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Authorizing Revenue Bonds - Wells Electronics Inc
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Authorizing Revenue Bonds - Wells Electronics Inc
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11/22/2013 3:23:58 PM
Creation date
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
9/10/1973
Ord-Res Number
5572-73
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such officers shall not execute such Lease and Trust Indenture and <br />Economic Development Revenue Bonds within twenty (20) days follow- <br />ing the adoption of this ordinance as provided by law. <br />Section 4. Said Economic Development Revenue Bonds, <br />payable solely and only from the revenue derived from such Wells <br />Electronics, Inc. facilities, may be issued in amounts not to <br />exceed $280,000.00 for a period of twenty (20) years duration <br />from the date of the issuance of such bonds in accordance with <br />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, <br />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 <br />effect from and after its passage by the Common Council and <br />approval by the Mayor. <br />1,t READING <br />P''J;LIC: ^'.RING <br />NOT APPROVED <br />REFERRED <br />PASSED <br />g -a '7 -�73 <br />q- to- 73 <br />9-i0 -23 <br />px� VVZZ4� <br />Member of Cou c 1 <br />FILED IN CLERK'S OFFICE <br />AUG 10 1973 <br />Irene Gammon <br />CITY CLERK, SOUTH BEND, IND. <br />
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