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REPORT OF CITY OF SOUTH BEND a <br /> ECONOMIC DEVELOPMENT COMMISSION <br /> MAKING CERTAIN ESTIMATES <br /> 1 <br /> Pursuant to the Municipal Economic Development Act of 1965 <br /> as amended, the City of South Bend Economic Development Commission <br /> is required to make certain estimates in regardto the acquisition and <br /> renovation of the property at 902-1020 West Sample Street, South Bend, <br /> by Curtis L. Crofoot of South Bend. The estimates are as follows: <br /> (1) The number of public services or facilities, including <br /> streets, sidewalks, schools, sewers, street lights, fire <br /> and police protection which would be made additionally <br /> necessary or desirable on account of the proposed renovation <br /> are none and the expenses therefore are none. <br /> (2) The total project cost of the proposed facilities will be <br /> approximately $300, 000. 00. <br /> (3) The number of jobs to be created by the proposed <br /> facilities would be approximately twelve in the management <br /> of the complex with an unknown number of new employees <br /> involved with new tenants in the renovated facilities. <br /> Mr. Crofoot has been a resident of this area for many years <br /> and has been affiliated with other businesses in the area. The contem- <br /> plated renovation would be done by local contracting firms and would <br /> add to the tax base of the area. A firm commitment to purchase the bonds has <br /> been receivedby the Commission. <br />