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Authorizing Assignment Interests of max Koenig and Irving Rosenberg $350,000 Economic Development Revenue Bond to Memorial Health Properties
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Authorizing Assignment Interests of max Koenig and Irving Rosenberg $350,000 Economic Development Revenue Bond to Memorial Health Properties
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Last modified
4/18/2013 9:22:53 AM
Creation date
4/18/2013 9:09:23 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
1/23/1984
Ord-Res Number
7290-84
Bill Number
3-84
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\J .t t a r t � dd Y � .Y � r � yt rr � .' • {; ; 7 Y Z } <br />X i , j 1 r, �.y Z .,� vim• <br />national- ban <br />VU of South Bend <br />112 W. JEFFERSON BLVD., P.O. BOX 1512, SOUTH BEND, INDIANA 46634 • PHONE (219) 237 -3300 <br />,.November 14, 1983 <br />Fq <br />South Bend Economic Development Commission <br />c/o Jerry Hammes, President <br />Chamber of Commerce Building <br />South Bend, -IN 46601 <br />Re: South Bend Economic Development <br />Revenue Bond, Dated September 1, 1976 <br />(Michiana Wholesale, Inc. Issue) <br />Gentlemen: <br />The National Bank and Trust Company of South Bend, South Bend, Indiana, <br />is the sole bond holder for the above - referenced issue. This bank also <br />acts as trustee for this issue. As bond holder and trustee, we have been <br />advised that Max Koenig and Irving Rosenberg intend to assign all right, <br />title, and interest under the lease and trust indenture for this project to <br />Memorial Health Properties, Inc. <br />Please accept this letter that The National Bank and Trust Company, as <br />bond holder and trustee, consents to the proposed assignment. Our approval <br />is subject to the condition that this assignment will not excuse or <br />relieve Max Koenig or Irving Rosenberg from any duties or obligations <br />agreed to, or convenanted in, the original lease and trust indenture. <br />If you have any questions concerning this consent, please do not <br />hesitate to contact me. <br />PLS: c.1 <br />THE NATIONAL BANK & TRUST COMPANY <br />OF TH BEND'; INDIANA <br />By: Paul L. Sehnert, Jr. <br />Vice President and Trust Officer <br />-1 "1TT T- " <br />
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