HomeMy WebLinkAboutNo. 0048 authorizing the city controller to notify successful bidder on preliminary loan note No. 2 to be sold July 24, 1962c.4
RESOLUTION NO. 48
U
Executive Director called the attention of the Commis -
n to the fact than an advertisement had been placed in
Bond Buyer, offering for sale preliminary loan notes,
Series, A, in the principal amount of $1,375,000, guar -
eed by the United States Government, These advertise -
ts called for sealed bids to be opened on July 24, 1962,
P.M., Central Daylight Time, in the presence of the City
troller, Mr. Edwin L. Davies.
. Sucher stated that under the procedure outlined by the
FA, the City Controller would notify the successful bid -
r on the preliminary loan notes, after first securing
proval of the HHFA.
motion made by Mr. Koezan, seconded by Mr. Williams,
. unanimously carried, the following resolution was
RESOLVED that the City Controller be
and is hereby authorized to notify
the successful bidder or bidders on
the preliminary loan notes to be sold
on July 24, 1962.
pted at the regular meeting of the South Bend Redevelop -
t Commission held on July 19, 1962, at the office. of the
mission, 129 West Colfax Avenue, South Bend, Indiana
James G. Louis, President
South Bend Redevelopment Commission
ATTEST:
tary