No. 0925 authorizing the issuance/sale of special taxing district bonds of the SB redevelopment district for purpose of raising money for property acquisition and redevelopment in the Studebaker Corridor Dev Area

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The Bonds shall be executed in manual or facsimile signature of the attested by the manual or facsimile who shall cause the official seal of a facsimile thereof to be printed or of the Bonds. Subject to the provis the Bonds shall be negotiable under Indiana. the name of the City, by the Mayor of the City, and signature of the Controller, the City to be impressed or otherwise reproduced on each ions hereof for registration, the laws of the State of The Bonds shall be authenticated with the manual signature of an authorized representative of the Registrar, and no Bond shall be valid or obligatory for any purpose or be entitled to any security or benefit under this Resolution until the certificate of authentication on such Bond shall have been so executed. SECTION 2. The Bonds maturing on February 1, 2001, and thereafter, are redeemable prior to maturity on February 1, 2000, or any date thereafter, at the option of the Commission in whole or in part in the amount of Five Thousand Dollars ($5,000), or integral multiples thereof, in inverse order of maturity and by lot (in such manner as the Registrar shall determine) within a maturity. Bonds so redeemed shall be redeemed on such redemption date at a price of 100% of the principal amount of the Bonds to be redeemed plus accrued interest to the redemption date on the principal amount to be redeemed, and without premium. Unless waived by any holder of Bonds to be redeemed, official notice of any such redemption shall be given by the Registrar on behalf of the Commission by mailing a copy of an official redemption notice by registered or certified mail at least 30 days and not more than 60 days prior to the date fixed for redemption to the registered owner of the Bond or Bonds to be redeemed at the address shown on the Bond Register or at such other address as is furnished in writing by such registered owner to the Registrar; provided, however, that failure to give such notice, or any defect therein, with respect to any Bond shall not affect the validity of any proceedings for the redemption of other Bonds. All official notices of redemption shall be dated and shall state: (1) the redemption date, (2) the redemption price, Lj (3) if less than all outstanding Bonds are to be redeemed, the identification (and, in the case of partial redemption, the respective principal amounts) of the Bonds to be redeemed, -7- \rlhill\studbakr\corrproj\lufnlbnd;la;Apri1 6, 1990;