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Z <br />desirable to consummate the transaction, including the bonds <br />authorized herein. The Mayor is also authorized and directed to <br />execute the final official statement upon printing thereof. The <br />signatures of the Mayor, City Clerk and City Controller on the bonds <br />and coupons may be a facsimile signature. The City Controller is <br />authorized to arrange for.delivery of such bonds to the purchasers <br />thereof, payment for which will be made to the Trustee named in <br />the Mortgage and Indenture of Trust. <br />Section 6. The provisions of the Ordinance and the <br />Mortgagd -and Indenture of Trust securing the bonds shall constitute <br />a contract binding between the City of South Bend and the holder <br />of the Economic Development Revenue Bonds, Series 1974 (American <br />Chain & Cable Company, Inc. Project), and after the issuance of <br />said bonds, this Ordinance shall not be repealed or amended in <br />any respect which would adversely affect the rights of such holders <br />so long as any of said bonds or the interest thereon remains unpaid. <br />Section 7. This Ordinance shall be in full force and <br />effect from and after its passage by the Common Council and signing <br />by the Mayor. <br />President, Common Council <br />Attest: <br />Irene K. Ga=oft, Clerk the <br />City of South Bend <br />Presented by me to the Mayor of the City of South Bend, <br />Indiana, on this 11th day of June, 197. <br />Irene ::. Ga.-::on, Clerk of the <br />City of South Bend <br />Approved and signed by me on this day of June, 1974. <br />Jerry J. Miller, mayor of the <br />City of South Bend <br />Passed June 10, 1974, as amended. <br />-3- <br />