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RESOLUTION NO. 3133 <br />RESOLUTION OF THE <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />CONTINUING CERTAIN FUNDS AND ACCOUNTS IN CONNECTION <br />WITH THE LEASE DATED AS OF NOVEMBER 1, 1993, AS AMENDED, <br />BETWEEN THE SOUTH BEND REDEVELOPMENT COMMISSION <br />AND THE SOUTH BEND REDEVELOPMENT AUTHORITY <br />FOR THE CENTURY CENTER 2008 PROJECT <br />AND REGARDING RELATED MATTERS <br />WHEREAS, the South Bend Redevelopment Authority (the "Authority ") has <br />been created pursuant to IC 36 -7 -14.5 as a separate body, corporate and politic, and as an <br />instrumentality of the City of South Bend, Indiana, to finance local public improvements for <br />lease to the South Bend Redevelopment Commission (the "Commission "); and <br />WHEREAS, the Authority intends to issue its lease rental revenue refunding <br />bonds in an aggregate principal amount expected not to exceed Five Million One Hundred <br />Thousand and 00 /100 Dollars ($5,100,000.00) pursuant to IC 36 -7- 14.5 -19 and IC 5 -1 -5 <br />(collectively, the "Act') to be known as the "South Bend Redevelopment Authority Lease Rental <br />Revenue Refunding Bonds, Series 2013 (Century Center Project)" (the "Bonds "), the proceeds of <br />which will be used to advance refund the South Bend Redevelopment Authority Lease Rental <br />Revenue Bonds of 2008 (Century Center Project) (the "2008 Bonds "), and to pay the costs of <br />issuance of the Bonds; and <br />WHEREAS, the Authority previously entered into a lease between the Authority <br />and the Commission dated as of November 1, 1993, which lease was amended by the Addendum <br />to Lease dated as of June 3, 1994, and further amended by the Second Addendum to Lease dated <br />as of June 1, 2008, and which Second Addendum to Lease was amended by an Addendum to <br />DMS_US 51727276v1 <br />