1998-10-19 Resolution 130 - Laserfiche WebLink

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.~ .. • consistent with the maturity schedule for the Bonds set forth herein (subject to change as provided herein). Official notice of such redemption shall be given pursuant to the terms and conditions of the Trust Agreement. Any person interested in submitting a bid for the Bonds must furnish in writing to the Authority, % Crowe, Chizek and Company LLP, 2000 Market Tower, 10 West Market Street, Indianapolis, Indiana 46204-2976, telephone (317) 269-6680, facsimile (317)_ 635-6127, on or before 4:00 p.m. (EST), November 6, 1998, the person's name, address and telephone number. The person may also furnish a telex or facsimile number. The undersigned Secretary-Treasurer will cause each person so registered to be notified of the date and time bids will be received not less than 24 hours before the date and time of sale. The notification shall be made by telephone at the number furnished by such person and also by telex or facsimile if a telex or facsimile number has been • furnished. Each bid must be for all of the Bonds and must state the rate or rates of interest therefor, not exceeding seven percent (7.0%) per annum. All bids for the Bonds shall be sealed in an envelope marked "Bid for South Bend Redevelopment Authority Lease Rental Revenue Refunding Bonds of 1998 (Blackthorn Golf Course Project)," and shall be presented to the Authority at the principal office of the Authority, and the Authority shall continue to receive all bids offered until the hour fixed for the sale of the Bonds, at which time and place each of such bids shall be opened and considered. Bidders for the Bonds shall be required to name the rate or rates of interest which the Bonds are to bear, not exceeding seven percent (7.0%) per annum. Such interest rate or rates must be multiples of one-eighth (1/8) or one-twentieth (1/20) of one percent (1.0%). The interest rate on Bonds of a given maturity must be at least as great as the interest rate on Bonds of the preceding maturity. Bids specifying more than one interest rate must also specify the maturit Y -4- ::ODMAU'CDOCS\SBDOCS 1 \243 81 \ 1