1993-06-29 Resolution 77 - Laserfiche WebLink

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SOUTH BEND REDEVELOPMENT AUTHORITY TAXABLE LEASE RENTAL ACQUISITION AND REFUNDING REVENUE BONDS OF 1993 (Airport Economic Development Area Public Improvement Project) BOND PURCHASE CONTRACT July , 1993 South Bend Redevelopment Authority South Bend, Indiana 46601 Gentlemen: The undersigned, City Securities Corporation (the "Underwriter"), offers to enter into the following agreement with tl~e South Bend Redevelopment Authority (the "Authority") which, upon acceptance by the Authority, will be binding upon it and the Underwriter. Certain terms used in this Bond Purchase Contract are .defined by provisions in the Trust Agreement to which reference is made. This Bond Purchase Contract is hereinafter referred. to as the "Contract." • 1. Purchase and Sale. Subject to the terms and conditions and upon the basis of the representations, warranties and agreements set forth herein, the Underwriter hereby agrees to purchase from the Authority, and the Authority hereby agrees to sell and deliver to the Underwriter, all but not less than all of the $ aggregate principal amount of South Bend Redevelopment Authority Taxable Lease Rental Acquisition and Refunding Revenue Bonds of 1993 (Airport Economic Development Area Public Improvement Project) (the "Bonds"). The Bonds will be dated the first day. of the month in which they are originally delivered, and will have the maturities and bear interest at the rates per annum as set forth on the cover of the Official Statement (as hereinafter defined). The purchase price for the Bonds will be $ (representing in the aggregate an Underwriter's discount of $ from the aggregate principal amount of the Bonds, plus accrued interest from the dated date of the Bonds). -The Bonds will be issued under and secured by a Trust Agreement dated as of July 1, 1993 (the "Trust Agreement"), between the Authority and Society National Bank, Indiana, South Bend, Indiana, as Trustee (the "Trustee"). The Bonds are more fully described in the Trust Agreement, the Preliminary Official Statement and the Official Statement (each as hereinafter defined). The Official Statement of the Authority relating to the Bonds, dated the date hereof, together with the cover page and all attachments and appendices thereto, is designated herein as the "Official Statement." Such document in the form approved by the. Authority on 1993, is designated herein as the "Preliminary Official Statement." 2. Offering. The Underwriter agrees to make a bona fide public offering of all of the Bonds at prices not in excess of the initial public offering prices set forth on the cover page of the Official Statement. The Authority t~e~ Eby ratifies the distribution of the Preliminary Official Statement and authorizes the Official Statement and the documents referred to therein to be used in connection with the public offering and sale of the Bonds. The Underwriter agrees, in connection with the sale