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The matter of Metal Stamp, Inc.
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The matter of Metal Stamp, Inc.
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5/2/2017 11:29:14 AM
Creation date
5/2/2017 11:29:13 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
8/14/1972
Ord-Res Number
321-72
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CITY OF SOUTH BEND <br /> South Bend, Indiana 46601 <br /> Jerry J. Miller <br /> June 23, 1972 <br /> Mayor <br /> ECONOMIC DEVELOPMENT <br /> COMMISSION OF SOUTH BEND <br /> y <br /> ti <br /> Mr. Frank Miles, President <br /> Area Plan Commission <br /> County-City Building <br /> South Bend, Indiana <br /> Dear Mr. Miles: <br /> We have an application for an industrial revenue bond issue for <br /> Metalstamp, Inc. at Walkerton, Indiana. Mr. Robert W. Klotz, <br /> President and Treasurer, and Mr. Ernest Zeller, Vice President <br /> and Secretary, desire to build a 13, 750 square foot all-steel plant <br /> building on a fifteen acre tract of land located on Indiana Highway <br /> #23 south of town in Greene Township. They will be equipping <br /> the building with several_ large presses to handle heavy and high <br /> volume stamping work. They will employ an additional ten to <br /> fifteen people to their present thirty, and may increase that to <br /> fifty additional employees within a few years. <br /> The utility needs of the new plant shou4d cause no additional burden <br /> to the County for service. �:ccording to Mr. Klotz and Mr. Zeller, they <br /> will provide their own water and sewage by well and septic system. <br /> They believe that police and fire protection will be adequately pro- <br /> vided by the now existing County authorities. <br /> The amount of application for the industrial revenue bond issue <br /> to finance the project is $250, 000. 00. The National Bank and <br /> Trust Company of South Bend have indicated their desire to <br /> purchase these bonds. <br /> -r <br />
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