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Authorizing the Issuance and Sale of Bonds
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Authorizing the Issuance and Sale of Bonds
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2/13/2014 3:52:13 PM
Creation date
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
11/14/1966
Ord-Res Number
4899-66
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$ 25,000 on June 1, 1968 <br />25,000 on December 1, 1968 <br />250,000 on June 1, 1969 <br />250,000 on December 1, 1969 <br />250,000 on June 1, 1970 <br />250,000 on December 1, 1970 <br />225,000 on June 1, 1971 <br />Said bonds shall be signed in the name of the City of South Bend, Indiana <br />by the Mayor, countersigned by the City Controller, and attested by the City Clerk <br />who shall affix the seal of the City to each of said bonds. The interest coupons <br />attached to said bonds shall be executed with the facsimile signature of the City <br />Controller and said official, by the countersigning of said bonds, shall adopt <br />as and for his own .proper signature his facsimile signature appearing on said <br />coupons. Said bonds shall, in the hands of bona fide holders, have all of the <br />qualities of negotiable instruments under the laws of the State of Indiana. <br />Section 3. The form and tenor of said bonds and the interest coupons to <br />be attached thereto shall be substantially as follows, to -wit: <br />No. <br />UNITED STATES OF AMERICA <br />State of Indiana County of St. Joseph <br />CITY OF SOUTH BEND <br />MUNICIPAL BOND OF 1967 <br />$5,000 <br />The City of South Bend, County of St. Joseph, Indiana, for value received, <br />hereby acknowledges itself indebted and promises to pay to the bearer hereof the <br />principal amount of <br />FIVE THOUSAND DOLLARS <br />-3- <br />
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