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Authorizing the Issuance and Sale of General Purpose Bonds in the Sum of $450,000.00 Providing for Time and Manner of Advertising
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Authorizing the Issuance and Sale of General Purpose Bonds in the Sum of $450,000.00 Providing for Time and Manner of Advertising
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9/22/2015 10:36:48 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
4/22/1929
Ord-Res Number
2763-29
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• <br /> of Indianapolis, Indiana. <br /> SECTION 6. <br />• Said bonds shall be sold by the City Controller to the <br />• <br /> -highest and best bidder, for cash, and for not less than their <br /> par value, the City reserving the right to reject any and all bids. <br /> The purchaser shall pay any accrued interest on said bonds, and <br /> all bids shall be required to be accompanied by a certified check of <br /> the bidder payable to the City of South Bend, Indiana, for one per <br /> cent of the amount of such bid and which check shall be forfeited <br /> to the City by the successful bidder if he shall refuse to accept <br /> ant pay for said bonds. <br /> SECTION 7. <br /> The proceeds received from the sale of said bonds shall <br /> be applied to and become a part of the General fund of said City <br /> and shall be appropriated therefrom as provided-by law. <br /> SECTION 8. <br /> This Ordinance shall be in full force and effect from and <br /> after its passage. �� <br /> s I "I MEMBER OF THE COflON 9GUNCIL <br /> d6 t <br /> v <br /> 4( 5 ��� /5 <br /> 'v <br /> tet <br /> v <br /> 3 - <br />
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