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4 <br />f t <br />principal amount not exceeding One Hundred Twenty -five Thousand <br />($125,000.00) Dollars and bearing interest at a rate of 8 -1/2 <br />annum repayable over a term of ten (10) years, and the issuance <br />of the Bonds in accordance therewith, be and the same hereby <br />are approved, and the Secretary of the Commission be and he is <br />hereby directed to transmit to the City of South Bend, Indiana, <br />this resolution, together with a copy of the form and terms <br />of the financing agreement (Lease and Trust Indenture) and <br />the Bonds. <br />THIS RESOLUTION ADOPTED BY THE SOUTH BEND ECONOMIC <br />DEVELOPMENT COMMISSION OF THE CITY OF SOUTH BEND, INDIANA, <br />THIS 4TH DAY OF AUGUST, .1978. <br />r d Alht <br />Vice President <br />Secretary <br />f uo IN C OFFICE <br />AUG 8 1978 <br />Irene Gammon <br />CAN CLERK, SOUTH BEND, IND. <br />