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an amount not to exceed $35, 000, 000. 00 for the purpose of making <br /> a loan to the Borrower to provide financing for the acquisition, <br /> construction and improvement of the Project. <br /> Section 3. To induce the Borrower to acquire, construct and <br /> improve the Project, the Common Council shall cooperate with and <br /> take such action as may be necessary in the drafting of documents <br /> or the performance of such other acts as will facilitate the <br /> issuance of the Bonds by the City to provide funds to be used <br /> toward the payment of the costs of acquiring, constructing and <br /> improving such Project. <br /> Section 4. Any costs or expenses incurred in connection <br /> with the Project shall be included in the Project costs and <br /> reimbursed either from the proceeds of the Bonds to be issued <br /> with respect thereto or from payments by other parties to the <br /> financing. <br /> Section 5. The liability and obligation of the City and its <br /> Common Council shall be limited solely to good-faith efforts to <br /> consummate such proceedings and issue the Bonds, and neither the <br /> City nor its Common Council, nor their officers Or agents , shall <br /> incur any liability whatsoever if for any reason the proposed <br /> issuance of the Bonds is not consummated. <br /> Section 6. This Resolution shall be in full force and <br /> effect from and after its passage by the Common Council of the <br /> City of South Bend, Indiana, and approval by the Mayor. <br /> 4ember of the Q.mmon Council <br /> PRESENTED a- gS <br /> NOT APPROVED <br /> ADOPTED S-a 8- ? ST CCd anu/I.0 ie4 <br />