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South Bend ] <br />Rescheduled <br />6. <br />f. <br />a <br />is <br />Mr. <br />M1 <br />the <br />i <br />Mrs <br />the <br />ament Commmission <br />Meeting - December 21, 1990 <br />(Cont.) <br />Kolata noted that Resolution No. 968 <br />[entical to Resolution No. 967 except <br />it includes wording for the tax <br />rt status. <br />a motion by Mr. Combs, seconded by <br />ronoho and unanimously carried, the <br />.ssion approved Resolution No. 968 <br />dishing certain funds and accounts <br />rnnection with the Lease dated as of <br />,t 1, 1990 between the South Bend <br />,elopll nt Authority and the South <br />Redevelopment Commission relating to <br />jxport Economic Development Area <br />.c Improvement Project (Tax Exempt <br />rvements) and other related matters. <br />Kolata noted that since the bond <br />has been divided into a taxable <br />and a tax exert bond, the Lease <br />to be revised to reflect wording to <br />effect and to show the payment <br />ule for both bonds. <br />Kolata noted that the Lease states <br />if the lease payments for one bond <br />d discontinue, we would still be <br />ated to make lease payments on the <br />one. Payment dates and amounts for <br />ax exempt bond will be semi- annual <br />I L• I • <br />r ..� alp I • <br />I • : DID INN I AIWi • . KIN <br />• I' • • •� •• •. 1 / �I • ` ICI • ' <br />�11�i i` I I - -• � I� � • ICI• <br />