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No. 1126 amending resolution No. 1124 "amending resolution No. 1118 - the issuance of bonds on parity with the COSB redevelopment district tax increment revenue bonds of 1985, 1985, 1988 for the purpose of raising money for redevelopment in the SBCAA
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No. 1126 amending resolution No. 1124 "amending resolution No. 1118 - the issuance of bonds on parity with the COSB redevelopment district tax increment revenue bonds of 1985, 1985, 1988 for the purpose of raising money for redevelopment in the SBCAA
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WHEREAS, the Final Bond Resolution sets forth the terms <br />and conditions for the issuance of the City of South Bend <br />Redevelopment District Tax Increment Revenue Bonds of 1993 in an <br />aggregate principal amount not to exceed Two Million Nine Hundred <br />Thousand and 00 /100 Dollars ($2,900,000.00) (the "Series 1993 <br />Bonds "); and <br />WHEREAS, on December 18, 1992, the Commission adopted and <br />approved Resolution No. 1124 entitled "A RESOLUTION OF THE SOUTH <br />BEND REDEVELOPMENT COMMISSION AMENDING RESOLUTION NO. 1118 ENTITLED <br />'A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION <br />AUTHORIZING THE ISSUANCE OF BONDS ON PARITY WITH THE CITY OF SOUTH <br />BEND REDEVELOPMENT DISTRICT TAX INCREMENT REVENUE BONDS OF 1985, <br />THE CITY OF SOUTH BEND REDEVELOPMENT DISTRICT TAX INCREMENT REVENUE <br />BONDS OF 1986 AND THE CITY OF SOUTH BEND REDEVELOPMENT DISTRICT TAX <br />INCREMENT REVENUE BONDS OF 1988 FOR THE PURPOSE OF RAISING MONEY <br />FOR REDEVELOPMENT IN THE SOUTH BEND CENTRAL ALLOCATION AREA"' (the <br />"Amending Resolution "); and <br />WHEREAS, the Amending Resolution provided certain <br />amendments to the Final Bond Resolution including authorizing the <br />issuance of the City of South Bend Redevelopment District Tax <br />Increment Revenue Bond Anticipation Notes of 1992 in an aggregate <br />principal amount not to exceed Two Million Nine Hundred Thousand <br />and 00/100 Dollars ($2,900,000.00) (the "BANS "); and <br />WHEREAS, the Amending Resolution provides that the <br />interest on the BANs will be payable on February 1 and August 1 <br />until maturity; and <br />E <br />
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