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No. 2390 a bond resolution authorizing the issuance of City of South Bend, Indiana, Redevelopment District Tax Increment Revenue Bonds of 2007 (Douglas Road Economic Development Area project)
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No. 2390 a bond resolution authorizing the issuance of City of South Bend, Indiana, Redevelopment District Tax Increment Revenue Bonds of 2007 (Douglas Road Economic Development Area project)
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7/27/2009 4:44:07 PM
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Upon the adoption of any supplemental resolution pursuant to the provisions of <br />this Section 20, this Resolution shall be, and be deemed to be, modified and amended in <br />accordance therewith, and the respective rights, duties and obligations under this Resolution shall <br />thereafter be determined, exercised and enforced hereunder, subject in all respects to such <br />modifications and amendments. <br />SECTION 21. Reimbursement of Preliminary Costs. The Commission hereby <br />declares the official intent of the District and the City, pursuant to I.C. 5-1-14-6(b) and 1.150-2 <br />of the Treasury Regulations, that preliminary costs incurred by or on behalf of the Commission <br />in financing the costs relating to the Project be reimbursed from the proceeds of the Bonds. <br />SECTION 22. Further Approvals. Each officer of the Commission is hereby <br />authorized to take all such actions and to execute all such instruments as are necessary and <br />desirable to carry out the transactions contemplated by this Resolution, in such forms as each of <br />such officers executing the same shall deem proper, to be evidenced by the execution thereof. <br />***** <br />• <br />• <br />BDDBOI 4912282v3 - 26 - <br />
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