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South Bend Redevelopment Commission <br />Regular Meeting - July 15, 1994 <br />4. COMMUNICATIONS <br />There were no Communications. <br />5. OLD BUSINESS <br />Ms. Auburn noted that Mr. Cierzniak requested <br />permission to speak in response to Mr. <br />Faccenda's remarks made at the June 24 meeting. <br />JIM CIERZNIAK: On Friday, June 24, the <br />South Bend Tribune had an article, headlined <br />"Fuji Financing Expected to Draw Flack". There <br />were a couple of paragraphs that caught my <br />attention. They were comments by Commissioner <br />Faccenda. I'll read them. <br />Without the earlier remonstrance of Hall foes, the <br />City might not have needed to obtain a letter of <br />credit for the project. Without the unprecedented <br />obstructions to the project we could have sold the <br />bonds several months ago and saved a couple of <br />percentage points on the interest rate. Our <br />opponents have cost the city a great deal of <br />money. <br />Mr. Cierzniak continued: I was very surprised to <br />read those comments because I couldn't imagine <br />anything that we had done (or those of us who are <br />opponents of the Hall) in the two months between <br />March and the time of this article that would have <br />held up the bond issue. I wrote this letter to Mr. <br />Faccenda. I'll read the last three paragraphs. <br />I thought that your charges at the June 24 <br />meeting were inaccurate, mean spirited and <br />gratuitous. Why you picked that time and place <br />to attack those of us who have opposed this <br />"white elephant in the making" remains puzzling <br />to me. I want you to explain your remarks with <br />-4- <br />THERE WERE NO COMMUNICATIONS <br />MR. CIERZNIAK RESPONDED TO <br />COMMISSIONER FACCENDA'S REMARKS <br />MADE AT NNE 24, 1994 MEETING <br />