HomeMy WebLinkAboutApproving the Borrowing of $77,500.00 from Bureau of Community Facilities of the Federal Works Agency for a Sewage Disposal PlantORDINANCE No. 3,569
Passed by the Common Council of the City of South Bend,
SRP'" WEER 9th Id m-
�� Citv Clerk
of Common Council
Presented by me to the Mayor of the City of South Bend,
SEPTEMBER 10th
Approved and signed by me SEPTER:SEEP. 10th
Clerk
..i. —
7
ORDINANCE 1 0. 31LI
BE IT ORDAIN by the Common Council of the City of South Bend,
Indiana, that:
1. The City of South Bend be, and the same is hereby, authorized
to borrow from the Bureau of Community Facilities of the Federal Works Agency,
an instrumentality of the United States Government, the amount of X77,500.00
for use only of paying for the preparation of plans and specifications for the
construction of a sewage disposal plant for said City, said borrowing to be
made and the use of said funds to be in accordance with the federal laws and
regulations of the Federal Torks Agency as may relate to such loans.
2. The 14ayor of the City of South Bend be, and he is hereby,
authorized and directed to make and execute such instruments and documents
as may from time to time be required by the Federal ; "Torks Agency, or by any
other instrumentality of the United States Government in connection with the
making of the loan and for any other purposes connected therewith.
3. The City Clerk of the City of South Bend be, and she is hereby,
authorized and directed to make such certification concerning the authority
of the rayor Aridthe passage of this ordinance as may be required.
4. An emergency exists for the obtaining of these funds by the City
of South Bend, Indiana.
5. This ordinance will be in full force and effect from and after
its passage by the Common Council and its approval by the :syor.
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