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79 <br />RESOLUTION NO. <br />RESOLUTION OF THE SOUTH BEND REDEVELOPMENT <br />AUTHORITY APPROVING AN OFFICIAL STATEMENT RELATING <br />TO THE ISSUANCE OF THE SOUTH BEND REDEVELOPMENT <br />AUTHORITY TAXABLE LEASE RENTAL ACQUISITION <br />AND REFUNDING REVENUE BONDS OF 1993 (AIRPORT ECONOMIC <br />DEVELOPMENT AREA PUBLIC IMPROVEMENT PROJECT) <br />WHEREAS, the South Bend Redevelopment Authority (the <br />"Authority") at a meeting on June 29, 1993, adopted Resolution No. <br />77 (the "Bond Resolution") authorizing the issuance and sale to <br />City Securities Corporation (the "Underwriter") of bonds to be <br />known as the "South Bend Redevelopment Authority Taxable Lease <br />Rental Acquisition and Refunding Revenue Bonds of 1993 (Airport <br />Economic Development Area Public Improvement Project)" (the <br />"Taxable Bonds") pursuant to IC 36-7-14.5 et seq., in the aggregate <br />principal amount not to exceed Five Million and 00/100 Dollars <br />($5,000,000), the proceeds of which are to be used to: (i) refund <br />the South Bend Redevelopment Authority Taxable Lease Rental Revenue <br />Bonds (Airport Economic Development area ruA11c 11Ll~JI V V C1LLG 114 <br />Project) (the "Refunded Bonds").issued in 1991 to pay the costs of <br />constructing and acquiring certain land and public improvements <br />located in the Airport Economic Development Area (the "Area"); (ii) <br />acquire additional land and construct certain public improvements <br />in the Area; and (iii) pay the costs of issuance of the Bonds; and: <br />WHEREAS, a Preliminary Official Statement relating to the <br />issuance of the Bonds was approved by the Authority on June 29, <br />1993 in the form presented to the Authority; and <br />WHEREAS, an Official Statement, dated as of July 9, 1993, <br />~ (the "Official Statement") relating to the issuance of the Bonds <br />has bEen prepared and presented to the Authority; <br />