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" • .. �, � .� .. <br /> ; , ,_ . . <br /> sole and only purpose of paying principal of and interest on said <br /> bonds when and as same become due. That the funds derived from the <br /> sale of said bonds be and they are hereby appropriated and set aside <br /> for the purpose hereinbefore set out. <br /> Section 8. Tha,t forthwith after this ordinance has <br /> become effective as provided by law, the bonds herein authorized <br /> shall be executed and delivered to the Treasurer of said City and be <br /> by him delivere� to The First National Bank of Chicago , <br /> in the City af _ Chica�o , Illinois, and Associat�s, the pur- <br /> chasers thereof, upon receipt of the purchase pr3.ce therefor, tile <br /> same to be not less tha,n the par value of said bonds plus accrued <br /> interest to date of delivery and a premium of $ 7,35�+.19 , contract <br /> for the sale of said bonds to said purchaser, heretofore entered into, <br /> be and the same is hereby in all respects ratified, approved and <br /> confirmed. <br /> Section 9. That all ordinances, resolutions and orders <br /> or parts thereof, in confl3ct herewith, be and the same are hereby <br /> repealed and this ordinance shall be in full force and effect upon <br /> its passage and publication as , rovided by law. <br /> PRESENTED, PASSED, A�PROVED 8c -RECORDED this 23rd day of <br /> Nove rrber, 1970• SIG o <br /> ;1/'�,,�1/ , <br /> Mayor � <br /> ATTESTe <br /> � � .. ^ j .l , <br /> ,\\ _ � `�y $ `�.f / *1 <br /> �� ..z. i�y�le���J -�� — <br /> -9- <br />