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RESOLUTION NO. 1105' <br />RESOLUTION OF THE SOUTH BEND REDEVELOPMENT <br />COMMISSION APPROPRIATING THE PROCEEDS (INCLUDING <br />INVESTMENT EARNINGS THEREON) OF THE SOUTH BEND <br />REDEVELOPMENT DISTRICT BONDS TO BE APPLIED TO THE <br />COST OF PROPERTY ACQUISITION, REDEVELOPMENT AND <br />ECONOMIC DEVELOPMENT IN OR SERVING THE <br />SAMPLE/EWING DEVELOPMENT AREA <br />WHEREAS, the South Bend Redevelopment Commission (the "Commission "), <br />on August 16, 2002, adopted its Resolution No. 1 q yN entitled "A BOND RESOLUTION <br />OF THE SOUTH BEND REDEVELOPMENT COMMISSION AUTHORIZING THE <br />ISSUANCE OF BONDS OF THE SOUTH BEND REDEVELOPMENT DISTRICT FOR THE <br />PURPOSE OF RAISING MONEY FOR REDEVELOPMENT AND ECONOMIC <br />DEVELOPMENT IN THE SAMPLE/EWING DEVELOPMENT AREA" (the 'Bond <br />Resolution "), the provisions of which Bond Resolution are hereby included herein by this <br />reference thereto, determined to issue special taxing district bonds of the South Bend <br />Redevelopment District (the "District ") payable from taxes on real and depreciable personal <br />property located in the Sample/Ewing Economic Development Area (the "Area ") and taxes on <br />the depreciable personal property of certain taxpayers to be identified as "designated taxpayers" <br />for purposes of Section 39.3 of the Act allocated and deposited in the Sample/Ewing Allocation <br />Fund (the "Allocation Fund ") pursuant to IC 36- 7- 14 -39, proceeds from the sale or leasing of <br />property in the Area, under IC 36- 7 -14 -22 deposited in the Allocation Fund as required by IC 36- <br />7 -14 -26 (the "Tax Increment "), such other revenues that may be made available to the <br />Commission for such purpose, and to the extent the Tax Increment and such other revenues are <br />SBIMAN 1 1306141 <br />