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Inducement Resolution relating to the W & B Realty Project
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Inducement Resolution relating to the W & B Realty Project
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Last modified
4/25/2017 3:47:56 PM
Creation date
2/13/2017 9:50:47 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
5/29/1979
Ord-Res Number
700-79
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SECTION 2. In order to encourage, induce and solicit such <br />application by W TB Realty for such Industrial Revenue Bond issue <br />relating to the construction and erection of such Economic Development <br />Facilities, the South Bend Economic Development Commission on behalf <br />of the City of South Bend, shall proceed to cooperate with and take <br />such action as may be necessary in the approval and drafting of <br />documents or the performing of such other acts as will facilitate <br />the issuance of such Industrial Revenue Bonds by the City of South <br />Bend to provide funds to be used in the construction and erection <br />of such Economic Development Facilities. <br />SECTION 3. Any costs or expenses incurred in connection <br />with said W & B-Realty Project shall be included in the project <br />costs and reimbursed from the proceeds of the Industrial "Revenue <br />Bonds to be issued with respect thereto. <br />SECTION 4. This resolution shall be in full force and <br />effect from and after its passage by the Common Council of the <br />City of South Bend and approval by the Mayor. <br />NOT APPROVED <br />ADOPTED <br />Member of he Common Council <br />FILED IN cim,, S gF�aCE <br />MAY "' 3 1979 <br />Irene Gammon <br />CITY CLERK, SOUTH BEND, IND. <br />
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