No. 1158 authorizing the execution of an agency agreement with the Board of Public Works of the COSB and ratifying certain actions taken in connection therewith

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issuance of City of South Bend Redevelopment District Tax Increment Revenue Bond Anticipation Notes of 1992, in an aggregate principal amount not to exceed $2.9 million; and WHEREAS, at a meeting on January 4, 1993, the Commission adopted Resolution No. 1126, amending said Resolution 1124, to address dates on which interest is payable on the South Bend Redevelopment District Tax Increment Revenue Bond Anticipation Notes of 1992 and to provide that all references to the "City of South Bend Redevelopment District Tax Increment Bond Anticipation Notes of 1992" shall be changed to the "City of South Bend Redevelopment District Tax Increment Revenue Bond Anticipation Notes of 1993" (the "BANs "); and WHEREAS, on December 30, 1992, the BANS were issued to and sold by the Indiana Bond Bank, with closing on the same occurring on January 6, 1993; and WHEREAS, the Authority at a meeting on June 4, 1993, adopted a resolution approving the execution of an Agency Agreement with the Board of Public Works; and WHEREAS, the Commission and the Board of Public Works desire to enter into this Agency Agreement to permit the design, purchase, and construction of the Project pursuant to the terms hereof; and WHEREAS, the Board of Public Works desires to act as the agent of the Commission for the purposes of designing, purchasing, and constructing the Project; NOW, THEREFORE, in consideration of the mutual covenants and promises herein, and for other good and valuable consideration, the -2-