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RM 11-22-85
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RM 11-22-85
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11/5/2012 3:24:33 PM
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South Bend <br />Regular Me <br />6. NEW BU <br />g. Co <br />Redevelopment Commission <br />ting - November 22, 1985 <br />INESS (Cont.) <br />Ms Schwartz noted that the change says <br />whenever under the terms of the bond <br />recsolution the consent of and notice to any <br />borld owners is required. The consent of and <br />notice to AMBAC, who will provide the <br />municipal bond insurance on the TIF bond <br />is ,sue, is also required. The other change <br />authorizes the appropriate officers of the <br />Corimission to take all actions required to <br />carry out the terms and conditions of the <br />AMOAC bond insurance commitment or to obtain <br />of er bond insurance. <br />Upon a motion made by Mr. Donoho, seconded by <br />Ms Auburn and unanimously carried, the <br />Conraission approved Resolution No. 755 <br />am ding Section 19 and adding Section 20 to <br />Resolution No. 747. <br />Mr. Nimtz noted that the Tax Incremental Bond <br />opening will be held on November 27, 1985 at <br />12:00 noon in the City Controller's office. <br />Th re will be a special meeting of the <br />Co ssion scheduled for this time for <br />an king that may be necessary at that time. <br />7. PROGRE S REPORTS <br />There v�ere no progress reports. <br />8. NEXT COMMISSION MEETING <br />a <br />The eme tings of the Commission for the month <br />of DeCEnber will be held on Friday, December <br />6, and Friday, December 20, 1985 at 10:00 a.m. <br />This is a change from the normal meeting dates <br />of Dec Ember 13 and December 27. <br />There leing no further business to come before <br />the Conmission, Mr. Donoho made a motion that <br />-7- <br />COMMISSION APPROVED <br />RESOLUTION NO. 755 AMENDING <br />SECTION 19 AND ADDING <br />SECTION 20 TO RESOLUTION <br />NO. 747 <br />NEXT COMMISSION MEETING <br />
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