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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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7/18/2008 5:17:09 PM
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Redemption Provisions <br />Bonds maturing on February 1,.2002 and thereafter are subject to prior redemption on February 1,.2001 and <br />on any date thereafter at a price of par plus accrued interest. <br />Interest Computation <br />Interest on the Bonds will be computed on a 360~iay year, 30-day month basis. <br />Rating <br />A rating review has been. requested from Moody's Investors Service, Inc. for the Bonds. A rating is' subject to <br />withdrawal at any time; withdrawal of a rating mgy have an adverse affect otr the marketability og tig ~ ds. <br />For an explanation at the significance of the satin , an investor should communicate with the satin a en <br />Certification <br />As of the date of the settlement of the Bonds, the Purchaser will be furnished with a Certificate signed by the <br />appropriate officers of the City and the Authority. The Certificate will state that as of the date of the Official <br />Statement, the Official Statement did not and does not as of the date of the Certificate contain any untrue <br />statement of material fact or omit to state a material fact necessary in order to make the statements made. <br />therein, in light of circumstances under which they were made, not misleading. <br />Legal Matters <br />• Legal matters incident to the authorization and issuance of the Bonds are subject to the opinion of Bond <br />Counsel,. as to validity and tax status. The opinion will be in the form as set forth in Appendix D herein. Bond <br />Counsel has not participated in the preparation of this Official Statement except for the Notice of Intent to <br />Sell Bonds. <br />Miscellaneous <br />Any statements made in this Official Statement involving matters of opinion or of estimates, whether or not so <br />.expressly stated, are set forth as such and not as representations of fact, and no representation is made that <br />any of the estimates will be realized. <br />The execution and delivery of this Official Statement has been duly authorized by the Redevelopment <br />Authority. <br />SOUTH BEND REDEVELOPMENT AUTHORITY <br />By: ;°f Josevh W Wroblewski <br />President, Redevelopment Authority <br /> <br />7 <br />^ <br />
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