1992-06-26 Resolution 59 - Laserfiche WebLink

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RESOLUTION NO. 59 RESOLUTION OF THE SOUTH BEND REDEVELOPMENT AUTHORITY APPROVING A PROPOSED LEASE FOR CERTAIN LAND AND PUBLIC IMPROVEMENTB BETWEEN TH8 SOUTH BEND REDEVELOPMENT AUTHORITY, AS LESSOR, AND THE SOUTH BEND REDEVELOPMENT COMMISSION, AS LESSEE, APPROVING PRELIMINARY PLANS, SPECIFICATIONS AND COST ESTIMATES FOR THE PROJECTS AND OTHER RELATED MATTERS WHEREAS, the South Bend Redevelopment Authority (the "Authority") intends to issue its South Bend Redevelopment Authority Lease Rental Revenue Bonds (the "Bonds") to finance the construction of a golf course (the "Project"); and WHEREAS, the preliminary plans, specifications and cost estimates for the Project have been filed with the Authority and r the Authority desires to approve them; and WHEREAS, the Authority desires to enter into and adopt a proposed lease to be dated as of July 1, 1992, with the South Bend Redevelopment Commission (the "Commission") in the form presented at this meeting, a copy of which is attached hereto as Exhibit A, for the purpose of paying the principal and interest on its Bonds issued to finance the Project, pursuant to IC 36-7-14.5- 19; and WHEREAS, the Authority desires to enter into an Agency Agreement with City of South Bend by and through its Board of Public Works to provide for the construction of the Project by the Board of Public Works and other related matters, a copy of which is attached hereto as Exhibit B;