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Authorizing City Issue Economic Development Revenue Bonds (Mittler Supply Inc) $400,000.00
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Authorizing City Issue Economic Development Revenue Bonds (Mittler Supply Inc) $400,000.00
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Last modified
3/18/2013 3:09:46 PM
Creation date
3/18/2013 3:09:44 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
5/28/1985
Ord-Res Number
7463-85
Bill Number
47-85
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pr'' ,'' CITY of SOUTH BEND <br /> L� \�EACE� , el / <br /> w ® ROGER O. PARENT, Mayor <br /> 0® 1865`o® <br /> ®®®eao®® <br /> Economic Development Commission Alice Neddo <br /> Staff Administrator <br /> Jerry Hammes,President May 8 1985 230 W.Jefferson Boulevard <br /> Walter Szymkowiak,Vice President y , P.O.Box 1677 <br /> Walter A.Mucha,Secretary South Bend,Indiana <br /> Kenneth P.Fedder,Counsel 46634-1677 <br /> Alice Neddo,Asst.Sec. (219)234-0051 <br /> Members of the South Bend <br /> Common Council <br /> County-City Building <br /> South Bend, IN 46601 <br /> Re : Mittler Supply, Inc . Project - Proposed Ordinance <br /> Dear Councilmen: <br /> The South Bend Economic Development Commission, during 1984, <br /> requested, and the Common Council by Ordinance authorized, a <br /> revenue bond issue for Mittler Supply, Inc . The financing <br /> documents for the original bond transaction authorized the City <br /> of South Bend to issue additional revenue bonds if it were deemed <br /> necessary. <br /> It has now been ascertained that, because of cost overrun on the <br /> original project, an additional $400, 000. 00 is necessary. The <br /> Proposed Ordinance is to authorize the City of South Bend to <br /> issue the additional revenue bonds in the amount of $400, 000. 00 . <br /> Your .vorable action on this Ordinance would be greatly appreciated. <br /> R- speptfully, <br /> 1 <br /> 41. <br /> KE +!,- ' . FEDDER <br /> At, orne for the South Bend <br /> Ecr • e is Development Commission <br /> KPF :ram , <br />
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