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for a period up to three (3) years from the date of issuance of the Bonds based upon the <br /> recommendation of the Municipal Advisor. <br /> SECTION 2. The Common Council hereby finds and determines that the transfer of the <br /> Leased Premises from the City to the Authority for no consideration, in connection with the <br /> financing of the Projects by the Authority and lease of the Leased Premises to the Commission <br /> pursuant to the Act, is in the best interests of the City and its citizens. The Common Council <br /> approves of the transfer of all of the City's interest to the Leased Premises to the Authority and <br /> authorizes the Board of Public Works of the City to take such action that may be necessary to <br /> effectuate the transfer of the Leased Premises to the Authority as authorized herein. <br /> SECTION 3. This Resolution shall be in full force and effect from and after its adoption <br /> by the Common Council. <br /> Sharon L. McBride, Council President <br /> South Bend Common Council <br /> Attest: <br /> Dawn M. Jones, City Clerk <br /> Office of the City Clerk <br /> Presented by me, the undersigned Clerk of the City of South Bend, to the Mayor of the <br /> City of South Bend, Indiana on the day of , 2023, at <br /> o'clock . m. <br /> Dawn M. Jones, City Clerk <br /> Office of the City Clerk <br /> Approved and signed by me on the day of , 2023, at o'clock <br /> .m. <br /> James Mueller, Mayor <br /> City of South Bend, Indiana <br /> F-i►^,r± ?rk'S Office <br /> DMS 24705239v3 --- <br /> JAN 18 2O?'i <br /> 4 1----DAWN M.JONES 1 <br /> CITY CLERK, SOUTH BEND,IN <br />