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... <br />• Redevelopment Authority Lease Rental Revenue Refunding and Improvement Bonds of 2001 <br />(Century Center Project) and Other Related Matters" (the "Bond Resolution"); and <br />WHEREAS, the Commission now desires to amend the Bond Resolution to change <br />the optional redemption provisions contained therein; <br />NOW, THEREFORE, BE IT RESOLVED, by this South Bend Redevelopment <br />Authority as follows: <br />Section 1. Section 3 of the Bond Resolution is hereby amended to read as <br />follows: <br />The Bonds maturing on or after August 1, 2011, may be redeemed prior to <br />maturity, at the option of the Authority in whole or in part, in whole multiples <br />of $5,000, in such order of maturities as the Authority shall direct, and by lot <br />• within maturities, on February 1, 2011, or any date thereafter from any <br />moneys made available for such purpose, at a redemption price equal to the <br />par amount thereof, plus in each case accrued interest to the date fixed for <br />redemption. <br />Section 2. The Authority hereby acknowledged that the remaining terms and <br />provisions of the Bond Resolution remain in full force and effect. <br />Section 3. This Resolution shall be in full force and effect after its adoption by <br />the Authority. <br />n <br />U <br />****~ <br />-2- <br />::ODMA\1VifIODMA\SBIMAN1;94463; I <br />