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No. 1459 authorizing such actions as may be necessary for substitution/replacement of the credit facility for the SBRA variable rate demand lease rental revenue bonds of 1994 (CFHOF project)
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No. 1459 authorizing such actions as may be necessary for substitution/replacement of the credit facility for the SBRA variable rate demand lease rental revenue bonds of 1994 (CFHOF project)
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10/18/2012 2:28:02 PM
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Section 1. The President or Vice - President and Secretary are authorized to <br />approve and execute and attest, respectively, on behalf of the Commission a letter of credit and <br />reimbursement agreement with Landesbank in form and substance acceptable to the President or <br />Vice - President and Secretary with said officers' execution and attestation to be conclusive <br />evidence of their approval. The President or Vice - President and Secretary are further authorized <br />to enter into such certificates or take such other actions as may be necessary to effect the <br />replacement and substitution of the Letter of Credit with an alternate letter of credit issued by <br />Landesbank. <br />Section 2. This Resolution shall be in full force and effect after its adoption <br />by the Commission. <br />ADOPTED at a meeting of the South Bend Redevelopment Commission held on <br />September , 1996, at 1308 County -City Building, 227 West Jefferson Boulevard, South <br />Bend, Indiana 46601. <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />ATTEST: <br />�- <br />/'11V <br />William P. cki, ecretary <br />Paula N. Auburn, President <br />J:\ WPDOCS\ RRROMPOL \STHBIND\HALLOFAM\ALTLOC\LUCOMM .802 <br />-3- <br />
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