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BE IT FURTHER RESOLVED, that any costs or expenses incurred in connection <br />with the Thomas and Jane Kinnucan Project shall be included in the project <br />costs and reimbursed from the proceeds of the Economic Development Revenue Bonds <br />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 />ja <br />If— T <br />NOT APPRM- W <br />Member of the Common Council <br />FILED IN CLE 1 OFFICE <br />APR -� 1980 <br />Irene Gammon <br />CITY CLERK, SOUTH BEND,IND. <br />