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OFFICIAL BID FORM <br />TO: Mr. George W. McCullough, Jr. ANTICIPATED SALE DATE: March 27, 1990 <br />Secretary-Treasurer <br />South Bend Redevelopment Authority <br />1200 County-City Building <br />South Bend, IN 46601 <br />RE: $4,895,000 Lease Rental Revenue Bonds <br />(South Bend Central Development Area Public Improvement Project) <br />For the Bonds of this Issue which shall mature and bear interest at the respective annual rates, as <br />follow, we offer a price of $ (Note: This amount may not be less than <br />$4,809,337) and accrued interest to the date of delivery. <br />1996 % 2001 % 2005 % 2009 <br />1997 % 2002 % 2006 % 2010 <br />% 1998 % 2003 % 2007 % 2011 <br />1999 % 2004 % 2008 % 2012 <br />2000 <br />In making this offer we accept all of the terms and conditions of the Notice of Intent to Sell published in <br />the Official Statement dated March 2, 1990. In the event of failure to deliver these Bonds in <br />accordance with the Notice of Intent to Sell as printed in the Official Statement and made a part hereof, <br />we reserve the right to withdraw our offer, whereupon the deposit accompanying it will be immediately <br />returned. All blank spaces of this offer are intentional and are not to be construed as an omission. <br />Not as a part of our offer, the above quoted prices being controlling, but only as an aid for the <br />verification of the offer, we have made the following computations: <br />NET INTEREST COST: <br /> <br /> <br />NET EFFECTIVE RATE: <br />Account Members <br />Account Manager <br />BY: <br />.............................................................................................................................................................................. <br />The foregoing offer is hereby accepted by the Issuer on the date of the offer by its following officers <br />duly authorized and empowered to make such acceptance. <br />George W. McCullough, Jr. <br />Secretary Treasurer <br />Received good faith check for return to bidder. <br />By: <br />