1998-11-16 Resolution 131 - Laserfiche WebLink

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RESOLUTION NO. 131 RESOLUTION OF THE SOUTH BEND REDEVELOPMENT AUTHORITY APPROVING THE AWARD OF THE SOUTH BEND REDEVELOPMENT AUTHORITY LEASE RENTAL REVENUE REFUNDING BONDS OF 1998 (BLACKTHORN GOLF COURSE PROJECT) AND APPROVING THE EXECUTION OF AN ADDENDUM TO THE LEASE BETWEEN THE AUTHORITY AND THE SOUTH BEND REDEVELOPMENT COMMISSION AND OTHER RELATED MATTERS WHEREAS, the South Bend Redevelopment Authority (the "Authority") at a meeting on October 19, 1998, adopted Resolution No. 130 (the "Bond Resolution") authorizing the issuance and sale of bonds to be known as the "South Bend Redevelopment Authority Lease Rental Revenue Refunding Bonds of 1998 (Blackthorn Golf Course Project) (the "Bonds") pursuant to IC 36-7-14.5- • 19 and IC 5-1-5 et se ., in the aggregate principal amount not to exceed Seven Million and 00/100 Dollars ($7,000,000), the proceeds of which are to be used to refund the South Bend Redevelopment Authority Lease Rental Revenue Bonds (Blackthorn Golf Course Project) issued in 1992 (the "Refunded Bonds") to finance the construction of a public golf course (the "Project") and to pay the costs of issuance of the Bonds; and WHEREAS, the Bond Resolution authorized the publication of a notice of intent to sell bonds-(the "Notice") which Notice was published on October 23, 1998, and October 30, 1998, in the South Bend Tribune, the Tri-Coun News and the Court and Commercial Record; and WHEREAS, the Notice provided that the Authority reserved the right to increase or decrease the individual principal amounts of the Bonds maturing in the years 1999 through 2013 by an amount not to exceed One Hundred Thousand and 00/100 Dollars ($100,000.00) per maturity for r~ LJ