1998-10-19 Resolution 130 - Laserfiche WebLink

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• EXHIBIT C NOTICE OF INVESTMENT IN UNITED STATES TREASURY CERTIFICATES -- STATE AND LOCAL GOVERNMENT SERIES Notice is hereby given to the holders of the "South Bend Redevelopment Authority Lease Rental Revenue Bonds (Blackthorn Golf Course Project)" dated October 1, 1992 (the "Refunded Bonds"), that the South Bend Redevelopment Authority in South Bend, Indiana (the "Authority"), adopted Resolution No. entitled "Resolution of the South Bend Redevelopment Authority Authorizing the Issuance of the South Bend Redevelopment Authority Lease Rental Revenue Refunding Bonds of 1998, (Blackthorn Golf Course Project) and Other Related Matters" on October 19, 1998,(the "Refunding Bond Resolution"), by which Refunding -- Bond Resolution the Authority authorized the issuance of bonds designated as "South Bend Redevelopment Authority Lease Rental Revenue Refunding Bonds of 1998 (Blackthorn Golf Course Project)" (the "Refunding Bonds"). The proceeds of the Refunding Bonds are to be used to advance refund the Refunded Bonds. Pursuant to an Irrevocable Escrow Deposit Agreement entered into by and between the Authority and Norwest Bank Indiana, N.A., as Escrow Trustee (the "Escrow Trustee") and dated as of November 1, 1998, the Authority has directed the Escrow Agent to provide such notice or notices of redemption as required by the Trust Agreement for the Refunded Bonds entered into between the Authority and the Escrow Agent, as trustee for the Refunded Bonds, and dated as of October 1, 1992 (the "Refunded Bonds Trust Agreement"), sufficient to redeem the outstanding Refunded Bonds on March 1, 2001 (the "Redemption Date"). Pursuant to the Escrow Agreement, • :ODMA\PCDOCS\SBDOCS I\24205\2 C' 1