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City reserving the right to reject any and all bids. The purchaser <br />shall pay anyaccrued interest on said bonds, and all bids shall be <br />required to be a�ccompanied by a certified check of the bidder payable <br />to the City of (south Bend, Indiana, for one per cent of the amount of <br />such bid aqd which check shall be forfeited to the City by the successful <br />bidder if he shall refuse to accept and pay for said bonds. <br />SECTION 7 <br />The proceeds received from the sale of said bonds shall be applied <br />to and become a part of the General Fund of said City and shall be ap- <br />propriated therefrom as provided by law. <br />SECTION S. <br />its <br />a <br />This Ordinance shall be in full force and effect from and after <br />passage. <br />YJ <br />pn , <br />-3- <br />1%4M Z:Z.� <br />e er of the Common oune . <br />