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South Bend: <br />Special Mee <br />2. NEW BUS <br />C. con <br />the <br />of <br />and <br />and <br />bony <br />Upa <br />Mr. <br />Corn <br />pre <br />Berg <br />the <br />bore <br />to ] <br />acq <br />Stun <br />,d. C om <br />elopment Commission <br />- December 27, 1989 <br />evelopment district, not the City <br />h Bend, the bonds shall be payable <br />y in amounts not to exceed <br />one years, and the interest cannot <br />twelve percent per year. It also <br />.the Secretary to post and publish <br />of the filing of the petition <br />ing issuance of the bonds and <br />of the determination of the <br />ion to issue the bonds. <br />Kolata noted the the twelve percent <br />wenty -one years are maximum limits <br />he interest rate and term of the <br />issue could be less. <br />a motion by Mr. Donoho, seconded by <br />tabs and unanimously carried, the <br />.scion approved Resolution No. 903, a <br />minary bond resolution of the South <br />Redevelopment Commission authorizing <br />.ssuance of redevelopment district <br />for the purpose of procuring funds <br />.y for the cost of property <br />sition and redevelopment in the <br />baker Corridor Development Area. <br />tion by Mr. Ccanbs, seconded by <br />o and unanimously carried, the <br />n authorized the publication of <br />Z etition for Issuance of Bonds <br />29, 1989 and posting of the <br />three public places in the <br />on December 29, 1989. <br />-5- <br />..•� • W 9 '*�*- Q*-1J • / �. • <br />camssION AUTHORIZED THE <br />PUBLICATION OF NOTICE OF PETITION <br />FOR ISSUANCE OF BONDS ON DECEMBER <br />29, 1989 AND POSTING OF THE <br />NC ITICE IN '1= PUBLIC PLACES IN <br />THE DISTRICT ON DECEMBER 29, 1989 <br />