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Approving the Resolution of the South Bend Economic Development Commission Relating S J Enterprises Project
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Approving the Resolution of the South Bend Economic Development Commission Relating S J Enterprises Project
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3/6/2013 12:59:48 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
12/16/1985
Ord-Res Number
7579-85
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BUTLER & SIMERI <br /> ATTORNEYS AT LAW <br /> 405 WEST WAYNE STREET <br /> SOUTH BEND,INDIANA 46601 <br /> JOSEPH V.SIMERI 219 233-3303 <br /> KEVIN J.BUTLER <br /> November 26 ,1985 <br /> South Bend Common Council <br /> c/o South Bend City Clerk <br /> 4th Floor, County-City Building <br /> South Bend, Indiana 46601 <br /> Gentlemen and Ladies: <br /> Re: South Bend Economic Development Revenue Bonds <br /> Series 1985 (S. J. Enterprises Project) <br /> Enclosed is the proposed Bond Ordinance for the above project <br /> which we ask that the Common Council have introduced at its meet- <br /> ing on December 2 , 1985. We will be requesting a suspension of <br /> rules at that meeting. <br /> The Resolution and Bond Ordinance will authorize the issuance <br /> and sale of bonds in the amount of $505,000 .00 for the above pro- <br /> ject. The proceeds will provide for the financing of the purchase <br /> of land and improvements and equipping real estate at 1134 Lincoln- <br /> way East and 1320 North Ironwood Drive, South Bend, Indiana. The <br /> project will provide for approximately 12 new permanent jobs for <br /> the South Bend area with an additional annual payroll of approxi- <br /> mately $180 ,000 .00. <br /> We thank you for your consideration in this matter. <br /> Since <br /> . :\ -- <br /> Kevin J. Butler <br /> KJB:blb <br /> Enclosures <br /> cc: Mr. David Kuyers <br /> Mr. Louis C. Chapleau <br /> Mr. Kenneth P. Fedder <br />
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