1992-06-18 Resolution 56 - Laserfiche WebLink

Home Browse Search

It is anticipated that CUSIP identification numbers will • be printed on the Bonds (at the expense of the Purchaser), but neither the failure to print such numbers on any Bonds nor any error with respect thereto shall constitute cause for a failure or refusal by the successful bidder to accept delivery of and pay for the Bonds. At the time of delivery of the Bonds the approving legal opinion of Baker & Daniels, bond counsel, of South Bend, Indiana, as to the validity of the Bonds, together with a transcript of Bond proceedings, the printed Bonds with such legal opinion printed thereon, and closing certificates in the customary form showing no litigation, will be furnished to the successful bidder at the expense of the Authority. The Authority was organized in compliance with IC 36-7- 14.5, for the purpose of financing local public improvements, including the Project (as defined in the Trust Agreement) for lease to the South Bend Redevelopment Commission (the "Commission"). All actions have been taken in compliance with the provisions of IC 36- 7-14 and IC 36-7-14.5. The Bonds will be secured by the Trust Agreement, and the Bonds will be issued pursuant to the terms and -*~~ - provisions of said Trust Agreement and a resolution of the Authority entitled "Resolution of the South Bend Redevelopment. Authority Authorizing the Issuance of the South Bend Redevelopment Authority Taxable Lease Rental Revenue Bonds (Palais Royale Project) and Regarding Other Related Matters" -(the "Bond Resolution"). -6- \rrrompol\PALAIS.ROY\notice.int\fc\June 17, 1992