Finding and adjudging the refinancing of facilities for Ironwood Partnership

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which the facilities will be located, and has received favorable reports from each of them; and WHEREAS, the Commission held a public hearing on the proposed refinancing of such facilities on March 8 , 1974 , after giving the required notice as provided for in Section 14 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 provisions 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 Ironwood Partnership, 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 Ironwood Partnership, 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 Councilman Passed and adopted by the Common Council of the City of South Bend, Indiana, on the a day of 1974 . Attest: President of PunciI City Clerk