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Authorizing the Issuance and Sales of Bonds Cost of Construction and Improvement of Sewers
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Authorizing the Issuance and Sales of Bonds Cost of Construction and Improvement of Sewers
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1/6/2015 11:44:00 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
4/10/1950
Ord-Res Number
3738-50
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counsel whose opinions are acceptable to bond purchasers generally, and to <br />furnish such opinion to the purchaser of said bonds. The cost of said opinion <br />shall be considered a part of the cost of said sewer project, and shall be paid <br />out of the proceeds of said bonds. <br />Section 6. The City Controller is hereby authorized and directed to <br />have said bonds and coupons prepared, and the Mayor, City Controller and <br />City Clerk are hereby authorized and directed to execute said bonds and the <br />interest coupons to be attached thereto in the form and manner herein provided. <br />After said bonds shall have been properly executed, the City Controller shall <br />deliver the same to the City Treasurer, and shall take his receipt therefor, <br />and upon the consummation of the sale of said bonds the City Controller shall <br />then certify to the Treasurer the amount which the purchaser is to pay for the <br />same; thereupon, said Treasurer shall be authorized to receive from the pur- <br />chaser the amount so certified by the Controller and to deliver the bonds to <br />such purchaser. <br />Section 7. This ordinance shall be in full force and effect immediately <br />upon its passage and signing by the IViayor. <br />Passed and adopted by the Common Council of the City of South Bend <br />on the 10th day of April , 1950- <br />Presiding Officer <br />Attest: J <br />�ir`12e -tr f. <br />City Clerk <br />Presented by me to the Mayor of the City of South Bend on the 11th <br />day of April , 1950, at the hour of 8:30 o'clock A M. <br />This ordinance approved and signed by me <br />April , 19502 at the <br />FC NIAR 2 A195O' <br />MAYME DU MONT <br />CITY CLERK <br />D <br />Member of the Common Council <br />the 11th day of <br />of 9:00 o'clock,_. M. <br />
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