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No. 1199 authorizing the execution of a lease for certain public improvements on behalf of the COSB and regarding other related matters
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No. 1199 authorizing the execution of a lease for certain public improvements on behalf of the COSB and regarding other related matters
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RESOLUTION NO. 1199 <br />RESOLUTION OF THE SOUTH BEND REDEVELOPMENT <br />COMMISSION AUTHORIZING THE EXECUTION OF <br />A LEASE FOR CERTAIN PUBLIC <br />IMPROVEMENTS ON BEHALF OF THE CITY OF <br />SOUTH BEND AND REGARDING OTHER RELATED MATTERS <br />WHEREAS, the South Bend Redevelopment Authority (the <br />"Authority ") has been created pursuant to IC 36 -7 -14.5 as a <br />separate body, corporate and politic, and as an instrumentality of <br />the City of South Bend to finance local public improvements for <br />lease to the South Bend Redevelopment Commission (the <br />"Commission "); and <br />WHEREAS, the Authority on November 4, 1993, adopted a <br />resolution indicating its intent to issue its South Bend <br />Redevelopment Authority lease rental revenue bonds for the purposes <br />of obtaining money for the cost of constructing and equipping the <br />College Football Hall of Fame (the "Hall of Fame Portion ") , the <br />acquisition and construction of improvements to and expansion of <br />the Century Center (the "Century Center Portion ") and expenses <br />related thereto (collectively, the "Project ") pursuant to IC 36- <br />7- 14.5 -19 and approving a proposed lease between the Authority and <br />the Commission for the Project and filed a copy of the proposed <br />lease with the Commission; and <br />WHEREAS, on November 5, 1993, the Commission approved the <br />proposed lease, scheduled a public hearing on the lease to be held <br />on November 15, 1993, at 4:00 p.m. (local time), at 1308 County - <br />City Building, and authorized the publication of a notice of public <br />hearing on the lease pursuant to IC 5 -3 -1; and <br />
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