Authorizing the Issuance and Sale of Bonds $1,000,000.00

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Said bonds shall not be advertised for sale prior to the expiration of the g "eriod during which taxpayers may file remon- strances or objecting petitions to the issuance of said bonds. In the event a remonstrance shall be filed by the owners of tax.. able real estate under the provisions of Section 64-313 Burns Indiana Statutes Annotated, 1933, then no further steps toward the issuance of said bonds shall be taken unless and until the Common Council shall have determined that such remonstrance is insufficient. In the event an objecting petition or petitions are filed by taxpayers under the provisions of Section 64_1332 Burns Indiana Statutes Annotated, 1933, then no further steps toward the issuance of said bonds shall be taken unless and until the State Board of Tax Commissioners shall issue its order approving the issuance of said bonds. In the event it shall be determined by the State Board of Tax Commissioners, or otherwise, that the whole amount of the bonds herein authorized shall not be issued, then the City Controller shall be authorized to advertise and sell a lesser amount of bonds, and the bonds not issued and sold shall be the bonds of the longest maturity or maturities. Section 5. Prior to the sale of said bonds the City Controller shall cause to be published a notice of such sale once each week for two (2) weeks in said the South Bend Tribune and The Record. The date fixed for the sale shall not be earlier than seven (7) days after the last of said publications. Said bond sale notice shall state the time and place of sale, the purpose for which the bonds are being issued, the total amount thereof, the maximum rate of interest thereon, the time and place of payment, the terms and conditions on which bids will be received and sale - 6