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----------- <br /> ------------ <br /> A COMPLETE GRAPHIC ARTS SERVICE UNDER ONE ROOF <br /> April 13 , 1971 <br /> Economic Development Commission <br /> City of South Bend <br /> South Bend, Indiana <br /> Attn: Mr. Karl King, President <br /> Dear Mr. King: <br /> As you know our Firm has served the City of South Bend and the <br /> metropolitan area for more than 50 years . Most of that time we have <br /> been tenants in our present location. Now due to urban renewal we <br /> are being forced to move to a new location. We have carefully surveyed <br /> available properties in the City of South Bend for a new site for our <br /> business because of our great desire to remain in this City. <br /> Unfortunately the only properties we have found, which meet our needs <br /> and are available for lease, are located in other cities within our <br /> marketing area. If we are forced to accept one of these properties <br /> outside South Bend it will mean that the majority of our sixty-plus <br /> employees will be forced to relocate their homes, a situation we would <br /> like to prevent. Federal funds from the Small Business Administration <br /> which might assist us to purchase a building are not available because <br /> of a recent change in our majority stock ownership. <br /> This then brings me to the purpose of this letter. We have located a <br /> building presently owned by White Farm Equipment Company on Arnold Street <br /> at the intersection with Dunham, which would meet our needs quite <br /> adequately but is for sale for the sum of $120,000.00, not for lease. <br /> We are prepared to enter into a fifteen year lease which would liquidate <br /> the principal and pay the effective interest during the course of the <br /> term. We, therefore, respectfully petition your Commission to purchase <br /> this White Farm Equipment Company building and lease it to us for a <br /> term of fifteen years. <br /> We will be pleased to supply any supporting materials you may desire to <br /> enable you to favorably rule on our petition. <br /> 211 service court <br /> south bend, indiana 46601 Very truly yours, <br /> telephone 219/233-1151 R /J 1_1'_� ` % C'Z/- <br /> Michael Infalt <br /> Executive Vice President <br />