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Weltek Inc $550,000 Economic Development Revenue Bond
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Weltek Inc $550,000 Economic Development Revenue Bond
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Last modified
4/29/2013 2:42:13 PM
Creation date
4/29/2013 2:11:16 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
3/14/1983
Ord-Res Number
7171-83
Bill Number
18-83
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CONSENT TO- <br />.ASSIGNMENT <br />The South Bend Economic Development Commission and the <br />City of South Bend hereby consent to the assignment of the <br />right, title, interest, duties, liabilities, and responsibili- <br />ties of Weltek, Inc., under the terms and conditions of a docu- <br />ment entitled "Loan Agreement and Trust Indenture" executed on <br />July 26, 1979, and all other documents executed in connection <br />with a City of South Bend, Indiana Industrial Development Bond, <br />Weltek, Inc., 1979 Project, and of the transfer by Weltek, Inc. <br />of its right, title, and interest to certain real property pur- <br />chased in connection with said bond issue and certain of the <br />property thereon to Oswald Development and Investment Company, <br />an Indiana partnership. - <br />SOUTH BEND-ECONOMIC DEVELOPMENT <br />COMMISSION <br />CITY OF SOUTH BEND, INDIANA <br />By <br />Roger Parent, Mayor <br />Attest <br />Irene Gammons, City Clerk <br />
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