1992-06-18 Resolution 56 - Laserfiche WebLink

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