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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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OFFICIAL BID FORM <br />$1,410,000 <br />City of South Bend Redevelopment Authority <br />Taxable Lease Rental Revenue Bonds of 1992. <br /> <br />~~ <br />Secretary-Treasurer Sale Date: July ~ l~J"L <br />City of South Bend, Indiana, Redevelopment Authority <br />Secretary-Treasurer: <br />For the principal amount of $1,410,000 Taxable Lease Rental Revenue Bonds of 1992 (the "Bonds") of the City of <br />South Bend, Redevelopment Authority (the "Authority"), legally issued and as descn~bed in the Notice of Intent to Sell, <br />we will pay the City of South Bend Redevelopment Authority $ (not less than $1,388,850) plus <br />accrued interest on the total principal of $1,410,000 to date of delivery, provided the Bonds. bear the following interest <br />rates: <br /> Interest Interest <br />Year Total Rate Year Total Rate <br />1993 $ 35,000 % 1999 $120,000 % <br />1994 85,000 % 2000 130,000 % <br />1995 90,000 % 2001 140,000 % <br />1996 100,000. % 2002 150,000 % <br />1997 105,000 % 2003 165,000 % <br />1998 110,000. % 2004 180,000 % <br />The Bonds mature on February 1, in each of the years as indicated above and interest is payable February 1,1993, and <br />semiannually thereafter on February 1 and August 1 of each year.: <br />In making this offer, we accept the terms and conditions as defined in the Notice of Intent io Sell published in the <br />Official Statement dated , 1992. All blank spaces of this offer are intentional and are not to be <br />construed as an omission. <br />NOT PART OF THIS BID: Respectfully submitted, <br />Explanatory Note: According to our computation, <br />this bid involves the following: <br />Net Interest Cost <br />Net Interest Rate <br />Syndicate Manager <br />By <br />(A list of the firms associated with us in this bid is on <br />the reverse side of this proposal) <br />The foregoing offer is hereby accepted by and on behalf of the City of South Bend Redevelopment Authority, <br />this day of ,1992. <br />(Title) <br />I hereby acknowledge receipt of the deposit required by the Notice of Intent to Se1L <br /> <br />
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