Resolution No. 174 Appointment of a Trustee for the South Bend Redevelopment Authority Lease Rental Revenue Refunding Bonds

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CWHEREAS, the Authority approved and adopted its Resolution No. 173, on May 18, 2011, which authorized the issuance and sale of its lease rental revenue refunding bonds pursuant to I.C. 36-7-14.5-19 and I.C. 5-1-5 in two (2) series to be known as (i) the "South Bend Redevelopment Authority Taxable Lease Rental Revenue Refunding Bonds, Series 2011 A (College Football Hall of Fame Project)" (the "Hall Bonds") in an aggregate principal amount not to exceed Eight Million Six Hundred Thousand and 00/100 Dollars ($8,600,000.00) and (ii) the "South Bend Redevelopment Authority Lease Rental Revenue Refunding Bonds, Series 2011 B (Century Center Project)" (the "Century Center Bonds" and together with the Hall Bonds, the "Bonds") in an aggregate principal amount not to exceed Three Million Eight Hundred Thousand and 00/100 Dollars ($3,800,000), the proceeds of each of the series are to be used to refund all or a portion of the Refunded Bonds and to pay the cost of issuance of the Bonds; and WHEREAS, the Authority desires to appoint U.S. Bank National Association as trustee for the Bonds; NOW, THEREFORE, BE IT RESOLVED, by the South Bend Redevelopment Authority as follows: Section 1. U.S. Bank National Association is hereby appointed as trustee (the "Trustee") for the Bonds. Section 2. The Authority hereby authorizes the President, Vice-President and/or the Secretary-Treasurer of the Authority to execute and attest, respectively, a supplement to the 2000 Trust Agreement (the "Hall of Fame Supplemental Trust Agreement"), by and between the Authority and the Trustee, in such form as approved by the President, Vice- President and/or Secretary-Treasurer, or any other officer of the Authority, such approval to be conclusively evidenced by such authorized execution and attestation of the Hall of Fame Supplemental Trust Agreement. Section 3. The Authority hereby authorizes the President, Vice-President and/or the Secretary-Treasurer of the Authority to execute and attest, respectively, a supplement to the 2001 Trust Agreement (the "Century Center Supplemental Trust Agreement"), by and between the Authority and the Trustee, in such form as approved by the President, Vice- President and/or Secretary-Treasurer, or any other officer of the Authority, such approval to be conclusively evidenced by such authorized execution and attestation of the Century Center Supplemental Trust Agreement. Section 4. This Resolution shall be in full force and effect after its adoption by the Authority. C - 2 - BDDBOI 6786868v1