1997-02-05 Resolution 112 - Laserfiche WebLink

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~~ • RESOLUTION NO. 1~~_ RESOLUTION OF THE SOUTH BEND REDEVELOPMENT AUTHORITY AMENDING RESOLUTION N0.107 AUTHORIZING THE ISSUANCE OF THE SOUTH BEND REDEVELOPMENT AUTHORITY LEASE RENTAL REVENUE REFUNDING BONDS AND OTHER RELATED MATTERS WHEREAS, the South Bend Redevelopment Authority (the "Authority") has been created pursuant to I.C. 36-7-14.5 as a separate body, corporate and politic, and as an instrumentality of the City of South Bend to finance local public improvements for lease to the South Bend Redevelopment .Commission (the "Commission"); and WHEREAS, the Authority adopted Resolution No. 107 on March 13, 1996 (the "Bond Resolution"), to (i) issue bonds in the aggregate principal amount not to exceed Six Million and 00/100 Dollars ($6,000,000.00) pursuant to I.C. 36-7-14.5-19 and I.C. 5-1-5 to be known as the "South Bend Redevelopment Authority Lease Rental Revenue Refunding Bonds, Series 1996 A (South Bend Central Development Area Public Improvement Project)" (the "Series 1996 A Bonds"), for the purposes of refunding the South Bend Redevelopment Authority Lease Rental Revenue Bonds (South Bend Central Economic Development Area Public Improvement Project) (the "1990 Bonds") issued in 1990 to pay the costs of acquiring certain land and constructing certain public improvements located in the South Bend Central Economic Development Area (the "Central Project") and paying the costs of issuance of the Series 1996 A Bonds and (ii) issue bonds in the aggregate principal amount not to exceed Three Million and 00/100 Dollars ($3,000,000.00) pursuant to I.C. 36-7-14.5-19 and I.C. 5-1-5 to be known as the "South Bend Redevelopment Authority Lease Rental Revenue Refunding Bonds, Series 1996 B Ai ort Economic Develo ment Area Public Im rovement Project)" (the "Series 1996 B Bonds") ( ~ p p