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Authorizing Revenue Bonds Pertaining to Koszegi Leather & Vinyl Products Inc
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Authorizing Revenue Bonds Pertaining to Koszegi Leather & Vinyl Products Inc
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12/10/2013 11:29:29 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
3/26/1973
Ord-Res Number
5495-73
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Economic Development Revenue Bonds as amended at this meeting shall <br />be executed on behalf_ of the City of South Bend, Indiana, by the <br />Mayor and City Clerk, but such officers shall not execute such <br />Lease, Trust Indenture, Mortgage, and Economic Development Revenue <br />Bonds within twenty (20) days following the adoption of this ordi- <br />nance as provided by law. <br />Section 4. The Economic Development Revenue Bonds, payable <br />solely and only from the revenue derived from such the Koszegi <br />Leather & Vinyl Products, Inc. facilities, may be issued in a <br />total sum of not to exceed $220,000.00 for a period not to exceed <br />twenty (20) years duration from the date of the issuance of such <br />bonds in accordance with the terms of said Lease, Trust Indenture, <br />and Mortgage as amended at this meeting and that such bonds shall <br />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 />isr READING <br />3— / 0-?13 <br />PUBLIC HEARING <br />j _ ,2 G _ 7,3 <br />2nd READING <br />,3_ a& _ 7 3 <br />NOT APPROVED <br />REFERRED <br />PASSED <br />,3 - 3 <br />/ .4 M <br />' . <br />-3- <br />FILED IN CLERK'S OFFICE <br />MAR 7 1973 <br />Irene Gammon <br />CITY CLERK, SOUTH SEND, IND. <br />
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