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Authorizing the Issuance & Sale of Bonds for Payment of Judements Aganist the City
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Authorizing the Issuance & Sale of Bonds for Payment of Judements Aganist the City
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Last modified
4/25/2013 8:57:23 AM
Creation date
4/25/2013 8:49:27 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
8/8/1983
Ord-Res Number
7230-83
Bill Number
81-83
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CITY ®f SOUTH BEND <br />ROGER O. PARENT, Mayor <br />COUNTY -CITY BUILDING SOUTH BEND, INDIANA 46601 <br />Joseph E. Kernan p 219/284 -9742 <br />Director, Administration and <br />Finance July 18, 19$3 <br />South Bend Common Council <br />4th Floor, County -City Building <br />South Bend, Indiana 46601 <br />Dear Members of the Council: <br />The attached bill would authorize the issuance and sale of a <br />Judgment Funding Bond in the amount of $155,000.00 for the <br />purpose of paying two judgments previously rendered against the <br />City. <br />The City has no other funds available to pay these judgments and <br />I am, therefore, requesting your favorable consideration of this <br />bill. <br />Should you have any questions about this bill or the process <br />required to issue these bonds, please feel free to contact City <br />Attorney Richard L. Hill with any questions you may have. <br />Sincerely, <br />o!� <br />oseph E. Kernan <br />City Controller <br />JEK:elc <br />Attachment <br />
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