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Authorizing the Issuance and Sale not Exceeding $4,000,000.00 Revenue Bonds - Health Quest Realty V
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Authorizing the Issuance and Sale not Exceeding $4,000,000.00 Revenue Bonds - Health Quest Realty V
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5/13/2013 11:02:03 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
8/24/1981
Ord-Res Number
6954-81
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Lf1JIE&EUM QU[E�U R[EL%LU ll <br />315 West Jefferson Boulevard <br />South Send, Indiana 06601 <br />21 9236-0000 <br />August 6, 1981 <br />Common Council <br />City of South Bend <br />County -City Building <br />South Bend, IN 46601 <br />Dear Members: <br />The proceeds of the sale of Economic Development <br />Revenue Bonds in the principal amount of Four Million <br />Dollars ($4,000,000.00) will be used to acquire and <br />develop the site, construct and equip a 150 -bed nursing <br />home know as Fountainview Place and pay certain project <br />development costs. <br />The health care facility will create 93 new jobs <br />with an annual payroll of $800,000.00. <br />We will provide further details of this project and <br />our organization at the Common Council meeting of August <br />10. <br />TJF /cjd <br />Theodore J. Foti <br />Vice President <br />Corporate Planning & Development <br />REAL ESTATE DEVELOPMENT <br />
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