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Approving the Issuance and sale of South Bend Redevelopment Authority Lease Rental refunding bonds (MPAC Project)
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Approving the Issuance and sale of South Bend Redevelopment Authority Lease Rental refunding bonds (MPAC Project)
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Last modified
7/6/2009 10:02:14 AM
Creation date
3/9/2009 8:52:03 AM
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Template:
City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
2/23/2009
Ord-Res Number
3952-09
Bill Number
09-18
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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 b he Mayor , s ro 'ded by la <br />Member of the Common Council <br />Nt.ESENTED Z'2.3_09 <br />NOT APPRC~EO <br />ADOPTED ~„ Z3 -a~ <br />-2- <br />~f~C~~ ~:~ C.d'i.it'~a'~ ~;av6nr <br />E Q i ~ 2009 <br />aa;;r; vcua~~ <br />c~TV cL°~:,; ~, ~c. ~~,a~, try. <br />
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