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"Century Center Bonds" and collectively, with the Hall Bonds, the 'Bonds "), the proceeds of which will be used to currently refund the South Bend Redevelopment Authority Lease Rental Revenue Refunding and Improvement Bonds of 2001 (Century Center Project) (the "2001 Bonds" and together with the 2000 Bonds, collectively, the "Prior Bonds "), and to pay the costs of issuance of the Century Center Bonds; and WHEREAS, the Authority previously entered into a lease between the Authority and the Commission dated as of November 1, 1993, which lease was amended by the Addendum to Lease dated as of June 3, 1994, as amended by the Second Addendum to Lease dated as of July 1, 1994, and as further amended by the Third Addendum to Lease dated as of November 17, 2000 (collectively, the "Lease "), which Lease was heretofore approved by this Commission, and pursuant to which the Authority leases to the Commission certain local public improvements, namely the College Football Hall of Fame and the Century Center and related improvements; and WHEREAS, the Commission anticipates it will be necessary to enter into an one or more addenda to the Lease following the sale of the Bonds to reflect changed rental payments due under the Lease and to make certain other changes to the Lease; and WHEREAS, the Commission, by Resolution No. 1834 adopted at a meeting on April 16, 2001, established certain funds and accounts for the payment of the rentals owed by the Commission pursuant to said Lease (the "Century Center Pledge Resolution "); and WHEREAS, the Commission, by Resolution No, 1784 adopted at a meeting on July 21, 2000, established certain funds and account for the payment of the rental owed by the Commission pursuant to said Lease (the "Hall of Fame Pledge Resolution" and together with the Century Center Pledge Resolution collectively, the 'Pledge Resolutions "); BDDBOI 6649917v1 - 2 -