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9937-09 Concerning the Construction of Improvements to the Municipal Waterworks of the City
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9937-09 Concerning the Construction of Improvements to the Municipal Waterworks of the City
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Last modified
12/3/2009 11:50:35 AM
Creation date
6/18/2009 2:16:34 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
6/8/2009
Ord-Res Number
9937-09
Bill Number
36-09
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R- <br />UNITED STATES OF AMERICA <br />STATE OF INDIANA COUNTY OF ST. JOSEPH <br />CITY OF SOUTH BEND, INDIANA <br />WATERWORKS REVENUE BOND OF 20[ ] <br />Interest Maturity Original <br />Rate Date Date <br />[See Exhibit A] , 2009 <br />REGISTERED OWNER: <br />PRINCII'AL SUM: <br />Dollars ($, <br />CUSIP No. <br />The City of South Bend, in St. Joseph, County, State of Indiana (the "City"), for <br />value received, hereby promises to pay to the Registered Owner set forth above, solely <br />out of the special revenue fund hereinafter referred to, the Principal Sum set forth above <br />[, or so much thereof as may be advanced from time to time and be outstanding as <br />evidenced by records of the Registered Owner making payment for this bond, or its <br />assigns,] on [the Maturity Date set forth above] or [ in the years and in <br />the amounts set forth on Exhibit A attached hereto] [(unless this bond be subject to and <br />be called for redemption prior to maturity as hereafter provided)], and to pay interest <br />thereon until the Principal Sum shall be fully paid at the Interest Rate per annum <br />specified above from the interest payment date to which interest has been paid next <br />preceding the Authentication Date of this bond unless this bond is authenticated after the <br />fifteenth day of the month preceding the interest payment date (the "Record Date") and <br />on or before such interest payment date in which case it shall bear interest from such <br />interest payment date, or unless this bond is authenticated on or before , <br />20 , in which case it shall bear interest from the Original Date, which interest is payable <br />semiannually on January 1 and July 1 of each year, beginning on 1, 20 <br />Interest shall be calculated on the basis of a 360-day year comprised of twelve 30-day <br />months. <br />[The principal of and premium, if any, on this bond are payable at the principal <br />office of (the "Registrar" or "Paying Agent"), in <br />Indiana.] All payments of interest on this bond shall be paid by [check <br />mailed one business day prior to the interest payment date] [wire transfer for deposit to a <br />financial institution as directed by the Indiana Finance Authority (the "Authority") on the <br />due date or, if such due date is a day when financial institutions are not open for business, <br />on the business day immediately after such due date] to the Registered Owner as of the <br />Authentication <br />Date <br />2009 <br />-11- <br />
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