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Inducement Resolution Relating to Application by Steel Warehouse Co. Inc. for Issuance of Economic Development Revenue Bonds
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Inducement Resolution Relating to Application by Steel Warehouse Co. Inc. for Issuance of Economic Development Revenue Bonds
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11/6/2015 9:23:35 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
6/10/1985
Ord-Res Number
1296-85
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planning, architectural work and engineering incurred <br /> prior to this inducement resolution will be permitted <br /> to be included as part of the bond issue to finance <br /> the Project . <br /> 5 . That the liability and obligation of the <br /> South Bend Economic Development Commission, the <br /> South Bend Common Council and the City of South Bend, <br /> Indiana, shall be limited solely to the good faith <br /> efforts to consummate such proceedings and issue such <br /> Bonds , and the South Bend Economic Development <br /> Commission and the City of South Bend, Indiana, their <br /> Officers and Agents, shall not incur any liability if <br /> for any reason the proposed issuance of such Bonds is <br /> not consummated. <br /> This Inducement Resolution shall be in full force and <br /> effect from and after its adoption by the Common Council and <br /> approval by the Mayor. <br /> 'e .er of the Con Council <br /> DATED: this day of June, 1985 . <br /> FILED IN CLERK'S OFFICE <br /> JUN 5 1985 <br /> PRESENTED Co 16- 8s IRENE GAMMON <br /> CITY CLERK, SO. BEND, IN <br /> NOT APPROWD <br /> ADOPTED 0-16—�5 <br /> - 4 - <br />
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