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Authorizing Revenue Bonds - FBT Bancorp Inc
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Authorizing Revenue Bonds - FBT Bancorp Inc
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Last modified
11/22/2013 3:23:53 PM
Creation date
11/22/2013 2:12:34 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
9/10/1973
Ord-Res Number
5569-73
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ordinance as provided by law. <br />Section 4. Said Economic Development Revenue Bonds, payable <br />solely and only from the revenue derived from such FBT Bancorp, Inc. <br />facilities, may be issued in amounts not to exceed $700,000.00, for <br />a period of not exceeding fifteen (15) years in duration, in accordance <br />with the terms of said Lease and Trust Indenture and that such bonds <br />shall 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 with <br />the corporate seal of 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 approval by the <br />Mayor. <br />-( tE� Q�2 <br />Mem of the Co n Council <br />Passed September 10, 1973, as amended. <br />
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