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UTH \\ 1 <br /> // =o ; City of South Bend <br /> Joseph E. Kernan, Mayor <br /> Department of Economic Development <br /> Jon R. Hunt Ann E. Kolata <br /> Executive Director Deputy Executive Director <br /> May 15, 1989 <br /> South Bend Common Council <br /> Fourth Floor Council Chambers <br /> 400 County-City Building <br /> South Bend, IN 46601 <br /> Dear Council Member: <br /> The attached bill for your consideration and approval will <br /> appropriate the entire $600, 000 of Section 108 Loan funds plus all <br /> interest earned for use in the West Washington/Chapin Revitaliza- <br /> tion Area. These funds will be used for acquisition, relocation, <br /> clearance, and loan repayment costs. Please note all interest <br /> earned and/or program income received from these activities must be <br /> used to help retire the debt and not for any other purpose until <br /> the loan is repaid. <br /> If you have any questions regarding this bill, please call me. <br /> Sincerely, <br /> \ k„ 0 —Apr <br /> liz, 4eth Leo•ard <br /> Director <br /> Financial and Program Management <br /> cc: Jon Hunt <br /> Betsy Harriman <br /> John March <br /> 1200 County-City Building • South Bend, Indiana 46601 • 219/284-9371 Fax 219/284-9892 <br /> Redevelopment Economic Development Housing Rehabilitation Financial & Program ::Human Rights <br /> Ann Kolata & Business Assistance Kathryn Baumgartner Management Mary E. Allen <br /> 284-9371 Donald Inks 521 Eclipse Place Elizabeth Leonard 284-9355 <br /> 284-9335 284-9475 284-9335 <br />