RM 07-13-90 - Laserfiche WebLink

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South Bend Regular Me 6. NEW BU a. co elcpment Commission - July 13, 1990 (Cont.) The terms of Resolution No. 946 state that the bond may not exceed $950,000, tha the interest rate may not exceed 8 %, tha the bonds may not be outstanding pas August 1, 1997, and that they may be prepaid at any time. Mrs Kolata noted that the staff intends to do a larger tax increment bond issue later this year and would pay this bond off with the proceeds from the larger Mrs ite 1) of in 199 the an was 29, on the the the Kolata asked to enter the following is for public hearing into the record: affidavit from Carol Smith, sified Manager of the South Bend une, stating that the Notice to yers Regarding Determination to e Bonds of the Redevelopment District e City of South Bend was published :hat newspaper on June 29 and July 6, 2) an affidavit of Cherie Jolly, ging Editor of the Tri- County News, ing that the Notice to Taxpayers �zding Determination to Issue Bonds of Redevelopment District of the City of Bend was published in that ,paper on June 29 and July 6, 1990; 3) ffidavit from Carol Smith, Classified ger of the South Bend Tribune, ing that the Notice of Public Hearing the Appropriation of Proceeds published in that newspaper on June 1990; 4) an affidavit from Cherie y, Managing Editor of the Tri- County stating that the Notice of Public ing Concerning the Appropriation of eeds was published in that newspaper une 29, 1990; 5) an affidavit from ha Lantz stating that on June 29, she posted the Notice to Taxpayers rding Determination to Issue Bonds in lobby of the County -City Building, lobby of the County Court House, and lobby of the Public Library on Wayne t; 6) as of 10:00 a.m. 0 written nstrances have been received. -3-