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NOW, THEREFORE BE IT RESOLVED by the South Bend Redevelopment <br />Commission, as follows: <br />1. The Commission hereby establishes its intent to issue the <br />Bonds, pursuant to IC 36 -7 -14 -25.1, for the purpose of financing <br />the Project Expenses. <br />2. The Commission hereby establishes its intent, pursuant <br />to IC 5- 1 -14 -6, that the Commission and the City be reimbursed for <br />any Project Expenses incurred by the Commission or incurred or <br />advanced by the City on behalf of the Commission prior to the <br />issuance of the Bonds and relating to the Project from the proceeds <br />of the Bonds to be issued by the Commission. <br />3. This Resolution shall be in full force and effect after <br />its adoption by the Commission. <br />ADOPTED at a regular meeting of the South Bend Redevelopment <br />Commission held on the 18th day of September, 1992, <br />1308 County -City Building, 227 West Jefferson Boulevard, South <br />Bend, Indiana, 46601. <br />CITY SOUTH BEND REDEVELOPMENT COMMISSION <br />Bv• <br />Paula N. Auburn, President <br />A EST: <br />Michael Donoho, Secretary <br />rrrompola\ sthbe nd \hallofame \rcfinanc.ing \resolut ion \lu- reimbu.rc ;drf;9 \17 \92 <br />3 <br />