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9712-06 Authorizing the Issuance and Sale of CED Income Tax Rev Bonds to Previously issued and current Outstanding CED Bonds
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9712-06 Authorizing the Issuance and Sale of CED Income Tax Rev Bonds to Previously issued and current Outstanding CED Bonds
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Last modified
10/4/2010 4:04:09 PM
Creation date
11/7/2007 9:24:09 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
10/23/2006
Ord-Res Number
9712-06
Bill Number
68-06
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C.OUN'IY-CITY BUILDING <br />227 W. JEFFERSON BLVD. <br />Sovri-I BEND, INDIANA 46601-1830 <br />PxoNE574/235-9216 <br />Fax 574/235-9928 <br />TDD 574/ 235-5567 <br />CITY OF SOUTH BEND STEPHEN J. LuECI¢, MAYOR <br />DEPARTMENT OF ADMINISTRATION AND FINANCE <br />M. CATHERINE FANELLO <br />CONTROLLER <br />October 4, 2006 <br />Mr. Timothy Rouse <br />South Bend Common Council <br />4"' Floor, County-City Building <br />South Bend, IN 46601 <br />Re: Refinancing of Economic Development Bonds 1997 Series A & Series B <br />Dear Mr. Rouse: <br />The attached ordinance addresses the refinancing of the above mentioned bond. Refinancing this debt <br />allows the city to realize an estimated net savings of $745,000 without extending the payoff year of 2017. <br />I will make a more formal presentation at the appropriately scheduled Personnel & Finance Committee <br />hearing. Thank you for your consideration of this matter. <br />Si rely <br />Catherine Fanell~ <br />City Controller <br />filed in Clerk'S ~f{Ice <br />ACT y ~ 2006 <br />1 p ~EtiD,~ <br />C1TY CLERK, S~' <br />JANICE L HALL LIZ ROWE THOMAS SxARSEK SUSAN WALLACE ROBERTALLEN <br />DIRECTOR DIRECTOR DIRECTOR MANAGER DIRECTOR <br />HUMAN RESOURCES CITY FINANCE BUDGETING LL FINANCIAL REPORTING BENEFITS INFORMATIONTECHNOI,OGY <br />
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