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SppTH g 0,' <br /> l /l <br /> //,r I <br /> / /r. /, City of South Bend <br /> 11111�� '8C. / Joseph E. Kernan, Mayor <br /> Department of Administration and Finance <br /> Katherine Humphreys, Director <br /> July 6, 1988 <br /> Mr. John Voorde <br /> President <br /> South Bend Common Council <br /> 4th Floor County-City Bldg. <br /> South Bend, IN 46601 <br /> Dear Mr. Voorde: <br /> The enclosed ordinance is being filed for appropriate action at <br /> the July 11, 1988 Council meeting. <br /> • <br /> The ordinance relates to the City' s need to secure a temporary <br /> loan to meet operating expenses through December 31, 1988. This loan <br /> is in anticipation of and not in excess of current taxes levied in <br /> 1987 and collectable in 1988. All provisions of the ordinance are in <br /> conformance with the relevant State statutes that define the process <br /> to be used by cities. <br /> I will look forward to discussing the ordinance with Council <br /> Since,ely, n <br /> erine Humphr=4, <br /> Director, Administration <br /> and Finance <br /> KH/rs <br /> Enclosure <br /> County-City Building • South Bend, Indiana 46601 • 219/284-9742 Fax 219/284-9892 <br /> Catherine A. Hubbard John D. Leisenring Lori Schur Jimmy Scott <br /> Personnel Coordinator Chief Deputy Controller Data Processing Safety Director/E.E.O. Officer <br /> 284-9124 284-9483 284-9911 284-9890 <br />