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South Bend Redevelopment Authority <br />Special Nieet].r1g -March 2, 1990 <br />4. NEW BUSINESS (Cont.) <br />a. continued... <br />on the bored. The resolution also authorizes the publication of the Notice of <br />Intent to Sell Bonds in the South Bend Tribune, the Tri-County News, the <br />Indianapolis Ccarnnercial and the Indianapolis Star on March 2 and March 9, <br />1990. The resolution also acknowledges for the record that the Authority has <br />accepted the assigrnnent of the engineering contracts and the execution of <br />engineering contracts that were previously accepted. <br />Mrs. Kolata explained that the Official Statement provides general <br />information on the bond to potential bidders, outlines the terms of the bond, <br />summarizes the projects to be funded by the bond, and requires that parties <br />interested in bidding must notify Springsted by March 20th of their intent to <br />bid. We are tentatively planning to hold the bond sale on March 27th, but <br />that date will be set by the financial advisor and bond counsel after March <br />20th. <br />Upon a motion by Mr. Fewell, seconded by Mr. McCullough and unanimously <br />carried, the Authority approved Resolution No. 18 approving an Official <br />Statement relating to the issuance of the South Bend Redevelopment Authority <br />Lease Rental Revenue Bonds (South Bend Central Development Area Public <br />Improvement Project), authorizing distribution of information, publication of <br />Notice of Intent to Sell Bonds and other related matters. <br />5. Ori1IEFt <br />There was no other business, <br />6. ADJOURN' <br />'T'her'e being no further business to come 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 11:05 a.m. <br />• Vl/ <br />J ph Wroblewski, president <br />~~ ~ <br />Arin E. Kolata, Director <br />:~ <br />-2- <br />