No. 0958 a final bond resolution of the SBRC authorizing the issuance of the COSB redevelopment district tax increment revenue bonds of 1990 for purpose of raising money for property acquisition/redevelopment in the AEDA allocation area No. 1

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mail the notice described in this Paragraph No. 20, and any such failure shall not affect the validity of such supplemental resolution when consented to and approved as provided in this Paragraph No. 20. Whenever at any time within one year after the date of the mailing of such notice, the Commission shall receive an instrument or instruments purporting to be executed by the owners of the Bonds of not less than sixty percent (60 %) in aggregate principal amount of the Bonds then outstanding (exclusive of Bonds, if any, owned by the Commission or the City), which instrument or instruments shall refer to the proposed supplemental resolution described in such notice, and shall specifically consent to and approve the adoption thereof in substantially the form of the copy thereof referred to in such notice as on file with the Registrar, thereupon, but not otherwise, the Commission may adopt such supplemental resolution in substantially such form, without liability or responsibility to any owners of the Bonds, whether or not such owner shall have consented thereto. Upon the adoption of any supplemental resolution pursuant to the provisions of this Paragraph No. 20, this Resolution shall be, and be deemed to be, modified and amended in accordance therewith, and the respective rights, duties and obligations under this Resolution shall thereafter be determined, exercised and enforced hereunder, subject in all respects to such modifications and amendments. 21. The appropriate officers are hereby authorized to take all actions required to obtain a rating for the Bonds, if economically feasible and desirable, and to enter into a guaranty agreement with a corporate guarantor for the purpose of further securing the payment of the principal of and interest on the Bonds. ADOPTED AND APPROVED at a meeting of the City of South Bend Redevelopment Commission held on the 31st day of August, 1990, at the office of the Commission, 1200 County -City Building, 227 West Jefferson Boulevard, South Bend, Indiana. CITY OF SOUTH BEND REDEVELOPMENT COMMISSION By: F. Nim z, Pre dent Redev nt Commission Roman Piasecki, Secretary -28- \rlhill \sthbnd\ airport \general \finalbd;lh;August 31, 1990