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as of January 29, 1991, (collectively, the "Lease "), which Lease was heretofore approved by this <br />Commission, and pursuant to which the Authority leases to the Commission certain land and <br />public improvements located thereon in the Airport Economic Development Area (the "Project "); <br />and <br />WHEREAS, the Commission has approved and authorized the execution of an <br />addendum to the Lease (the "Addendum ") to reflect lower rental payments under the Lease; and <br />WHEREAS, the Commission, by Resolution No. 968, adopted at a meeting on <br />December 21, 1990, established certain funds and accounts for the payment of the rentals owed <br />by the Commission pursuant to said Lease (the "Pledge Resolution ") <br />NOW, THEREFORE, BE IT RESOLVED, by this South Bend Redevelopment <br />Commission as follows: <br />Section 1. The Commission hereby covenants and agrees to keep and maintain <br />those funds and accounts created by the Pledge Resolution, such funds and accounts consisting <br />of a Redevelopment District Bond Fund and an Airport Economic Development Area Public <br />Improvement Project Principal and Interest Account (the "Principal and Interest Account ") and <br />such other accounts as the Commission may from time to time establish to pay the rentals owed <br />by the Commission pursuant to the Lease as amended by the Addendum. <br />Section 2. The Commission hereby acknowledges and restates its obligation <br />pursuant to the Pledge Resolution to levy in each calendar year a special tax upon all of the <br />taxable property in the City of South Bend Redevelopment District in a total amount sufficient, <br />together with all other funds in the Principal and Interest Account deposited into such account <br />from any other sources (other than such special taxes) during the previous twelve (12) calendar <br />months prior to August 1 of such calendar year, to pay all lease rental payments payable in the <br />