Laserfiche WebLink
date thereof, after giving notice of said sale thereof, once each week, for <br />two (2) weeks in the South Bend Tribune and in the Tri- County News. The <br />highest bidder shall be the one who offers the lowest net interest cost to <br />the City, to be determined by computing the total interest of all the war- <br />rants to their maturity or maturities and deducting therefrom the premium <br />bid, if any. The notice of the sale shall describe briefly the warrants, <br />setting out the facts in regard to the amount, denomination, rate of in- <br />terest, dates of issuance and maturity, and a fixed time and place for the <br />receiving of bids therefor. The Controller shall be authorized to reserve <br />the right to deliver all of said warrants at one time, or in parcels as <br />stated in said Notice. The Controller shall have the right to reject any <br />and all bids. In the event that no satisfactory bids for said warrants <br />are received at the time fixed in said notice, the sale may be continued <br />from day to day thereafter for a period not to exceed thirty (30) days with- <br />out readvertisement, but during the continuation of such sale no bid shall <br />be accepted which is lower than the highest bid received at the time fixed <br />for said sale in said notice. <br />Section 4. This Ordinance shall be in full force and effect from <br />and after its passage and sinning by the Mayor. <br />Passed by the <br />of , <br />ATTEST: <br />Common Council of <br />1966. <br />Pr idin Officer of -the C/ o6 on <br />C cil <br />C rTY C WAM <br />Presented by me to the Mayor of the City o <br />day of 1966, at the hour of <br />This ordinance approved and sio <br />1966, at the hour of /h:2 b o'clock 0 <br />let Q 2nd READING 2—//7/—(- <br />G <br />(il M77EE OF THE WHOLE <br />PDSLIC HEARING � <br />3rd READING <br />?iOT A?PRDYED <br />REFERRED <br />FA88ED a /SC <br />f South Bend, on the <br />o'clock 4.M. <br />CITY / ' <br />-. by me on the .. <br />it ffJ_ <br />