Issuance and Sale of Bonds for Construction & Improvements of Sewers

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shall be considered a part of the cost of said newer project, and shall be paid out of the proceeds of said bonds. See. 6. The City Controller is hereby authorized and directed to have said bonds and coupons prepared, and the Mayor, City Controller and City Clerk are hereby authorized and directed to execute said bonds and the interest coupons to be attached thereto in the form and manner herein pro- vided. After said bonds shall have been properly executed, the City Con- troller shall deliver the same to the City Treasurer, and shall take his receipt therefor, and upon the consummation of the sale of said bonds the City Controller shall then certify to the Treasurer the amount which the purchaser is to pay for the same; thereupon, said Treasurer shall be authorized to receive from the purchaser the amount so certified by the Controller and to deliver the bonds to such purchaser. Sec. 7. This ordinance shall be in full force and effect immediately upon its passage and signing by the Mayor. Passed and adopted by the Common Council of the City of South Bend on the 13th day of September , 1945• Attest: City Clerk Presented by me to the Mayor of the City of South Bend on the 14th day of September , 1945, at the hour of 8 :30 o'clock A M. This ordinance approved and September 1945 2 at — 7 — City Clerk by me on the 14th day of of 9 :00 0' clock A M.