Laserfiche WebLink
,~„~ <br />• <br />SOUTH BEND REDEVELOPMENT AUTHORITY <br />SPECIAL MEETING <br />September 11, 1996 1308 County -City Building <br />4:30 p.m. 227 W. Jefferson Boulevard <br />Presiding: Joseph Wroblewski South Bend, Indiana 46601 <br />President <br />The September 11, 1996 Regular Meeting of the Redevelopment Authority was called to order at <br />4:40 p.m. by its President, Joseph Wroblewski. There was a quorum present. <br />1. ROLL CALL <br />Members Present: Mr: Joseph Wroblewski, President <br />Mr. Andre B. Gammage, Vice-President <br />Members Absent: Ms. Mary O. Ferlic, Secretary <br />Redevelopment Staff: Mrs. Ann Kolata, Director <br />Mrs. Joelle K. Smith, Recording Secretary <br />Other Mr. Randy Rompola, Baker & Daniels <br />• <br />2. APPROVAL OF MINUTES <br />a. Approval of Minutes of the Regular Meeting of Wednesday, September 4, <br />1996. <br />Upon a motion by Mr. Gammage, seconded by Mr. Wroblewski and unanimously <br />carried, the Authority approved the Minutes of the Regular Meeting of <br />Wednesday, September 4, 1996. <br />3. NEW BUSINESS <br />a. Authority approval requested for Resolution No. 109 authorizing such <br />actions. as may be necessary for the substitution and replacement. of the <br />credit facility for the South Bend Redevelopment Authority variable rate <br />demand lease rental revenue bonds of 1994 (College Football Hall of Fame <br />Project) <br />Mrs. Kolata explained that a bank from New York has approached the City of <br />South Bend to provide the Letter of Credit on the Hall of Fame bond issue. This <br />bank has a higher credit rating than Fuji Bank, which currently provides the Letter <br />of Credit. <br />• <br />