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W <br />1. The Authority hereby determines to issue its Bonds pursuant to I.C. 36-7- <br />14.5-19 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 />July 17, 2000, in the County-City Building, 227 West Jefferson, South Bend, Indiana. <br />SOUTH BEND REDEVELOPMENT AUTHORITY <br />• <br />• <br />By: ~ -- ~ <br />resident <br />ATTEST: <br />~~ <br />Sec tart'-Treasurer <br />::ODMA\PCDOCS\SBDOCS 1\66214\1 -2 <br />