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VOOR, ALLEN, FEDDER, HERENDEEN 8 KOWALS <br />May 19, 1982 <br />Members of the South <br />Bend Common Council <br />County City Building <br />South Bend, IN 46601 <br />AREA CODE 219 <br />234 -6061 <br />OF COUNSEL: <br />WILLIAM O. JACKSON <br />GUY H. McM ICHAEL <br />Re: Revenue Bond Application (P.A,I. Properties, an Indiana <br />Partnership) Proposed Ordinance <br />Dear Councilmen: <br />The South Bend Economic Development Commission has received <br />an application from P,A,I, Properties for a Revenue Bond in <br />the amount of Three Hundred and Fifty Thousand ($350,000.00) <br />Dollars, to finance the acquisition of Real Estate and the <br />construction of a 21,000 square -foot manufacturing building <br />to be located in Monroe, - Sample Redevelopment Area in South <br />Bend Area, Their business is the manufacturing of retail <br />store fixtures. <br />It is their intention to expand their operations in the South <br />Bend Area, It is also their intention that 28 existing jobs <br />would be retained and 17 new jobs would be created. This <br />would be an approximate additional payroll of Two Hundred <br />Thousand ($200,000.00) Dollars, <br />On January 11, 1982, the Common Council unanimously passed <br />Reso],ution No, 934 -82 for this project, <br />At`tor y for the South Bend <br />Ecno c Development Commission <br />FILED M CLEWS OFFICE <br />KPF ; ram MAY 19198? <br />Irene Gammon <br />CRY Cog, MR BEND, IND. <br />ATTORNEYS 8 COUNSELORS AT LAW <br />WILLIAM E. VOOR <br />300 FIRST BANK BUILDING <br />LLOYD M. ALLEN <br />KENNETH P.FEDDER <br />SOUTH BEND, INDIANA 46601 <br />GEORGE E. HERENDEEN <br />ANTHONY D. KOWALS <br />DAVID M. M.TIGUE <br />May 19, 1982 <br />Members of the South <br />Bend Common Council <br />County City Building <br />South Bend, IN 46601 <br />AREA CODE 219 <br />234 -6061 <br />OF COUNSEL: <br />WILLIAM O. JACKSON <br />GUY H. McM ICHAEL <br />Re: Revenue Bond Application (P.A,I. Properties, an Indiana <br />Partnership) Proposed Ordinance <br />Dear Councilmen: <br />The South Bend Economic Development Commission has received <br />an application from P,A,I, Properties for a Revenue Bond in <br />the amount of Three Hundred and Fifty Thousand ($350,000.00) <br />Dollars, to finance the acquisition of Real Estate and the <br />construction of a 21,000 square -foot manufacturing building <br />to be located in Monroe, - Sample Redevelopment Area in South <br />Bend Area, Their business is the manufacturing of retail <br />store fixtures. <br />It is their intention to expand their operations in the South <br />Bend Area, It is also their intention that 28 existing jobs <br />would be retained and 17 new jobs would be created. This <br />would be an approximate additional payroll of Two Hundred <br />Thousand ($200,000.00) Dollars, <br />On January 11, 1982, the Common Council unanimously passed <br />Reso],ution No, 934 -82 for this project, <br />At`tor y for the South Bend <br />Ecno c Development Commission <br />FILED M CLEWS OFFICE <br />KPF ; ram MAY 19198? <br />Irene Gammon <br />CRY Cog, MR BEND, IND. <br />