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$1,000,000 Economic Development Revenue Bonds Dayton-Hudson Corp
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$1,000,000 Economic Development Revenue Bonds Dayton-Hudson Corp
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Last modified
5/9/2013 9:20:24 AM
Creation date
5/9/2013 8:34:25 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
10/26/1981
Ord-Res Number
6987-81
Bill Number
111-81
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RESOLUTION approving proposed financing <br />of economic development facilities for <br />Dayton- Hudson Corporation <br />WHEREAS the South Bend Economic Development Commission <br />(the "Commission ") has heretofore received an application dated <br />July 10, 1981 (the "Application ") attached hereto as Exhibit A <br />from Dayton- Hudson Corporation, a Minnesota corporation, for <br />financing by the City of South Bend, Indiana (the "City ") of <br />economic development facilities identified in the Application (the <br />"Project "); and <br />WHEREAS the Commission adopted on July 31, 1981 a <br />resolution approving the Application and the financing of costs of <br />the Project through the issuance of bonds of the City in the amount <br />of approximately $2,400,000, or such lesser amount as may be agreed <br />upon; and <br />WHEREAS the information in the Application and said <br />resolution of July 31, 1981 constitute the report on the Project <br />required by Indiana Code 36- 7 -12 -23 (formerly Indiana Code <br />18- 6- 4.5 -16), and the plan commission and school corporation <br />having jurisdiction where the Project is to be located have been <br />furnished the information which comprises such report; and <br />WHEREAS the Commission has held a public hearing on the <br />proposed financing and desires to make a record of this resolution <br />that the proposed financing complies with the purposes and provisions <br />of Indiana Code 36 -7 -12 and to approve the form and terms of such <br />financing; <br />
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