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674
CITY-OF-BATESVILLE
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4/30/2019 1:37:16 PM
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8/22/2018 9:48:15 AM
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of the Construction Fund have been paid and discharged. As provided <br />in Section 105 of the Batesville Rubber Company Lease, the total obli- <br />gations of the City and the County for the payment of "Construction <br />Cost" is $1,300,000. Aoneys in the Construction Fund will be in- <br />vested, as provided in Article VII hereof, and it is understood that <br />the obligations of the City and County for "Construction Cost" shall <br />not be increased by virtue of earnings on such investments or reduced <br />by virtue of any losses resulting from such investments. Any such <br />earnings not used in payment of "Lessor's expenses and costs" shall, <br />along with any remaining balance in the Construction Fund, be de- <br />pr,sited in the Bond Fund after certification of completion of the <br />_� ject as above set forth. <br />
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