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2. The final terms of the issuance of said Bonds shall be <br />determined with the adoption of an ordinance or resolution by or on <br />behalf of the City of South Bend, Indiana. <br />3. It is anticipated that all or some portion of the Bonds <br />shall be issued on a tax - exempt basis. <br />4. The Bonds shall be payable from a source of funds deemed <br />available by the issuing entity, and this source of funds shall not <br />be limited to C.E.D.I.T. dollars. <br />5. The Bonds shall be issued when the Museum has received at <br />least One Million Dollars ($1,000,000) in contributions and has an <br />additional Four Million Dollars ($4,000,000) in revenues pledged to <br />the Project, which pledges shall be fulfilled within five (5) years <br />of the date of issuance of the Bonds. <br />6. This Resolution shall be in full force and effect from and <br />after its adoption by the Common Council and approval by the Mayor. <br />�C� <br />Member of the Common Council <br />PRESENTED )-23-99 <br />NOT APPROVED 9 <br />ADOPTER' <br />Filed it Clerk's Office <br />FEB 18 1998 <br />LOAMIAJ. DUDA <br />CITY CLERK, 30. SEND, IN. <br />