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on the first day of , 19_, and to pay interest thereon from <br />the date hereof until the principal is paid, at the rate of per cent ( %) <br />per annum, ,payable on the first day of December, 1967, and semi. - annually thereafter <br />on the first days of June and December in each year, upon presentation and <br />surrender of the annexed coupons as they severally become due. <br />Both principal and interest of this bond are payable in lawful money of <br />the United States of America at the First Bank and Trust Company of South Bend, <br />South Bend, Indiana. <br />This bond is one of an authorized issue of three hundred (300) bonds <br />of the City of South Bend, Indiana, of like date, denomination, tenor and <br />effect, except as to dates of maturity, aggregating One Million Five Hundred <br />Thousand Dollars ($1,500,000), numbered consecutively from 1 to 300, inclusive, <br />issued for the purpose of providing funds for the cost of acquisition of land, <br />easements and rights -of -way and the construction thereon of major arterial streets <br />to extend the inner belt street system; for the construction and equipping or the <br />remodeling and equipping of a building for use as a fire station and the acquisi- <br />tion, improvement and landscaping of any land necessary as a site therefor; <br />construction of sewers; construction, reconstruction and improving of streets; and <br />the engineering, architectural, appraisal, abstracting, title insurance and legal <br />fees and expenses incidental thereto and the expenses and legal fees incidental <br />to the issuance of bonds therefor, pursuant to an ordinance adopted by the Common <br />Council of said City on the day of , 1966 entitled "An Ordinance <br />of the City of South Bend, Indiana authorizing the issuance and sale of bonds of <br />said City in order to provide funds for the cost of acquisition of land, easements <br />and rights -of -way and the construction thereon of major arterial streets to extend <br />the inner belt street system; for the construction and equipping or the remodeling <br />and equipping of a building for use as a fire station and the acquisition, improve- <br />ment and landscaping of any land necessary as a site therefor; construction of <br />sewers; construction, reconstruction and improving of streets; and the engineering, <br />architectural, appraisal, abstracting, title insurance and legal fees and expenses <br />incidental thereto and the expenses and legal fees incidental to the issuance of <br />said bonds ", and an act of the General Assembly of the State of Indiana entitled <br />"An Act concerning municipal corporations ", approved March 6, 1905, and all acts <br />amendatory thereof and supplemental thereto, including Chapter 119 of the Acts of <br />1937, as amended. <br />It is hereby certified and recited that all acts, conditions, and things <br />required to be done .precedent to and in the execution, issuance and delivery of <br />this bond have been done and performed in regular and due form as provided by <br />law; that this bond and said total issue of bonds is within every limit of <br />indebtedness prescribed by the constitution and laws of the State of Indiana, <br />and that the full faith and credit of the City of South Bend, together with all <br />of its taxable property, both real and .personal, are hereby irrevocably pledged <br />to the punctual .payment of the principal and interest of this bond according to <br />its terms. <br />IN WITNESS WHEREOF, the City of South Bend, St. Joseph County, Indiana, <br />by ordinance of its Common Council has caused this bond to be signed in its <br />corporate name by its Mayor, countersigned by its City Controller, its corporate <br />seal to be hereunto affixed and attested by its City Clerk, and the interest <br />coupons hereto attached to be executed by placing thereon the facsimile signature <br />of said City Controller as of the first day of , 1967. <br />ATTEST: <br />City Clerk <br />-4- <br />THE CIT7 SO TH BEN�DD,,� IND A <br />B L/ ' <br />Mayor <br />Counter igned: <br />ty Controller <br />