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WHEREAS, as of the o?4 �A day of & x,1973, this <br />Common Council of the City of South Bend, Indiana, adopted a <br />resolution pursuant to which such financing of such facilities for <br />KLMS Realty, an Indiana Partnership, under the Act was approved after <br />a finding that such proposed financing for such entity would be of <br />benefit to the health or welfare of the City of South Bend, Indiana. <br />NOW, THEREFORE, BE IT ORDAINED by the Common Council of the <br />City of South Bend, Indiana, that: <br />Section 1. The form and terms of the Lease and Trust Indenture <br />and Economic Development Revenue Bonds pertaining to KLMS Realty, an <br />Indiana Partnership facilities and the issuance of the Economic <br />Development Bonds pursuant 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 <br />Commission are hereby incorporated by reference into this Ordinance, <br />and said forms shall be inserted into the minutes of the Common Council <br />of the City of South Bend, Indiana, and shall be kept on file by the <br />City Clerk of South Bend, Indiana. <br />Section 3. The Lease and Trust Indenture and Economic Develop- <br />ment Revenue Bonds shall be executed on behalf of the City of South <br />Bend, Indiana by the Mayor and City Clerk and sealed with the corporate <br />seal of such City, but such execution shall not take place until the <br />elapse of twenty (20) days following the adoption of this Ordinance as <br />provided.by law. <br />Section 4. Such Economic Development Revenue Bonds, payable <br />solely and only from revenues and receipts derived from such KLMS Realty, <br />an Indiana Partnership facilities, may be issued in a total sum of not <br />- 2 - <br />