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Tommuttr Irpar# <br />on #4e Tomm a (10nurd of ihr (900 of onu#411rttd: <br />Your Committee OF THE WHOLE <br />to whom was referred <br />124 -83 A BILL AUTHORIZING THE ISSUANCE AND SALE OF $3,000,000 <br />ECONOMIC DEVELOPMENT REVENUE BONDS OF THE CITY OF SOUTH BEND, <br />INDIANA, FOR THE PURPOSE OF MAKING A LOAN TO BEATRICE FOODS <br />CO,., IN ORDER TO FINANCE THE ACQUISITION AND CONSTRUCTION OF <br />CERTAIN ECONOMIC DEVELOPMENT FACILITIES LOCATED IN THE UNIN- <br />CORPORATED AREA OF ST. JOSEPH COUNTY; AUTHORIZING EXECUTION <br />OF A LOAN AGREEMENT; PROVIDING FOR THE DELIVERY OF A NOTE AND <br />ASSIGNMENT THEREOF AS SECURITY FOR SAID BONDS; AUTHORIZING AN <br />INDENTURE OF TRUST APPROPRIATE FOR THE PROTECTION AND DIS- <br />POSITION OF THE REVENUES FROM SUCH NOTE; AUTHORIZING <br />EXECUTION OF A BOND PURCHASE AGREEMENT AND AN OFFERING <br />MEMORANDUM; AND AUTHORIZING THE TERMS AND SALE OF SAID BONDS. <br />Respectfully -report that they have examined the matter and that in their opinion THIS BILL SHOULD BE RECOMMENDED <br />TO THE COUNCIL FAVORABLE, AS AMENDED: <br />BY SUBSTITUTION OF A NEW BILL <br />RAYMOND C. ZIELINSKI <br />Chairman <br />FRC[ PREDS PUBLISHING CO. <br />