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Authorizing the Issurance $7,800,000 Economic development Revenue Notes
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Authorizing the Issurance $7,800,000 Economic development Revenue Notes
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Last modified
4/24/2013 9:48:45 AM
Creation date
4/24/2013 9:48:11 AM
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City Council - City Clerk
City Council - Document Type
Committee Mtg Minutes
City Counci - Date
7/25/1983
Ord-Res Number
7222-83
Bill Number
71-83
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Toutmittu Irpnrt <br />con toe Tummun floundt of t4t Ttv of 6um4 Arnd: <br />Your Committee OF THE WHOLE <br />to whom was referred <br />71 -83 A BILL AUTHORIZING THE ISSUANCE AND SALE OF ECONOMIC <br />DEVELOPMENT REVENUE NOTES OF THE CITY OF SOUTH BEND, INDIANA, <br />FOR THE PURPOSE OF MAKING A LOAN TO BRETHREN CARE OF SOUTH <br />BEND, INC., IN ORDER TO FINANCE CERTAIN COSTS OF ACQUISITION <br />AND CONSTRUCTION OF CERTAIN ECONOMIC DEVELOPMENT FACILITIES; <br />AUTHORIZING EXECUTION OF A LOAN AGREEMENT; PROVIDING FOR THE <br />DELIVERY OF A PROMISSORY NOTE AND THE ASSIGNMENT THEREOF AS <br />SECURITY FOR SAID NOTES; AND AUTHORIZING AN INDENTURE OF <br />TRUST. <br />Respectfully. report that they have examined the matter and that in their opinion THIS BILL SHOULD BE <br />RECOMMENDED TO THE COUNCIL FAVORABLE., AS AMENDED: <br />BY SUBSTITUTION OF A NEW BILL <br />RAY ZIELINSKI <br />Chairman <br />FREN PRESS PUBLISHING CO. <br />
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