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• <br />South Bend Redevelopmezlt Authority <br />Special N~eting - February 16, 1990 <br />4. NEW BUSINESS (Cont.) <br />c. continued... <br />February 26th when all construction bids are in. We are planning to publish <br />the Notice of Intent to sell bonds on March grid and March 9th. We must have <br />an Official Statement prior to publishing Notice of Intent to sell the bonds <br />and that is being prepared. <br />Mr. Fewell asked who is charged with assessing the financial market. Mrs. <br />Kolata responded that the Financial Advisor, Springsted, Inc., will assess <br />the market. They have been fly aggressive in our past bond sales in <br />getting bidders for the sale. The rates are more ccampetitive when there are <br />more bidders. <br />Upon a motion by Mr. Fewell, seconded by Mr. McCullough and unaninioiasly <br />carried, the Authority approved Resolution No. 17 authorizing the issuance of <br />the South Bend Redevelopment Authority Lease Rental Revenue Bonds (South Bend <br />Central Developanexit Area Public Improvement Project. ) <br /> <br />5. <br />There being no further business to ovine before the Authority, Mr. McCullough made <br />a motion that the meeting be adjourned.° Mr. Fewell seconded the motion and the <br />meeting was adjourned at 9:25 a.m. <br />p W. Wroblewski, President <br />J <br />Ann E. Kolata, Director <br />• <br />