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outh Bend Redevelopment Authority <br />pecial Meeting - June 17, 1988 <br />7. Continued... <br />Upon a motion by Mr. Wroblewski, seconded by Mr. Varga and unanimously. <br />carried, the Authority adopted Resolution No. 8 authorizing the issuance of <br />the South Bend Redevelopment Authority Lease Rental Revenue Bonds for the <br />Stanley Coveleski Regional Stadium. <br />8. Authority approval requested to schedule Bond Sale for the Coveleski Stadium <br />Project for July 26, 1988 and to authorize publication of Notice of Bond <br />Sale on July l and July 8, 1988. <br />Mr. Nussbaum noted that the closing on the bond sale .will be a different <br />date than that of the parking facility. September I, 1988 is the date our <br />next lease payment is due to Security Pacific-and it would be a clean <br />transaction to close on that date.. <br />Upon a motion by Mr. Wroblewski, seconded by Mr. Varga and .unanimously <br />carried, the Authority approved the July 26, 1988 date for the Bond Sale for <br />the Coveleski Stadium Project and authorized publication of Notice of Bond <br />Sale on July 1 and July 8, 1988. <br />9. Set Next Meeting `Dates: Tentative Dates July 1 and July 26,-1988 <br />Mr. Nussbaum noted that the purpose of the July 1 meeting would be to <br />approve the Official Statement for each project. The purpose of the July 26 <br />meeting would be for the sale of the bonds. <br />10. .Other <br />Mr. Varga asked how the presentation before the Local Property Tax Control <br />Board on the St. Joseph/Wayne Parking Facility went. .Mrs. Kolata responded <br />that the presentation went well. There-were questions about maintenance of <br />the garage. The Board was assured that the garage has been designed to <br />minimize operation and maintenance costs. The State Board of Tax <br />Commissioners-gave its approval on June 14. <br />11. Adjournment <br />There being no further business to come before the Authority, Mr. Wroblewski <br />made a motion that the meeting be adjourned. Mr. Varga seconded the motion <br />and the meeting was adjourned at 8:30 a.m. <br />Thomas J. Varga°Jr., President E. Kolata, Deputy Executive Director <br />-4- <br />