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10-10-11 Council Agenda & Packet
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10-10-11 Council Agenda & Packet
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10/6/2011 9:31:21 AM
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10/6/2011 9:39:15 AM
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City Council - City Clerk
City Council - Document Type
Agendas
City Counci - Date
10/10/2011
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+ � r " <br /> , p <br /> The Mayor and the Controller are hereby expressly authorized to approve any modifications or <br /> additions to the documents constituting the Financing Agreements which take place after the date <br /> of this Ordinance with the review and advice of the Corporation Counsel; it being the express <br /> understanding of this Common Council that the terms of the Financing Agreements are in <br /> substantially final form as of the date of this Ordinance. The approval of said modifications or <br /> additions shall be conclusively evidenced by the execution and attestation thereof and the <br /> aff xing of the seal thereto or the imprinting of the seal thereon; provided,however,that no such <br /> modif cation or addition shall change the maximum issued ainount or maturity amount of, <br /> interest`rate on or term of the Bonds as approved by the Common Council by this Ordinance <br /> without further consideration by the Common CounciL The signatures of the Mayor, Controller <br /> and Clerk on the Bonds may be either manual or facsimile signatures. The Controller is <br /> authorized to arrange for delivery of such Bonds to the bond purchascr named in the Bond <br /> I'urchase and Loan Agreement (including form of Note and Bonds). Payment for the Bonds will <br /> be made to the bond purchaser named in the Bond Purchase and Loan Agreement (including; <br /> form of Bonds. The Bonds shall be originally dated as of the issue date. <br /> Section VIII. The provisions of this Ordinance a�id the Bond Purchase and Loan <br /> Agre�ment (including form of Note and Bonds) securing the Bonds shall constitute a contract <br /> binding between the City and the holders of the Bonds, and after the issuance of the Bonds, this <br /> Ordinailce shall not be repealed or amended in any respect which would adversely affect the <br /> rights of such holders so long as the Bonds or the interest thereon remains unpaid. <br /> Section IX. This Ordinance shall be in full force and effect from and after its passage <br /> and approval by the Mayor. <br /> � �� v`�.�-- ����`�-a,�. <br /> Member, South Bend Common` ouncil <br /> Attest: <br /> ;�„� •-3` 2 •.«. �,*.�, � <br /> �:�►:ii���S�i�`rsa:,i'�i:� ��;?..�'�e�;�""i�E'<:�:,;w� <br /> /L �! � �.q "2;F`•"'':ry ""+" �R ,{� <br /> V�13",`(�jir�riti§�� i':Ja� � s.:Tz`s':) �3�i7:,i�':f� i�M <br /> i" <br /> City Clerk ' �..� � <br /> CGUiti��C��������st:�.:��. <br /> Presented by me to the Mayor of the City of South Bend on the day <br /> of ,201 l, at o'clock .m. <br /> City Clerk <br /> Approved and signed by me on the day of , 2011 at <br /> o'clock .m. ' <br /> � �"Lse�1 !; i� V�a'�i.e fl"e s:a^�,e,e�A 8 Y.'3A�'o <br /> Mayor, City of South Bend <br /> READING -- <br /> 3LIC HFARING ��� `� � �r 1� <br /> I READING 4�� <br /> T APPRQV�DBOI 6888568v2 -3 - <br /> iRRED, ,,t. � Y- r%' '--,. <br /> . �e.�' s�.��s�;......�. <br /> S.ED �!��,::i.z.t„,,:����:!��:.�'t.�,tu'd <br /> _. _ .._..,..,��..a.�.....��,..�,._.. <br />
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