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®®�pt]T#18 v 144 <br /> s .'d <br /> s H \\ '�:x °s CITY of SOUTH END <br /> i U �`e∎'.': E� do ROGER O. PARENT, Mayor <br /> 444 r :X866}e° <br /> ®aas°® <br /> Economic Development Commission Alice Neddo <br /> Staff Administrator <br /> Jerry Hammes,President April 24, 1985 230 W. Jefferson Boulevard <br /> Walter Szymkowiak, Vice President 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, IN46601 <br /> Re : Hoffman Brothers Auto Electric, Inc . - Proposed Ordinance <br /> Dear Councilmen: <br /> On December 14, 1972, the Economic Development Commission and the <br /> South Bend Common Council caused to be issued a City of South Bend <br /> Revenue Bond in the amount of $110, 000 . 00 . This Bond was subsequently <br /> assigned with the approval of the Commission and the Council to Rubin <br /> Hoffman, Sara Lillian Hoffman and Elsie Hoffman, the original Guarantors <br /> on the Bond. <br /> The purpose of this Ordinance is to further assign this Bond, which is <br /> on a current basis as to payment to Bondholders , to Hoffman Brothers <br /> Auto Electric, Inc . , who has assured the continuation of the business <br /> activities originally contemplated by the Bond in our Community. The <br /> Commission and the Bondholders have already given their consent to the <br /> Assignment. <br /> Youyfavorable action on the passage of the Ordinance will be appreciated. <br /> R- -pectfu 4 , <br /> Or <br /> ) 1 4 / <br /> N T P . FEDDER <br /> Aktorn-y for the South Bend <br /> Ec. .' is Development Commission FILED IN CLERK'S OFFICE <br /> KPF :ram <br /> APR 2 4 1985 <br /> IRENE GAMMON <br /> CITY CLERK, SO. BEND, IN <br />