Creating a body coroporate and politic to be known as the South Bend Civic Center Building Authority

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RESOLUTION NO. RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND CREATING A BODY CORPORATE AND POLITIC TO BE KNOWN AS THE SOUTH BEND CIVIC CENTER BUILDING AUTHORITY WHEREAS, the City of South Bend, Indiana, pursuant to the recently enacted provisions of Indiana Code 1971 19 -7- 18.5 -1, has the authority to create by the adopting of an appropriate resolution, an authority for the purpose of financing, acquiring, constructing, equipping and leasing to the City of South Bend, land and a building or buildings for civic purposes; and WHEREAS, it is deemed to be in the best interests of the City of South Bend, and advisable for said City to establish such an authority for the financing, acquiring, constructing, equipping and leasing to the City of South Bend, land and a building or buildings, for civic purposes. NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of South Bend, as follows: Section I. That there is hereby created pursuant to the provisions of the Indiana Code 1971, 19 -7- 18.5 -1, an authority for the purpose of financing, acquiring, constructing, equipping, and leasing to the City of South Bend, land and a building or buildings, for civic purposes. Section II. That such authority created herein shall be a body corporate and politic, and shall be known as the "South Bend Civic Center Building Authority ". Section III. That the Clerk of the City of South Bend is directed to file forthwith a certified copy of this Resolution with the Judge of the St. Joseph County Circuit Court as provided for by Indiana Code 1971, 19 -7- 18.5 -1. Section IV. This Resolution shall be in full force and effect from and after its passage by the Common Council and its approval by the Mayor of the City of South Bend, Indiana. PRESENTED A/ - -7 - -7 S NOT APPROVED ADOPTED Member of the Common Council FILED IN CLERK'S CHIDE �rr •il K e� tv it) Irene Gammon CITY CLERK, SOUTH BEND, IND.