1992-06-18 Resolution 56 - Laserfiche WebLink

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Legal Matters: • Legal matters incident to the autliorization and issuance of the Bonds are subject to the opinion of Baker ~ Daniels, Bond Counsel, as to validity and tax status. The oppinion will be substantially in the form set forth in Appendix D attached 'hereto.. Bond Counsel has not participated in the preparation of this Official Statement except for information under the headings "Legal Matters" and the Notice of Intent to Sell. Authority for Issuance: Conditions Affecting Issuance of Bonds: Delivery: No Litigation: The Bonds are issued pursuant to IC 36-7-14.5 and a resolution of the Redevelopment Authority adopted June 18, 1992. The Bonds are offered when, as and if issued, subject to the approving legal opinion of Baker & Daniels. On or about August 12,1992.. There is no litigation now ppending or, to the knowledge of District officials, threatened, which questions the validity of the Bonds or of any proceedings of the District taken with. respect to the issuance or sale thereof. The Official Statement is in a form deemed final as of its date for purposes of Securities and Exchange Commission -Rule 15c2-12(b)(1) (the "Rule"), but is subject to minor rev~on or amendment in accordance with the Rule. Not later than seven business days following the award of the Bonds, the Authority shall provide copies of the-Final OJj~cial Statement as that term is used in the Rule, to the purchaser of the Bonds The Final Official Statement will be the Official Statement dated June 18,1992 and an addendum which includes the maturity dates and amounts, interest rates and reoffering yields or prices, credit ratings, and any other information required by law. Any such addendum shall on or after the date thereof, be fully incorporated in the Final Official Statement by references The purchaser will be supplied with Final Of j~icial Statements in a quantity su,~cient to meet its request Up to 50 copies of the Final Official Statement will be famished without cosy Questions regarding the Bonds or the Official Statement can be directed to and additional copies of the Official Statement, the City's audited financial reports, which includes .the Authority, and the Resolution may be obtained from Evensen Dodge, inc., 222 South Ninth Street, Suite 3800, Minneapolis, Minnesota 55402, (612/338-3535), the District's financial advisor, or Ms. Ann Kolata, Redevelopment Director, Department of Economic Development, City of South Bend, 227 W. Jefferson Blvd.,l2th Floor, South Bend, Indiana 46601, .(219/284-9371). 2