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1994-05-17 Resolution 91
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1994-05-17 Resolution 91
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1/29/2013 8:33:50 AM
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t <br />a <br />$790509000 <br />SOUTH BEND REDEVELOPMENT AUTHORI TY <br />LEASE RENTAL REVENUE BONDS OF 1994 <br />(CENTURY CENTER PROJECT <br />Issuer: South Bend Redevelopment Authority <br />Lessee: South Bend Redevelopment Commission <br />Purpose: To refund the Civic Center Building Authority Bonds of 1978 and to fund <br />improvements to the Century Center. <br />Maturity: February 1, 2017 <br />Amortization: Serial Bonds 1996 to 2007 <br />1996 <br />$170,000 <br />2002 <br />$230,000 <br />1997 <br />180,000 <br />2003 <br />240,000 <br />• 1998 <br />185,000 <br />2004 <br />255,000 <br />1999 <br />195,000 <br />2005 <br />270,000 <br />2000 <br />205,000 <br />2006 <br />285,000 <br />2001 <br />215,000 <br />2007 <br />305,000 <br />Term Bond 2017 with the following mandatory sinking fund schedule <br />2008 <br />2009 <br />2010 <br />2011 <br />2012 <br />$320,000 <br />340,000 <br />365,000 <br />385,000 <br />410,000 <br />2013 440,000 <br />2014. 465,000 <br />2015 495,000 <br />2016 530,000 <br />2017 565,000 <br />Interest: Payable February 1, <br />and August 1 with the first payment due February 1, <br />1995. <br />Capitalized <br />Interest: Interest <br />will be Capitalized through and including August 1, 1995 <br />Reserve Fund: 1 Year Maximum Debt Service <br />• <br />
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