Finding and adjudging the refinancing of facilities for R. Lee Fagen d/b/a Fagen Enterprises

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Which the facilities will be located, and has received favorable reports from eaCb of them; and WHEREAS, the commission Tkeeld a public hearing on the proposed refinancing of such facilities on L-, 4/ , 1974, after giving the required notice as provided for in Section 16 of P.L. 182, IC -1973, 18- 6 -4.5,; and WHEREAS, THE COMMISSION at -such meeting by a duly adopted written resolution, incorporated herein by reference, found that the proposed refinancing complies with the purposes and provision: of the Act. and approved such refinancing, including, but not limited to, the forms and terms of the financing agreement consisting of the Lease financing Agreement and Trust Indenture and the Bond; and WHEREAS, THIS COMMON COUNCIL of the City of South Bend, Indiana now finds that the proposed refinancing of such facilities for R. Lee Fagen, d /b /a Fagen Enterprises, will be of benefit to the health or welfare of the City of South Bend, Indiana, and that, accordingly, this resolution should be adopted. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana that: Section 1. Such refinancing for R. Lee Fagen d /b /a Fagen Enterprises, under the Act be and the same is hereby approved. Section 2 . This resolution shall be in full force and effect from and after its passage by the Common Council and approval by the Mayor. PRESENTED BY 4'1 Councilman U \_� Passed and adopte4by the Common Council of the City of South Bend, Indiana, on the iN Attest: City Clerk day of 0 1t;_� , 1974. 's P esident of C unci