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NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City <br />of South Bend, Indiana, as follows: <br />Section I. The issuance of the Refunding Bonds by the Authority for the purpose of <br />refunding the Prior Bonds, which will permit the Lease to be amended to reduce the rental <br />payments due thereunder by the Commission to the Authority, thus achieving a savings to the <br />Commission, is hereby approved. <br />Section II. This Resolution shall be in full force and effect from and after its <br />passage by the Common Council and approval by the Mayor as provided by law. <br />Member of the Common Council <br />Si :rE...ff.'1{ J ' ,.. �.is; 4 Ci <br />i:u..� ti is �1e1. iT l:�l <br />op .unity for puhi'jc hearing and <br />Counal 80M or' M '6 f <br />PRESENTED <br />NOT APPR(7 -90 <br />ADOPTED <br />BDDB01 5554144v1 <br />-2- <br />Hod In Clank- Of3 I cla, <br />F E B 1 8 2009 <br />J IN VOU1RCc <br />CITY CL 5 EEND, IN. <br />