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"Century Center Bonds" and collectively, with the Hall Bonds, the 'Bonds "), the proceeds of <br />which will be used to currently refund the South Bend Redevelopment Authority Lease Rental <br />Revenue Refunding and Improvement Bonds of 2001 (Century Center Project) (the "2001 <br />Bonds" and together with the 2000 Bonds, collectively, the "Prior Bonds "), and to pay the costs <br />of issuance of the Century Center Bonds; and <br />WHEREAS, the Authority previously entered into a lease between the Authority <br />and the Commission dated as of November 1, 1993, which lease was amended by the Addendum <br />to Lease dated as of June 3, 1994, as amended by the Second Addendum to Lease dated as of <br />July 1, 1994, and as further amended by the Third Addendum to Lease dated as of <br />November 17, 2000 (collectively, the "Lease "), which Lease was heretofore approved by this <br />Commission, and pursuant to which the Authority leases to the Commission certain local public <br />luimprovements, namely the College Football Hall of Fame and the Century Center and related <br />improvements; and <br />WHEREAS, the Commission anticipates it will be necessary to enter into an one <br />or more addenda to the Lease following the sale of the Bonds to reflect changed rental payments <br />due under the Lease and to make certain other changes to the Lease; and <br />WHEREAS, the Commission, by Resolution No. 1834 adopted at a meeting on <br />April 16, 2001, established certain funds and accounts for the payment of the rentals owed by the <br />Commission pursuant to said Lease (the "Century Center Pledge Resolution "); and <br />WHEREAS, the Commission, by Resolution No. 1784 adopted at a meeting on <br />July 21, 2000, established certain funds and account for the payment of the rental owed by the <br />Commission pursuant to said Lease (the "Hall of Fame Pledge Resolution" and together with the <br />C11 Century Center Pledge Resolution collectively, the "Pledge Resolutions "); <br />BDDBOI 6649917v1 - 2 - <br />