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9971-09 Amending ordinance 9951-09 entitled the Authorizing of acquistion, construction, and installation
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9971-09 Amending ordinance 9951-09 entitled the Authorizing of acquistion, construction, and installation
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Last modified
11/30/2009 12:33:13 PM
Creation date
11/17/2009 11:00:16 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
10/26/2009
Ord-Res Number
9971-09
Bill Number
81-09
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1400 COUNTY-CITY BUILDING <br />227 W JEFFERSON BOULEVARD <br />SOUTH BEND, INDIANA 46601-1830 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />DEPARTMENT OF LAW <br />CHARLES S. LEONE <br />CITYATTORNEY <br />October 7, 2009 <br />Mr. Derek Dieter <br />President, South Bend Common Council <br />4`~ Floor, County-City Building <br />South Bend, IN 46601 <br />Re: Ordinance Further Amending Ordinance #9672-06 <br />Dear President Dieter: <br />PHONE 574/235-9241 <br />FAx 574/235-9892 <br />TDD 574/ 235-5567 <br />ALADEAN M. DERosE <br />CHIEF ASSIS'T'ANT CITYATTORNEY <br />Attached for filing with the Common Council is an ordinance further amending <br />Ordinance #9672-06 which authorized acquisition and installation of improvements to the City's <br />Sewage works through issuance of additional revenue bonds. <br />The attached ordinance approves an alternative method for selling the bonds originally <br />authorized in Ordinance #9672-06. The alternative method is through the Indiana Bond Bank, <br />and this would achieve interest savings on this series of bonds. The City's bond counsel has <br />recommended the amendments to Ordinance #9672-06 which are set forth in this Ordinance. <br />Public Works Director Gary Gilot will present this ordinance to the Common Council at <br />its appropriate Committee meeting and at the Council's public hearing of this ordinance. <br />Thank you for your consideration of this matter. <br />Sincerely, <br />~~ ~ <br />Aladean M. DeRose <br />Chief Assistant City <br />AMD/cw <br />cc: Gary Gilot <br />Gregg Zientara <br /> <br />~t~~:~ <br />o~. <br />_ __, <br />THOMAS L. BODNAR CHERYL A. GREENE ANN-CAROL NASH <br />JEFFREY M. JANKOWSKI LAWRENCE J. METEIVER JEFFREY L. SANFORD JOHN E. BRODEN <br />
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