Laserfiche WebLink
f. r <br />• WHEREAS, there has been prepared and submitted to the Authority a form of <br />Escrow Deposit Agreement dated as of December 1, 2003, among the Authority, the <br />Commission, and Wells Fargo (the "1997 Bonds Escrow Agreement"), which provides for the <br />Wells Fargo to serve as escrow agent in connection with the refunding of the 1997 Bonds; <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment <br />Authority as follows: <br />1. The 1993 Bonds Escrow Agreement is hereby approved in the form <br />submitted to this meeting and the Vice-President of the Authority (the "Vice-President") and the <br />Secretary-Treasurer of the Authority (the "Secretary-Treasurer") are authorized to execute and <br />attest the 1993 Bonds Escrow Agreement with such changes as may be necessary or appropriate <br />as determined by such officers, said officers' execution and attestation thereof to be conclusive <br />• evidence of their approval of such changes. <br />2. The 1997 Bonds Escrow Agreement is hereby approved in the form <br />submitted to this meeting and the Vice-President and the Secretary-Treasurer are authorized to <br />execute and attest the 1997 Bonds Escrow Agreement with such changes as may be necessary or <br />appropriate as determined by such officers, said officers' execution and attestation thereof to be <br />conclusive evidence of their approval of such changes. <br />3. The Vice-President and the Secretary-Treasurer are, and each of them is, <br />hereby authorized to take all such actions and to execute all such instruments as are necessary <br />and desirable to complete the Refunding contemplated by this Resolution, in such forms as the <br />Vice-President and the Secretary-Treasurer executing the same shall deem proper, to be <br />evidenced by the execution thereof. <br />• <br />SBIMANl 168062v1 - 3 - <br />