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Section 8. The provisions of this Ordinance and the Bond Purchase Agreement shall <br />constitute a contract binding between the City and the holders of the Bonds, and after the issuance <br />of the Bonds, this Ordinance shall not be repealed or amended in any respect which would adversely <br />affect the right of such holders so long as any principal of the Bonds or the interest thereon remains <br />unpaid. <br />Section 9. This Ordinance shall be in full force and effect from and after passage b~~ <br />the Common Council and its approval by the Mayor of the City. <br />COMMON COUNCIL OF THE CITY <br />OF SOUTH BEND, INDIANA <br />By: <br />1 st READING 3- z~R9~ <br />PUi?LiC HEARING <br />3 rd READING 3.~2, 9 <br />NOT APPROVED <br />F.E. ERRED p <br />PASSED 3--~~`~ / AS S UaST IT11T~Q <br />C'e <br />Member of the Common Council <br />ODMA\PCDOCS\SE3DOCS I\33484\6 -[l- <br />-;~,~? 1 ~ 1°99 <br />