Authorizing City of South Bend to Borrow $400,000.00 and to Issue ans Sell Bonds fro Purpose of Providing Funds for Payment of City's Part of Expense of Track Elevation

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shall be forfeited to the city by the successful bidder if he shall refuse to accept and pay for said bonds. SECTION 11. The proceeds from the sale of said bonds is hereby appropriated to the Track Elevation Fund of said City to be used on the track elevation project above referred to. SECTION 12. This ordinance shall be in full force and effect from and after its passage and approval by the :[dayor. `ot A?E'LIBER O THEECC(1 ION COUNCIL.