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A-1 <br />APPENDIX A <br />Project, Financial Assistance <br />1.The Project. The proceeds of the Obligating Instrument (described below) will be applied to construct <br />and acquire the Project which consists of the following: <br />•certain local public improvements, including without limitation (i) continued environmental <br />remediation of the Project Site, (ii) the construction of new streets, curbs, sidewalks and tree <br />lawns, (iii) the construction of a storm sewer system, (iv) the installation of sanitary sewer lines, <br />(v) the installation of water main lines and a lateral connection system and (vi) the installation <br />of street lighting, all of which to support the redevelopment of the Drewrys Site located at 1408 <br />Elwood Avenue in the City of South Bend, Indiana into a new residential housing development <br />2.Financial Assistance <br />A.Loan: $[_________________] <br />B.Obligating Instrument: The Loan shall be evidenced by the Participant’s Redevelopment <br />District Taxable Tax Increment Revenue Bonds, Series 2025 (Residential Infrastructure Fund Loan), (the <br />“Bonds”), which will bear interest at the per annum rate of [______ percent (__%). The Bonds will be in <br />the aggregate principal amount of the Loan. <br />3.Participant's Notice Address: <br />227 West Jefferson Blvd. <br />Suite 1400 N <br />South Bend, Indiana 46601 <br />Attention: Kyle Willis, Controller__________ <br />4.Additional Terms: <br />A.The Participant and the Finance Authority agree that any event of default occurring under <br />the Financial Assistance Agreement, dated as of June 4, 2024, between the Finance <br />Authority and the Participant (the “Financial Assistance Agreement”) or the Prior <br />Agreement (as defined in the Financial Assistance Agreement), shall constitute an event of <br />default under this Agreement. Similarly, the Participant and the Finance Authority agree <br />that any event of default under this Agreement, or under any subsequent financial <br />assistance or aid agreement entered into between the Participant and the Finance Authority, <br />shall constitute an event of default under the Financial Assistance Agreement, the Prior <br />Agreement, and the subsequent financial assistance or aid agreement, if any, as the case <br />may be. <br />[End of Appendix A]