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1992-05-22 Minutes
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1992-05-22 Minutes
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t <br /> <br />South Bend Redevelopment Authority <br />Special Meeting - May 22, 1992 <br />3. NEW BUSINESS (Cont.) <br />a. continued... <br />will be notified 24 hours before the sale. We are <br />tentatively anticipating the sale on June 11. If <br />interest rates get high enough that we would not realize <br />substantial savings, we do not have to go through with <br />the sale. <br />Our financial consultant intends to send the Official <br />Statement to Moody's for a rating the week of May 26. <br />Upon a motion by Mr. Gammage, seconded by Mr. Fewell and <br />unanimously carried, the Authority approved Resolution. <br />No. 53 approving the Official Statement relating to the <br />issuance of the South Bend Redevelopment Authority Lease <br />Rental Revenue Bonds (St. Joseph/Wayne Street Parking <br />Garage Refunding) and authorizing distribution of <br />information. <br />b. Staff report on acquisition of property in the South Bend <br />Central Development Area. <br />There was no report at this time. <br />4. APPROVAL OF CLAIMS <br />S.B.C.D.A. PUBLIC IMPROVEMENT PROJECT <br />High Street Storage $ 27.00 <br />Abstract & Title Corp. 300.00 <br />TOTAL S.B.C.D.A. PUBLIC IMPROVEMENT PROJECT $ 327.00 <br />AIRPORT TAX-EXEMPT BOND <br />Shilts Graves & Assoc. $ 65.00 <br />Cole Associates, Inc. 12,992.50 <br />Shilts Graves & Assoc. 65.00 <br />TOTAL AIRPORT TAX-EXEMPT BOND $13,122.50 <br />AIRPORT TAXABLE BOND <br />Elige Hannah Jr. and Rosalind Hannah $ 3,000.00 <br />TOTAL AIRPORT TAXABLE BOND $ 3,000.00 <br />. Upon a motion by Mr. Fewell, seconded by Mr. Gammage and <br />unanimously carried, the Authority approved the Claims <br />submitted May 22, 1992 for ,payment. <br />-2- <br />
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