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Authorizing the Issuance of Revenue Bonds re: improvements to the Waterworks, not to exceed Twenty-Two Million Five hundred thousand dollars (22,500,000); including the issuance of notes in anticipation of Bonds.
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Authorizing the Issuance of Revenue Bonds re: improvements to the Waterworks, not to exceed Twenty-Two Million Five hundred thousand dollars (22,500,000); including the issuance of notes in anticipation of Bonds.
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9/24/2009 2:28:11 PM
Creation date
7/27/2009 3:45:48 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
6/23/1997
Ord-Res Number
8801-97
Bill Number
52-97
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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 1997 <br />Interest Maturity Original Authentication <br />at " ~ate_ ~ate_ mate (".IISTp <br />January 1, _` , 1997 <br />REGISTERED OWNER: <br />PRINCIPAL SUM: <br />Dollars ($ ) <br />The City of South Bend, in St. Joseph, County, State of Indiana (the <br />"City"), for value received, hereby promises to pay to the Registered Owner set <br />forth above, solely out of the special revenue fund hereinafter referred to, the <br />Principal Sum set forth above on the Maturity Date set forth above (unless this <br />bond be subject to and be called for redemption prior to maturity as hereafter <br />provided), and to pay interest thereon until the Principal Sum shall be fully paid <br />at the Interest Rate per annum specified above from the interest payment date to <br />which interest has been paid next preceding the Authentication Date of this bond <br />unless this bond is authenticated after the fifteenth day of the month preceding the <br />interest payment date (the "Record Date") and on or before such interest payment <br />date in which case it shall bear interest from such interest payment date, or unless <br />this bond is authenticated on or before December 15, 1997, in which case it shall <br />bear interest from the Original Date, which interest is payable semiannually on <br />January 1 and July I of each year, beginning on January 1, 1998. Interest shall be <br />calculated on the basis of a 360-day year comprised of twelve 30-day months. <br />The principal of and premium, if any, on this bond are payable at the <br />principal office of (the "Registrar" or "Paying Agent"), <br />in ,Indiana. All payments of interest on this bond shall be paid by <br />check mailed one business day prior to the interest payment date to the Registered <br />__ <br />Owner as of the Record Date at the address as it appears on the registration books <br />kept by the Registrar or at such other address as is provided to the Paying Agent <br />in writing by the Registered Owner. Each Registered Owner of $1,000,000 or <br />more in principal amount of bonds shall be entitled to receive interest payments by <br />wire transfer by providing written wire instructions to the Paying Agent before the <br />Record Date for any payment. All payments of principal of, and premium, if any, <br />-9- <br />
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