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JOSEPH V. SIMERI <br />KEVIN J. BUTLER <br />MF.r.AN E K. MORGAN <br />BUTLER & SIMERI <br />ATTORNEYS AT LAW <br />405 WEST WAYNE STREET <br />SOUTH BEND, INDIANA 46601 <br />219 233 -3303 <br />October 17, 1984 <br />South Bend Common Council <br />4th Floor, County -City Building <br />South Bend, Indiana 46601 <br />Ladies and Gentlemen: <br />Re: South Bend Economic Development Revenue Bonds <br />South Bend Industrial Associates Project <br />Enclosed is a form of Bond Ordinance for the above project. We <br />ask that this Ordinance be placed on your agenda for first reading <br />at your meeting on October 22, 1984. <br />The purpose of this Bond Project is to provide financing by the <br />City of South Bend for development of 60,000 square feet of office, <br />light industrial, warehouse, and storage space on property located <br />in Phase III of the Airport Industrial Park. The cost of the Project <br />will be approximately $2,000,000.00 and we anticipate that 38 new <br />permanent jobs will be created with an annual payroll of approximately <br />$500,000.00. <br />Thank you for your consideration of this matter. <br />Sincerely, <br />Kevin J. Butler <br />KJB:blb <br />Enclosure <br />cc: Mr. Kenneth P. Fedder <br />Mr. John T. Phair <br />