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Commission, and to assume Seller's obligations with respect to <br /> the Bond; and <br /> WHERERAS, to improve and promote job opportunities and <br /> commercial diversification within and near South Bend, Indiana, <br /> said assignment should be approved; and <br /> WHEREAS, the South Bend Economic Development <br /> Commission approved the assignment by resolution dated July 19, <br /> 1985; and <br /> WHEREAS, to induce Purchaser and Seller to consummate <br /> the assignment and to evidence its consent thereto, the South <br /> Bend Common Council desires to adopt this resolution; and <br /> WHEREAS, it is apparent that the assignment will <br /> increase job opportunities and business diversification in and <br /> near South Bend, Indiana, resulting in a benefit to the welfare <br /> of the public in South Bend, Indiana. <br /> NOW, THEREFORE, BE IT RESOLVED, that the South Bend <br /> Common Council approves the assignment from Seller to Purchaser <br /> and Purchaser's assumption of all Seller's obligations with <br /> respect to the Bonds; and <br /> BE IT FURTHER RESOLVED, that the South Bend Common and <br /> the City of South Bend, Indiana, their officers or agents, <br /> shall not incur any liability if for any reason the proposed <br /> assignment of such Bonds is not consummated. <br /> DATED this day of August, 1985. <br /> FLED E CLERIC'S 5U SOUTH BEND COMMON COUNCIL <br /> PRESENTED B-.T- 8'J <br /> JuL 3 l 1985 <br /> NOT APPROVED By At /A ```t 9 <br /> $-S- 8s IRENF ti\ UN <br /> ADOPTED �.?�°;�,,;�.�,�.:� � +er <br /> CITY CLERK, SO. BEND, IN <br />