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EXHIBIT E <br />PURCHASE AGREEMENT <br />THIS PURCHASE AGREEMENT has been made and entered into <br />as of the day of 1992, by and between <br />r 11 <br />(the "Purchaser "), having its principal place of business in the <br />City of Indiana, and the City of South Bend <br />Redevelopment Commission (the "Commission "). <br />R E C I T A L S <br />1. The Commission has duly authorized the issuance of <br />Two Million Nine Hundred Thousand and 00 /100 Dollars <br />($2,900,000.00) of its tax increment revenue bonds (the "Bonds ") <br />payable solely from the source indicated in the Final Bond <br />Resolution adopted by the Commission on December 4, 1992 (the <br />"Final Bond Resolution "), in order to provide funds for payment of <br />the cost of property acquisition and redevelopment in the South <br />Bend Central Development Area, South Bend Central Allocation Area <br />(South Bend Allocation Area No. 1A). <br />2. The Purchaser desires to purchase and the Commission <br />desires to sell the Bonds in accordance with this Purchase <br />Agreement. <br />A G R E E M E N T <br />IL In consideration of the premises and the mutual covenants <br />contained herein, the Commission and the Purchaser agree as <br />follows: <br />