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COMMITTEE REPORT <br />TO THE COMMON COUNCII, OF THE CITY OF SOUTH BEND: <br />Your Committee of the Whole, to whom was referred: <br />BII.L NO. <br />59-98 A BILL AUTHORIZING THE ISSUANCE AND SALE OF AN <br />AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED ONE <br />MILLION FIVE HUNDRED THOUSAND DOLLARS ($1,500,000) <br />OF CITY OF SOUTH BEND, INDIANA VARIABLE RATE <br />ECONOMIC DEVELOPMENT REVENUE BONDS, SERIES 1998 <br />(SGW REALTY LLC PROJECT); DESIGNATING THE BONDS AS <br />LIMITED OBLIGATIONS OF THE CITY; APPROVING THE <br />FORM OF, AND AUTHORIZING THE EXECUTION AND <br />DELIVERY OF, THE TRUST INDENTURE, LOAN AGREEMENT <br />AND OTHER DOCUMENTS RELATED TO THE ISSUANCE AND <br />SALE OF THE BONDS; AND AUTHORIZING PROPER OFFICERS <br />TO DO ALL OTHER THINGS DEEMED NECESSARY OR <br />ADVISABLE IN CONNECTION THEREWITH AND APPROVING <br />AND AUTHORIZING OTHER ACTIONS IN RESPECT THERETO <br />Respectfully report that they have examined the matter and that in their opinion, this bill <br />has been recommended to the Council favorably. <br />John Broden <br />Chairman <br />