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02-23-15 Agenda, Packet & Committee Meeting Notice
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02-23-15 Agenda, Packet & Committee Meeting Notice
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2/23/2015 3:02:23 PM
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City Council - City Clerk
City Council - Document Type
Agendas
City Counci - Date
2/23/2015
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issue of Additional Bonds, for each respective year during the term of such <br />outstanding EDIT Bonds. In determining the other available revenues to be <br />received in any future year, the Certifier shall base his calculation on estimates, <br />believed by the Certifier to be reasonable, including without limitation estimates of <br />investment earnings. For purposes of this paragraph, "Other Available Revenues" <br />shall mean, to the extent such amounts have been set aside and designated for such <br />purpose, amounts held in any debt service reserve accounts for outstanding EDIT <br />Bonds, other than the proposed Additional Bonds. <br />SECTION 3. Severability. If any section, paragraph or provision of this Ordinance shall <br />be held to be invalid or unenforceable for any reason, the invalidity or unenforceability of such <br />section, paragraph or provision shall not affect any of the remaining provisions of this Ordinance. <br />SECTION 4. Original Ordinance Otherwise Unaffected. All other provisions of Original <br />Ordinance No. 10346 -15 not affected by the Amendments set forth in Sections 1 and 2 of this <br />ordinance shall remain in full force and effect. <br />SECTION 5. Interpretation. Unless the context or law clearly requires otherwise, <br />references herein to statutes or other laws include the same as modified, supplemented or <br />superseded from time to time. <br />SECTION 6. Effectiveness. This Ordinance shall be in full force and effect from and <br />after its passage by the Common Council and approval by the Mayor. <br />ATTEST: <br />John Voorde, City Clerk <br />Member, South Bend Com on Council <br />J e 1� 4e. <br />op;o ,1 wd <br />Council a0i= 0n 013 <br />Presented by me to the Mayor of the City of South Bend, Indiana this day of <br />, 2015, at M. <br />John Voorde, City Clerk <br />Approved by me, Mayor of the City of South Bend, Indiana, <br />2015, at .M. <br />i si READING L- L3—� S <br />PUBLIC HEARING <br />3 rd READING <br />NOT APPROVED <br />REFERRED <br />PASSED <br />4 <br />Buttigieg, Mayor <br />this day of <br />
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