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Authorizing Issuance and Sale of Bonds to refund Outstanding Refunding Revenue Bonds of 1993
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Authorizing Issuance and Sale of Bonds to refund Outstanding Refunding Revenue Bonds of 1993
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Last modified
5/20/2009 2:24:27 PM
Creation date
8/28/2008 1:50:58 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
9/24/2001
Ord-Res Number
9270-01
Bill Number
92-01
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<br />EXHIBIT B <br />(Form of Bond) <br />UNITED STATES OF AMERICA <br />STATE OF INDIANA COUNTY OF ST. JOSEPH <br />CITY OF SOUTH BEND <br />SEWAGE WORKS REFUNDING REVENUE BOND OF 2001 <br />Interest Maturity Original Authentication <br />Rate Date Date Date CUSIP <br />Registered Owner: <br />Principal Sum: <br />The City of South Bend, in St. Joseph County, State of Indiana, for value <br />received, hereby promises to pay to the Registered Owner set forth above, solely out <br />of the special fund hereinafter referred to, the Principal Sum set forth above on the <br />Maturity Date set forth above (unless this bond is subject to and is called for <br />redemption prior to maturity as hereinafter provided), and to pay interest thereon until <br />the Principal Sum shall be fully paid at the Interest Rate per annum specified above <br />from the interest payment date to which interest has been paid next preceding the <br />Authentication Date of this bond unless this bond is authenticated after the fifteenth <br />day of the month preceding an interest payment date and on or before such interest <br />payment date in which case interest shall be paid from such interest payment date, or <br />unless this bond is authenticated on or before May 15, 2002 in which case it shall bear <br />interest from the Original Date, which interest is payable semi-annually on the first <br />day of June and December of each year, beginning on June 1, 2002. <br />The principal of this bond is payable at the office of Wells Fargo Bank <br />Indiana, N.A., (the "Registrar" or "Paying Agent"), in South Bend, Indiana. All <br />payments of interest on this bond shall be paid by check or draft mailed one business <br />day prior to the interest payment date to the registered owner hereof as of the fifteenth <br />day of the month preceding the interest payment date at the address as it appears on <br />the registration books kept by the Registrar or at such other address as is provided to <br />the Paying Agent in writing by the registered owner. All payments ofprincipal ofthis <br />bond shall be made upon surrender thereof at the principal corporate trust office of the <br />Paying Agent in any coin or currency of the United States of America which on the <br />dates of such payment shall be legal tender for the payment of public and private <br />debts. <br />
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