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1992-06-18 Resolution 56
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1992-06-18 Resolution 56
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7/18/2008 5:17:12 PM
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It is anticipated that CUSIP identification numbers will <br />• be printed on the Bonds (at the expense of the Purchaser), but <br />neither the failure to print such numbers on any Bonds nor any <br />error with respect thereto shall constitute cause for a failure or <br />refusal by the successful bidder to accept delivery of and pay for <br />the Bonds. <br />At the time of delivery of the Bonds the approving legal <br />opinion of Baker & Daniels, bond counsel, of South Bend, Indiana, <br />as to the validity of the Bonds, together with a transcript of Bond <br />proceedings, the printed Bonds with such legal opinion printed <br />thereon, and closing certificates in the customary form showing no <br />litigation, will be furnished to the successful bidder at the <br />expense of the Authority. <br />The Authority was organized in compliance with IC 36-7- <br />14.5, for the purpose of financing local public improvements, <br />including the Project (as defined in the Trust Agreement) for lease <br />to the South Bend Redevelopment Commission (the "Commission"). All <br />actions have been taken in compliance with the provisions of IC 36- <br />7-14 and IC 36-7-14.5. The Bonds will be secured by the Trust <br />Agreement, and the Bonds will be issued pursuant to the terms and <br />-*~~ - <br />provisions of said Trust Agreement and a resolution of the <br />Authority entitled "Resolution of the South Bend Redevelopment. <br />Authority Authorizing the Issuance of the South Bend Redevelopment <br />Authority Taxable Lease Rental Revenue Bonds (Palais Royale <br />Project) and Regarding Other Related Matters" -(the "Bond <br />Resolution"). <br /> <br />-6- <br />\rrrompol\PALAIS.ROY\notice.int\fc\June 17, 1992 <br />
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