Authorizing the making of a Temporary Loan for the General Fund & Issuance and Sale of Warrants

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Indiana, authorizing the making of a temporary loan for the General Fund and the issuance and sale of warrants of the City for such purpose ", duly passed and adopted by the Common Council of said City, on the day of , 1961, and in strict accordance with in act entitled "An Act concerning Municipal Corporation, " in force April 15, 1905, and all other acts amendatory thereof or supplemental thereto, for the purpose of procuring a temporary loan for the General Fund of said City. This warrant is issued in anticipation of the tax levy made for said General Fund, collectible in the year 1961, which tax levy is now in course of collection and to the payment of this warrant, and the interest hereon a sufficient amount of the revenues to be derived from said tax levy has been and is hereby appropriated and pledged. It is hereby certified that in the issuance of this warrant all provisions of the constitution and statues of the State of Indiana relating thereto have been complied with, and that the tax levy from the proceeds of which this warrant and the interest hereon is payable, is a valid and legal levy, and that the City will reserve a sufficient amount of the proceeds thereof for the payment of this warrant and the interest hereon. IN WITNESS WHEREOF, the City of South Bend has caused this warrant to be signed in its corporate name by its Mayor, countersigned by its City Controller, and its corporate seal to be hereunto affixed and attached by its City Clerk, as of the day of , 1961. ATTEST: City Clerk CITY OF SOUTH BEND BY: Mayor Countersigned: City Controller Sec. 3. The City Controller is hereby authorized and directed to have said warrants prepared in any sum necessary, not to exceed Three Hundred Thousand ($300, 000.00) Dollars, and to sell said warrants as a whole, or in parcels, to the Highest bidder therefor, at not less than the face value thereof, plus accrued -3-