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Authorizing the Issuance of $985,000.00 Economic Development Revenue Bonds Center City Housing Project
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Authorizing the Issuance of $985,000.00 Economic Development Revenue Bonds Center City Housing Project
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4/3/2013 2:01:38 PM
Creation date
4/3/2013 1:58:41 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
8/13/1984
Ord-Res Number
7361-84
Bill Number
78-84
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T antmttIrr Irvart <br />(To t4c (iommm Tom% of tier fluty of 0ouo Alen&. <br />Your Committee OF THE WHOLE <br />to whom was referred <br />78 -84 A BILL AUTHORIZING THE ISSUANCE OF $985.000.00 ECONOMIC <br />DEVELOPMENT REVENUE BONDS CENTER CITY HOUSING PROJECT) OF THE <br />CITY OF SOUTH BEND, INDIANA FOR THE PURPOSE OF FUNDING A LOAN <br />TO CENTER CITY HOUSING, AND INDIANA LIMITED PARTNERSHIP, IN <br />ORDER TO FINANCE THE ACQUISITION AND CONSTRUCTION OF CERTAIN <br />REAL ESTATE AND ECONOMIC DEVELOPMENT FACILITIES LOCATED <br />WITHIN ST. JOSEPH COUNTY, INDIANA,FOR USE BY CENTER CITY <br />HOUSING: AUTHORIZING EXECUTION OF THE FINANCING AGREEMENT, AN <br />INDENTURE OF TRUST APPROPRIATE FOR THE PROTECTION AND <br />DISPOSITION OF THE REVENUES FROM THE FINANCING AGREEMENT: AND <br />AUTHORIZING THE TERMS AND SALE OF SAID BONDS. <br />Respectfully report that they have examined the matter and that in their opinion THIS BILL SHOULD BE <br />RECOMMENDED TO THE COUNCIL FAVORABLE. <br />Joseph T. Serge <br />Chairman <br />FREE PRESS e0jeBrW PUBLISHING CO. <br />
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