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No. 0780 amending section 7 of and adding section 23 and 24 to Res. No. 775 of the COSBRC
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No. 0780 amending section 7 of and adding section 23 and 24 to Res. No. 775 of the COSBRC
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RESOLUTION NO. 7ro <br />A RESOLUTION AMENDING SECTION 7 OF AND ADDING <br />SECTIONS 23 AND 24 TO RESOLUTION NO. 775 OF THE <br />CITY OF SOUTH BEND REDEVELOPMENT COMMISSION <br />WHEREAS, on May 23, 1986, the South Bend <br />Redevelopment Commission (the "Commission ") adopted <br />Resolution No. 775, authorizing the issuance of the City of <br />South Bend Redevelopment District Tax Increment Revenue <br />Bonds of 1986 (the "Series 1936 Bonds ") in the amount of Two <br />Million Five Hundred Sixty Five Thousand ,Dollars <br />($2,565,000) to finance ,.property acquisition and <br />redevelopment in the South Bend Central Allocation Area <br />(South Bend Allocation Area No. 1A), which boundaries are <br />coterminous with the South Bend Central Development Area; <br />and <br />WHEREAS, on July 11, 1986, the Commission adopted <br />Resolution No. 779, amending Resolution No. 775 and reducing <br />the amount of the Series 1986 Bonds authorized to One <br />Million Seven Hundred Fifty Thousand Dollars ($1,750,000); <br />and <br />WHEREAS, certain additional amendments to <br />Resolution No. 775 are necessary. <br />NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND <br />REDEVELOPMENT COMMISSION, as follows: <br />- 1 - <br />
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