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S <br />1. The Commission hereby declares its official intent, pursuant to <br />I.C. 5-1-14-6(b) and 1.150 -2 of the Treasury Regulations, that costs incurred b or on behalf of the <br />�) § m'Y g Y <br />Commission in financing the Project be reimbursed from the proceeds of the Bonds when and if <br />issued. <br />2. This resolution shall be in full force and effect from and after its adoption <br />by the Commission. <br />ADOPTED at a meeting of the South Bend Redevelopment Commission held on <br />April 17 2003, at 1308 County -City Building, 227 West Jefferson Boulevard, South Bend, Indiana <br />:�11 <br />1H <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />By: <br />Robert W. Hunt, President <br />ATTEST: <br />Marcia I. Jones, Vice President <br />SBIMAN 1 149230v 1 <br />-2- <br />