Laserfiche WebLink
BARNES a THORNBURG <br /> 1313 MERCHANTS BANK BUILDING 600 1ST SOURCE BANK CENTER FEDERAL BAR BUILDING <br /> II SOUTH MERIDIAN STREET 100 NORTH MICHIGAN 1815 H STREET,N.W. <br /> INDIANAPOLIS, INDIANA 46204 WASHINGTON,D.C.20006 <br /> (3171 638-1313 SOUTH BEND, INDIANA 46601 (2021 955-4500 <br /> (219) 233-1171 <br /> 305 FIRST NATIONAL BANK BUILDING <br /> 301 SOUTH MAIN STREET <br /> ELKHA RT, INDIANA 46516 TWX 810-341-3427 B&T LAW IND <br /> 12191 293-0681 <br /> TELECOPIER(219) 237-1125 <br /> TO CALL WRITER BY HAND DELIVERY <br /> December 11, 1985 <br /> Mrs. Mary Beth Wisniewski <br /> Deputy Clerk <br /> City of South Bend, Indiana <br /> County-City Building <br /> South Bend, Indiana 46601 <br /> Re: Amended Ordinance for City of South Bend <br /> Economic Development Revenue Bonds <br /> (Harrison Management Company Project) <br /> Dear Mrs. Wisniewski: <br /> Enclosed is a copy of the ordinance which was passed <br /> at the December 2 meeting of the Common Council, as well as <br /> twelve copies of an amended ordinance. <br /> This project relates to the financing of a new <br /> facility in the Airport Industrial Park to be leased to <br /> Container Service Corporation. The ordinance which was passed <br /> on December 2 specified an interest rate of 75%, which was <br /> amended from the floor to 78%. The bond purchaser is offering <br /> the more favorable rate, so the amended ordinance sets the rate <br /> back to 75%. The amended ordinance also changes the date of <br /> execution and delivery of the bonds from December 13 to <br /> December 17. <br /> We ask that the amended ordinance be placed on the <br /> agenda for passage at the December 16 meeting of the Common <br /> Council so that this Bond issue may close before year-end. <br /> Very truly yours, <br /> BARNES THORNBURG <br /> Richard W. Mor <br /> RWM/cac t <br /> Enclosure <br /> cc: Kenneth P. Fedder, Esq. <br />