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1993-11-04 Resolution 84
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1993-11-04 Resolution 84
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7/23/2008 5:05:24 PM
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<br /> <br />1. The Authority hereby establishes its intent to issue <br />its Bonds pursuant to IC 36-7-14.5 for the purpose of financing the <br />construction of the Project and ratifies the adoption of Resolution <br />No. 63 by the Authority regarding the reimbursement of preliminary <br />expenditures related to the construction and equipping of the <br />College Football Hall of Fame. <br />2. The Authority hereby acknowledges that the issuance <br />of the Bonds by the Authority will be subject to the approval of <br />the Common Council of the City and the Mayor which approval shall <br />be obtained following the conclusion of the proceedings related to <br />the approval of the lease between the Authority and the Commission. <br />3. The Authority hereby establishes its intent, <br />pursuant to IC 5-1-14-6(b), that preliminary costs incurred by or <br />on behalf of the Authority and the Commission in financing the <br />construction of improvements to and expansion of the Century Center <br />be reimbursed from the proceeds of the Bonds. <br />4. This resolution shall be in full force and effect <br />from and after its adoption by the Authority. <br />ADOPTED at a meeting of the South Bend Redevelopment <br />Authority held on November 4, 1993, at 1308 County City Building, <br />227 West Jefferson, South Bend, Indiana. <br />SOUTH BEND REDEVELOPMENT AUTHORITY <br />By: ,~pr~ ~: <br />sep W. Wroblewski, President <br />AT EST: <br />Donald K. Fewell, Secretary <br />rrrompola\sthbend\hallofam\lease\luintent.84;drf;11-4-93 <br />-2- <br />
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