1992-05-22 Resolution 53 - Laserfiche WebLink

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RESOLUTION NO. 53 • RESOLUTION OF THE SOUTH BEND REDEVELOPMENT AUTHORITY APPROVING AN OFFICIAL STATEMENT RELATING TO THE ISSUANCE OF THE SOUTH BEND REDEVELOPMENT AUTHORITY LEASE RENTAL REVENIIE BONDS (PARKING GARAGE REFUNDING) AND AUTHORIZING DISTRIBUTION OF INFORMATION WHEREAS, the South Bend Redevelopment Authority (the "Authority") at a meeting on April 30, 1992, adopted Resolution No. 52 (the "Bond Resolution") authorizing the issuance and sale of bonds to be known as the "South Bend Redevelopment Authority Lease Rental Revenue Bonds (Parking Garage Refunding)" (the "Bonds") pursuant to IC 36-7-14.5 et sec.., in an aggregate principal sum not to exceed Four Million Six Hundred Ninety-Five Thousand Dollars ($4,695,000), the proceeds of which are to be used to refund the South Bend Redevelopment Authority Lease Rental Revenue Bonds (Parking Facility Project) issued in 1988 to finance the construction of a parking garage facility known as the St. Joseph/Wayne Parking Facility and to pay the costs of issuance of the Bonds; and WHEREAS, an Official Statement dated May 22, 1992, (the "Official Statement") relating to the issuance of the Bonds has been prepared by Evensen Dodge, Inc., as financial advisors to the Authority, and presented to the Authority; and WHEREAS, the Authority desires to publish notice of intent to sell bonds as provided for in the Bond Resolution; NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT AUTHORITY AS FOLLOWS: 1. The Official Statement is hereby approved in the form presented to the Authority at this meeting, and the Official Statement in the form presented at this meeting is hereby deemed final for purposes of the provisions of Rule 15c2-12 of the Securities and Exchange Commission. Evensen Dodge, Inc. is hereby authorized and directed to cause to be distributed such statement substantially in the form presented to this meeting, with such changes which are approved by the Authority's legal counsel as Evensen Dodge, Inc., might recommend to describe adequately the Bonds and information related thereto, to all parties who in their judgment may be interested in bidding on such Bonds; and the Authority shall place a copy of such Official Statement as presented to this meeting with the minutes of this meeting. 2. The Secretary of the Authority is authorized and directed to publish notice of intent to sell bonds as provided for . in the Bond Resolution in the Tri-County News, the South Bend Tribune, and The Indianapolis Commercial on May 22 and May 29, 1992.