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November 2', 1985 <br />12:00 Noon <br />Presiding Officer: <br />1. ROLL <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />SPECIAL SCHEDULED MEETING <br />Mr. F. Jay Nimtz <br />President <br />1200 County -City Building <br />227 W. Jefferson Boulevard <br />South Bend, Indiana 46601 <br />MemberE <br />Present: <br />Mr. <br />F. Jay Nimtz, President <br />Ms. <br />Paula N. Auburn, Vice - President <br />Mr. <br />Roman J. Piasecki, Secretary <br />Mr. <br />Michael Doncho, Assistant Secretary <br />Mr. <br />Sandy Combs, Member <br />Legal Counsel: <br />Ms. <br />Eugenia Schwartz <br />Mr. <br />Richard Hill <br />Redevelopment <br />Staff: <br />Mrs. <br />Ann Kolata, Executive Deputy Director <br />Ms. <br />Loren Rooney, Econ. Dev. Specialist <br />Ms. <br />Denise Sullivan, Office Manager <br />News <br />dia: <br />Ms. <br />Judy Bradford, South Bend Tribune <br />Mr. <br />Kevin Burke, WNDU -TV <br />Others: <br />Mayor Roger O. Parent <br />Mr. <br />Michael Vance, City Controller <br />Mr. <br />Richard Treptow, Springsted, Inc. <br />Mr. <br />Fred Kahn, Merrill Lynch <br />Mr. <br />Lucky Reznik, lst Source Bank <br />Mr. <br />Robert Magor, lst Source Bank <br />Mr. <br />Richard Greulich, City Securities <br />Mr. <br />William Rozycki, National Bank <br />2. NEW BU <br />INESS <br />The Chair recognized Mr. Michael Vance, City <br />Controller. Mr. Vance noted that the <br />Commis ion had received four bids relating to <br />the Ta Incremental Bond Issue sale. He <br />opened and read the following bids: <br />Bidder <br />Merril] <br />1 st Sol <br />E. F. HL <br />City SE <br />Net % Net <br />Cost Effective Rate <br />Lynch Capital Markets $4,379,216.92 8.3097% <br />•ce Bank $4,637,600.00 8.80% <br />ton $4,396,033.33 8.3416% <br />!unities Corp. $4,480,257.09 8.5014% <br />