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Section I. The Common Council hereby authorizes a hearing to be held by <br />this Common Council pursuant to IC 36 -1 -10 for the purpose of receiving public input regarding <br />the determination to enter into a lease for the purpose of completing a lease financing for the <br />Projects. Such hearing shall be held at a regular meeting of the Common Council on April 22, <br />2013, at 7:00 p.m. (local time), in the Council Chambers, 4th Floor, County -City Building, South <br />Bend, Indiana. <br />Section II. The Common Council hereby authorizes and directs the <br />administrative staff of the City, with assistance from counsel, to provide notice of such hearing <br />as required by law and to initiate the circulation of a petition of taxpayers requesting the City <br />enter into a lease for the Projects with the Building Corporation. <br />Section III. The Common Council desires to receive a petition of taxpayers <br />requesting that the City enter into a lease of the Projects with the Building Corporation. <br />Section IV. The Common Council hereby indicates on behalf of the City its <br />intent to reimburse certain preliminary expenses related to the Project which have been or will be <br />incurred by or on behalf of the City prior to the issuance of the Bonds from the Proceeds of the <br />Bonds, pursuant. to Indiana Code 5- 1 -14 -6 and in compliance with Section 1.150 -2 of the <br />Treasury Regulations. <br />Section V. This Resolution shall be in full force and effect from and after its <br />passage by the. Common Council and approval by the Mayor. <br />PRESENTW -?'-l_3 <br />COMMON COUNCIL OF THE CITY <br />OF SOUTH BEND, INDIANA <br />By: <br />Member of the Common Council <br />FiledM �Y <br />s <br />R 3 <br />DMS US 51827101v2 - 2 -- <br />