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satisfy the obligations of the Commission of such sum pursuant to <br />Section 39(b)(2) of the Act, and that therefore all of the <br />potential captured assessment for the Allocation Area in 1992 shall <br />be treated as captured assessment (as defined in the Regulations). <br />In making this determination, the Commission has considered the <br />effect that the determination will have on the property tax rate in <br />the 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 June 28, 1991, 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: <br />Paula N. Auburn, President <br />ATTEST: <br />Michael Donoho, Secretary <br />Res1001 <br />