Laserfiche WebLink
JERRY P. BELKNAP <br />ROBERT S. ASHBY <br />LOUIS A. HIGHMARK <br />JOHN W. HOUGHTON <br />WARREN E. McGILL <br />WARREN A. DEAHL <br />JOHN L. CAREY <br />GEORGE J. ZAZAS <br />THOMAS L. MURRAY <br />JOHN R. HARMAN <br />HOWARD J. CO FIELD <br />RICHARD M.TRECKELO <br />EUGENE C. MI LLER, JR. <br />WILLIAM J. REINKE <br />RICHARD E. DEER <br />EDWARD J. GRAY <br />ROBERT E.HIGHFIELO <br />DANIEL W. RUDY <br />JACK C. DUN FEE, JR. <br />HENRY J. PRICE <br />HERBERT C. SNYDER, JR. <br />JAMES A. MCDERMOTT <br />SHIRLEY A. SHIDELER <br />ROBERT H. REYNOLDS <br />CHARLES E. BRUESS <br />WILLIAM R. COFFEY <br />BRUCE R. BANCROFT <br />JOHN T. MU LV IHILL <br />FRANKLIN A. MOR E 11 <br />STEPHEN A. SEALL <br />G0RDON S. ESLI CK <br />RICHARD E. ST El NBRONN <br />JOHN A. BURGESS <br />H. KENT HOWARD <br />ROBERT P.JOHNSTONE <br />TOM CHARLES HUSTON <br />JAMES A. STRAIN <br />GEORGE H. BAKER <br />TONI SUE AX <br />R. MICHAEL PARKER <br />NELSON J. VOGEL, JR. <br />ROGER W. BENKO <br />DAVID R. MELTON <br />BRIAN J. LAKE <br />BRYAN G. TABLER <br />DANIEL H. FITZGIBBON <br />STEPHEN K. SMITH <br />RICHARD W. MORGAN <br />MICHAEL R. FRUEHWALD <br />EDWARD 0. DELANEY <br />CYM H. LOWELL <br />JERRY E. HYLAND <br />SAMUEL S. THOMPSON <br />BRUCE R. KARR <br />DONALD E. KNEBEL <br />WAYNE C. KREUSCHER <br />KRISTIN G. FRUEHWALD <br />DANIEL W. McGILL <br />KENT E.AGNESS <br />MICHAEL R. CONNER <br />CLAUDIA V. SWHIER <br />ROBERT K. BELLAMY <br />CATHERINE L. BRIDGE <br />RICHARD D. CONARD <br />LARRY J. STROSLE <br />MICHAEL ROSIELLO <br />Ms. Irene Gammon <br />City Clerk <br />County -City <br />South Bend, <br />BARNES & THORNBURG <br />SIXTH FLOOR, IST SOURCE BANK CENTER <br />100 NORTH MICHIGAN <br />SOUTH BEND, INDIANA 46601 <br />TELEPHONE TELECOPIER <br />(219) 233 -1171 (219) 237 -1125 <br />TWX 810-341 -3427 B &T LAW IND <br />1313 MERCHANTS BANK BUILDING <br />INDIANAPOLIS, INDIANA 46204 <br />(317) 638-1313 <br />FIRST NATIONAL BANK BUILDING <br />301 SOUTH MAIN STREET,SUITE 305 <br />ELKHART, INDIANA 46516 <br />(219) 293 -0681 <br />Building <br />Indiana 46601 <br />SUITE 200 <br />2000 L STREET, N.W. <br />WASHINGTON, D. C. 20036 <br />(202) 296 -2630 <br />February 23, 1983 <br />OF COUNSEL <br />ALAN W. BOYD <br />CHARLES M. WELLS <br />THOMAS M. SCANLON <br />JAMES F. THORNSURG <br />FREDERIC D.ANDERSON <br />LESTER IRONS <br />LYNN BRUNDAGE <br />STEPHEN W.LEE <br />DAVID A. HAIST <br />STANLEY C. FICKLE <br />WILLIAM I. KOHN <br />A. JAMES RICHARDSON <br />ERNESTJ.SZARWARK <br />PAUL E. BECHER <br />JAMES E. MAHONEY <br />DAVID M. POWLEN <br />EDWIN S. WAINSCOTT <br />MICHAEL P. LUCAS <br />DAVID L. SWIDER <br />RENEE R. MAWHINNEY <br />JOHN P. GREELEY <br />MARCUS B. CHANDLER <br />DAVID F. SNIVELY <br />JOHN J. KISH <br />DOUGLAS P. LONG <br />STEPHEN L. SMITH <br />JOHN M. KYLE III <br />JAMES A. COLES <br />MILDRED L. CALHOUN <br />JOHN C. ROTH HAAR <br />LESTER M. PONDER <br />DONALD D. EVENSON <br />THOMAS P. JENKINS <br />EVERET F. SMITH <br />JOHN J. METTS <br />PHILIP J. FACCENDA <br />DOUGLAS K. DIETERLY <br />SANDRA J. LONG <br />DOUGLAS E. STARKEY <br />ROBERT J. SMITH, JR. <br />CONNIE M. MCKEAN <br />BRUCE B. MARR <br />JEFFREY J. TONNER <br />GREGORY L. KELLY <br />PATRICK J. O'NEIL <br />MARK R.WENZEL <br />JAMES B. LOOTENS <br />NANCY L. MARSHALL <br />ANNE N. DEPREZ <br />RICHARD A. COHEN <br />DONALD E. C. LEICHT <br />E. VICTOR INDIANO <br />ALAN A. LEVIN <br />FRANK SULLIVAN,JR. <br />KENNETH R.PETRINI <br />KENNETH H. INSKEEP <br />KATHLEEN K. BRICKLEY <br />ALAN K. MILLS <br />JOSEPH W. REBONE <br />• NOT ADMITTED IN INDIANA <br />TO CALL WRITER DIRECT <br />Dear Ms. Gammon: <br />I am enclosing herewith a copy of an Ordinance which I <br />wish to have considered at the next regularly scheduled meeting <br />of the Common Council of the City of South Bend, Indiana. <br />The purpose of this Ordinance is to allow the transfer <br />of the rights, duties, liabilities, title, interest, and responsi- <br />bilities of Weltek, Inc. under an Economic Development Revenue <br />Bond issued by the City of South Bend, Indiana, to Oswald Develop- <br />ment and Investment Company, an Indiana partnership. The bond in <br />question was issued on July 26, 1979. Since then, Weltek, Inc. <br />has been adjudicated a bankrupt and is no longer able to fulfill <br />its duties under the terms and conditions of the bond documents. <br />Oswald Development and Investment Company, an Indiana partner- <br />ship, has offered to acquire the right, title, interest, duties, <br />liabilities, and responsibilities of Weltek, Inc. under the terms <br />and conditions of the bond and the documents signed in connection <br />therewith. The Trustee of the bonds and 100 percent of the <br />bondholders, as well as the South Bend Economic Development <br />Commission, have approved the assignment in question, and we <br />respectfully request the consent of the City of South Bend, <br />Indiana, to this action. <br />Sincerely yours, <br />BARNES /& T/HJJORNBURG / <br />Ernest J. Szarwark <br />EJS:kav <br />Enclosure <br />