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satisfy the obligations of the Commission over the term or terms of <br />those obligations, and that therefore all of the potential captured <br />assessment for the Allocation Area in 1994 shall be treated as <br />captured assessment (as defined in the Regulations). In making <br />this determination, the Commission has considered the effect that <br />the determination will have on the property tax rate in the <br />Redevelopment District. <br />3. Any one of the President, Vice President and Secretary of <br />the Commission is hereby authorized and directed to immediately <br />notify the St. Joseph County Auditor of the determination made <br />herein by the Commission. <br />ADOPTED at a meeting of the South Bend Redevelopment Commission <br />held on July 2, 1993, at the Office of the Commission, located at <br />1200 County -City Building, 227 West Jefferson Boulevard, South <br />Bend, Indiana 46601. <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />BY: LL:st-L 1 - ILL�� Paula N. Auburn, President <br />ATTEST: <br />Theo F. Sha , Secret <br />Res1177 <br />