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Authorizing Revenue Bonds Pertaining to K & F Manufacturing Co
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Authorizing Revenue Bonds Pertaining to K & F Manufacturing Co
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12/9/2013 3:07:20 PM
Creation date
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
2/26/1973
Ord-Res Number
5487-73
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are hereby incorporated by reference into this ordinance and <br />said forms shall be inserted into the minutes of the Common <br />Council of South Bend, Indiana, and shall be kept on file by <br />the City Clerk of South Bend, Indiana. <br />Section 3. The said Lease and '.Trust Indenture and <br />Economic Development Revenue Bonds as amended at this meeting <br />shall be executed on behalf of the City of South Bend, Indiana, <br />by the Mayor and City Clerk, but such officers shall not <br />execute such Lease and Trust Indenture and Economic Development <br />Revenue Bonds within twenty (20) days following the adoption <br />of this ordinance as provided by law. <br />Section 4. Said Economic Development Revenue Bonds, payable <br />solely and only from the revenue derived from such K & F <br />Manufacturing Company, an Indiana partnership facilities may be <br />issued in a total sum of not to exceed $70,000.00 for a period <br />not to exceed 15 years duration from the date of the issuance <br />of such bonds in accordance with the terms of said Lease and <br />trust Indenture as amended at this meeting 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 <br />be 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 <br />and approval by the Mayor. <br />1st READING % .3 <br />PUBLIC HEARING a- / a- 7.3 <br />2nd READING a_ a6 - 7 3 <br />NOT APPROVED <br />REFERRED <br />PASSED <br />Presie nt uncil <br />FILED IN CLERK'S OFFICE <br />JAN 171973 <br />Irene Gammon <br />CITY CLERK, SOUTH BEND, IND. <br />
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