HomeMy WebLinkAboutagenda item 2015 0318 rda 03a[Pbank,
lobal Corporate Trust Services
60 Livingston Avenue, EP- MN -WS3C
St. Paul, MN 55107 -2292
March 2, 2015
Mr. Brock Zeeb
South Bend Redevelopment Authority
1200 County-City Building
227 W. Jefferson
South Bend, IN 46601
Re: South Bend Redevelopment Authority Lease Rental Revenue Bonds, Series 2011 B (Century Center
Project)
Dear Mr. Zeeb:
U.S. Bank is responsible for tracking the receipt of the compliance item(s) for the above account. This letter is being
sent in advance of the due date to assist you in providing us with the required documentation in a timely manner.
Item
Insurance - Obligor's Compliance Certificate
Document Reference
First Supplemental Trust Agreement
7.05
If the requested item(s) has been sent, you may disregard this letter.
Due Date
03/31/2015
We appreciate your attention to this matter. Please contact me at the telephone number or email address below to
discuss any questions or concerns you may have regarding the content of this letter. You may also contact your
Account Manager, T. Scott Fesler, at 317 - 264 -2501.
Sincerely,
Jen Edwards
Assistant Vice President
Telephone: 651 - 466 -6291
Facsimile: 651 - 466 -7427
Email: jennifer.edwards2 @usbank.com
Account Number: 149537000
-Tickler Number(s): 1092539
usbank.com
John March
From: Penny Price
Sent: Wednesday, March 11, 2015 2:39 PM
To: John March
Subject: RE: Bond Compliance items required by US Bank
Hi John,
Our current Statement of Values shows the following insured amounts:
College Football Hall of Fame
Building $10,834,151
Contents $ 2,525,255
Fine Arts $ 50,000
Total $13,409,406
Century Center
Building $48,358,576
Contents $ 5,303,035
Total $53,661,611
Let me know if you need anything else.
Penny
Penny Price, CPA
Performance Improvement Manager
City of South Bend
227 W. Jefferson Blvd.
South Bend, IN 46601
pprice @southbendin.gov
Office: 574 - 235 -7652
Fax: 574- 235 -9928
From: John March
Sent: Tuesday, March 10, 2015 1:35 PM
To: Penny Price
Subject: Bond Compliance items required by US Bank
Good afternoon Penny,
Attached is the information that you provided to me last year on the various insurance values for the Hall of Fame and Century
Center.
I was hoping you could provide me with the updated information this year.
Thanks,
John March
1
EXHIBIT B
OFFICER'S CERTIFICATE
Century Center
Reference is made to the First Supplemental trust Agreement dated as of August 1, 2011,
as amended (the "Governing Document "), between the South Bend Redevelopment Authority, a
public body corporate and politic, organized and existing under Indiana Code 36 -7 -14.5, as
amended (the "Company "), and U.S. Bank National Association, as trustee (the "Trustee ").
The undersigned officer hereby certifies to the Trustee that:
(i) I have read all relevant sections of the Governing Documents relating to Insurance
and the definitions relating thereto;
(ii) I have made such examination or investigation as is necessary or appropriate in
order to make the statements contained herein:
(iii) I have made such examination or investigation as is necessary to enable me to
express an informed opinion as to whether or not the terms, conditions and covenants in the
Governing Documents with respect to insurance matters have been complied with; and
(iv) Based on examination and review of the Governing Documents, all of the terms,
conditions and covenants set forth in the Governing documents as they relate to Insurance matters
have been satisfied and are in full force and effect.
IN WITNESS WHEREOF, the undersigned as executed this Officer's Certificate this
day of , 20
SOUTH BEND REDEVELOPMENT AUTHORITY
By:
Name:
Title: