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Inducement Resolution relating to the Hablin Company, Inc. Project
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Inducement Resolution relating to the Hablin Company, Inc. Project
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4/25/2017 3:48:52 PM
Creation date
2/13/2017 10:48:30 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
3/26/1979
Ord-Res Number
689-79
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SECTION 2. In order to encourage, induce and solicit such <br />application by Hablin Company, Inc., or its assigns, for such <br />Industrial Revenue Bond issue relating to the acquisition and <br />construction and reconstruction of such Economic Development <br />Facilities, the South Bend Economic Development Commission on <br />behalf of the City of South Bend, Indiana, shall proceed to cooperate <br />with and take such action as may be necessary in the drafting of <br />documents or the performance of such other acts as will facilitate <br />the issuance of such Industrial Revenue Bonds by the City of South <br />Bend, Indiana, to provide funds to be used toward the payment of <br />the costs for the acquisition and construction and reconstruction <br />of such Economic Development Facilities. <br />SECTION 3. Any costs or expenses incurred in connection <br />with said Hab in Company, Inc. Project shall be included in the <br />project costs and reimbursed from the proceeds of the Industrial <br />Revenue 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 />Member of the Common Council <br />FILED 1A, clup' 's gr m ra <br />MAR 2 ) 1979 <br />Irene Gcirnmorl <br />CITY CLEP.K,SOUTH BEND,IND. <br />PRESENTEQ ' eZ �• - % Sr <br />X t xPFp-CM <br />ADOPTEEr! 3 ' a ?F <br />
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