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Business Name: South Bend Date of Application: <br /> Redevelopment <br /> Commission <br />Applicant 227 W. Jefferson <br />Address: <br /> #1200 <br /> South Bend, IN 46601 <br />Contact Person: Ann Kolata <br />Phone: 574-235-9374 <br />Fax: 574-235-9021 Email: <br />Applicant EIN: 35-6001201 Social Security <br /> Number (if applicable): <br />Bank Name: 1St Source Bank Bank Phone: <br />Bank Address: 315 N. Michigan Street <br /> South Bend, IN 46601 <br />December 18, 2009 <br />akolata southbendin.gov <br />N/A <br />574-235-2000 <br />Amount of Loan up to $660,000 ** Loan Term: 10 years <br />Requested: <br />Loan Puroose (brief descriotionl: <br />Loan and sub-grant proceeds will be used to pay for the environmental remediation of Recognized <br />Enviornmental Conditions (RECs) and Asbestos Containting Materials (AGMs) at the former <br />Studebaker foundry. Specifications are currently being prepared for demolition of the 568,000 <br />square foot building. Loan and sub-grant funds will be used in conjunction with other funds as part <br />of the demolition project. <br />The Redevelopment Commission is requesting that they receive a subgant of $160,000 and a loan <br />of up to $500,000. On a previous project U.S. EPA agreed with the City's determination that the <br />Redevelopment Commission is a spearate legal entity from the City of south Bend and is eligible for <br />a subgrant. <br />Source of <br />t: <br />City of South Bend Page 1 of 3 Final Application <br />