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BE IT FURTHER RESOLVED, that any costs or expenses incurred in connection <br />with the William G. York and Gloria J. York Project shall be included in the <br />project costs and reimbursed from the proceeds of the Economic Development <br />Revenue Bonds to be issued with respect thereto; and <br />BE IT FURTHER RESOLVED, that the liability and obligation of the South Bend <br />Economic Development Commission and the City of South Bend, Indiana, shall be <br />limited solely to the good faith efforts to consummate such proceedings and <br />issue such Bonds, and neither the South Bend Economic Development Commission nor <br />the City of South Bend, Indiana, or its officers or agents, shall incur any <br />liability if for any reason the proposed issuance of such Bonds is not <br />consummated. <br />This Inducement Resolution shall be in full force and effect from and after <br />its adoption by the Common Council and approval by the Mayor. <br />PRESENTED -" 0 cV % —,f 0 <br />NOT APPROVED <br />ADOPTED / /9 a) -o?) <br />Member of the Common Council <br />F I I E9 III CI -E]I'S 0 F F I C E <br />0C T 1980 <br />Irene Gammon <br />CITY CLERK, SOUTH BEND, IND. <br />