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Section 2. The Commission, hereby determines, pursuant to the Pledge <br />Resolution, to levy a special tax upon all of the taxable property in the City of South Bend <br />Redevelopment District in a total amount sufficient to pay lease rental payments under the Lease <br />payable in the twelve (12) month period beginning on July 1 of next year. Such taxes shall be <br />deposited in the Hall of Fame Project Principal and Interest Account and such taxes in the Hall of <br />Fame Project Principal and Interest Account shall be irrevocably pledged for the purposes set forth <br />in this Resolution and the Pledge Resolution. <br />Section 3. This Resolution shall be in full force and effect after its adoption by <br />the Commission. <br />ADOPTED at a meeting of the South Bend Redevelopment Commission held on <br />July 21, 2000, in Room 1308, County -City Building, 227 West Jefferson Boulevard, South Bend, <br />Indiana 46601. <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />By: V�� <br />President <br />ATTEST: <br />IP <br />Secretary <br />H:\ HOME \DPERKINS \WPDATA\Resolutions\RES 1784.wpd —3— <br />