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BILL NO. <br /> ORDINANCE NO. <br /> AN ORDINANCE APPROPRIATING $100,000 <br /> FROM A.E. PISTONS LOAN REPAYMENTS <br /> TO BE USED AS A TRAINING GRANT <br /> TO A.E. PISTONS. <br /> STATEMENT OF PURPOSE AND INTENT: <br /> In order to provide funds for a training grant agreement <br /> entered into on February 11, 1988, this appropriation is necessary. <br /> NOW, THEREFORE, BE IT ORDAINED by the Common Council of the <br /> City of South Bend, Indiana: <br /> SECTION I. The sum of $100, 000 is hereby appropriated from the <br /> Economic Development State Grants fund (fund 210) as set forth <br /> below: <br /> To Amount <br /> A.E. Pistons $100, 000. 00 <br /> SECTION II. No costs will be incurred or funds expended for <br /> any activities in this ordinance unless in accordance with the <br /> Investment Incentive Fund Training Grant Agreement dated February <br /> 11, 1988, between A.E. Pistons, Inc. and the City of South Bend, <br /> Indiana. <br /> SECTION III. This ordinance shall be in full force and effect <br /> from and after its passage by the Common Council and approval by <br /> the Mayor. <br /> Membe of the Common Counci---- <br /> EL:ml/e <br />