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NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment <br />• Authority as follows: <br />1. The Authority hereby determines to issue its Bonds pursuant toI.C. 36-7-14.5- <br />19 and I.C. 5-1-5 to obtain funds to pay for the costs of the Refunding. <br />2. The Authority hereby establishes its intent, pursuant to I.C. 5-1-14-6, to <br />reimburse itself and the City for preliminary costs and expenses incurred or advanced in financing <br />the Refunding from the proceeds of the Bonds when issued. <br />3. This Resolution shall be in full force and effect from and after its adoption <br />by the Authority. <br />ADOPTED at a meeting of the South Bend Redevelopment Authority held on <br />October 19, 1998, in 1308 County-City Building, 227 West Jefferson, South Bend, Indiana. <br />SOUTH BEND REDEVELOPMENT AUTHORITY <br />arolyn enhauer, re ' ent <br />ATTEST: <br />o Alvarez, Secretary-Try surer <br />• <br />-2- <br />::ODMA\PCDOCS\SBDOCS 1\24202\2 <br />