Bonds, payable <br />solely and only from the revenue derived from such Ridgedale Nursing Home <br />facilities, may be issued in amounts not to exceed $600,000.00 for a period <br />of time not to exceed ten (10) years duration from the date of the issuance <br />of such bonds in accordance with:the terms of said Lease and Trust Indenture <br />and that such bonds shall be executed on behalf of the City of South Bend, <br />Indiana, by the Mayor and City Clerk of South Bend, Indiana, and shall be <br />sealed with the corporate seal of said City. <br />Section 5. This Ordinance shall be in full force and effect from <br />and after its passage by the Common Council and approved by the Mayor. <br />Presented by: <br />Councilman <br />Passed and adopted by the Common Council of the City of South Bend, <br />Indiana, on the / -7 Cet day of YD. _ /,_) , 1973. <br />Attest: <br />/ 4t& Z <br />City Clerk President of Co n it <br />Presented by me to the Mayor of the City of South Bend, Indiana, on the _L_9� <br />day of oo o / o.) , 1973, at the hour of _.M. <br />City Clerk <br />This ordinance approved nd signed by me on ^the day of <br />1973, at the hour of e.M. � , �/ 1 A n <br />Attest: r /� (/„ ��- <br />City Clerk <br />