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Purchase of Land and the Construction , off Street Parking Facilities Issuance of revenue Bonds and Distribution of the Revenues
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Purchase of Land and the Construction , off Street Parking Facilities Issuance of revenue Bonds and Distribution of the Revenues
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1/16/2014 3:10:56 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
6/9/1969
Ord-Res Number
5089-69
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accrued interest to the date fixed for redemption, plus the <br />following premiums: <br />3% if redeemed on January 1, 1984, or thereafter <br />on or before July 1, 1987; <br />2% if redeemed on January 1, 1988, or thereafter <br />on or before July 1, 1991; <br />1% if redeemed on January 1, 1992, or thereafter <br />on or before July 1, 1995; <br />0% if redeemed on January 1, 1996, or thereafter <br />prior to maturity; <br />and, from any funds regardless of source, in whole only, on <br />January 1, 1984, or any date thereafter, at the principal <br />amount thereof and accrued interest to the date fixed for <br />redemption, plus the following premiums: <br />5% if redeemed on January 1, 1984, or thereafter <br />on or before December 31, 1987; <br />4% if redeemed on January 1, 1988, or thereafter <br />on or before December 31, 1991; <br />2% if redeemed on January 1, 1992, or thereafter <br />on or before December 31, 1995; <br />1% if redeemed on January 1, 1996, or thereafter <br />prior to maturity. <br />Notice of such redemption shall be published in a newspaper <br />published in the City of South Bend, Indiana, and shall also <br />be published in The Bond Buyer, or in the event of suspension <br />of publication of such financial journal, then in another fi- <br />nancial journal, published in the Borough of Manhattan, City <br />and State of New York, or in a financial journal published in <br />the City of Chicago, Illinois. If the date fixed for redemp- <br />tion is an interest payment date, said notice shall be so pub- <br />lished one (1) time at least thirty (30) days prior to the <br />redemption date; if the date fixed for redemption is other <br />than an interest payment date, said notice shall be so pub- <br />lished by two (2) insertions, the first to be at least thirty <br />(30) days prior to the date fixed for redemption and the sec- <br />ond to be not more than thirty (30) nor less than fifteen (15) <br />
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