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Authorizing Revenue Bonds - R Lee Fagen d/b/a Fagen Enterprises
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Authorizing Revenue Bonds - R Lee Fagen d/b/a Fagen Enterprises
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Last modified
12/2/2013 3:36:16 PM
Creation date
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
7/9/1973
Ord-Res Number
5543-73
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Bonds within twenty (20r days following the adoption of this or- <br />dinance as provided by law. <br />Section 4. The Economic Development Revenue Bonds, payable <br />solely and only from the revenue derived from such R. Lee Fagan <br />d /b /a Fagan Enterprises facilities, may be issued in a total <br />sum of not to exceed $240,000.00 for a period not to exceed <br />fifteen (15) years duration from the date of the issuance of such <br />bonds in accordance with the terms of said Lease, and Trust Inden- <br />ture, and Mortgage as amended at this meeting 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 <br />with 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 its approval <br />by the Mayor. <br />Member of Cou it <br />- 3 - <br />1sr READING G _ a 7. 7 3 <br />PUBLIC HEARING -7- 9- 3 <br />2nd READING 7 - q_ 3 <br />NOT APPROVED <br />REFERRED <br />PASSED 7 _ 9_ 3 <br />FILED IN CLERK'S OFFICE <br />JUN 13 1973 <br />Irene Gammon <br />CITY CLERK, SOUTH BEND, IND. <br />
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