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Approving Industrial Development Revenue Bonds - Niles Avenue Partnership Project
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Approving Industrial Development Revenue Bonds - Niles Avenue Partnership Project
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5/29/2013 9:56:12 AM
Creation date
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
12/3/1979
Ord-Res Number
6694-79
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VOOR, MCMICHAEL, ALLEN, FEDDER 8 HERENDEEN <br />WILLIAM E XOOR <br />ATTORNEYS 8 COUNSELORS AT LAW <br />GUY H. McMICHAEL <br />LLOYD M. ALLEN <br />300 FIRST BANK BUILDING <br />KENNETH P. FEDDER <br />SOUTH BEND, INDIANA 46601 <br />GEORGE E.HERENDEEN <br />ANTHONY D. KOWALS <br />Members of the South Bend Common Council <br />County -City Building <br />South Bend, Indiana 46601 <br />RE: Industrial Development Revenue Bond <br />NILES AVENUE PARTNERSHIP PROJECT <br />Dear Councilmen: <br />AREA CODE 219 <br />234 -6061 <br />OF COUNSEL: <br />WILLIAM O. JACKSON <br />The South Bend Economic Development Commission has <br />received an application from NILES AVENUE PARTNERSHIP, an <br />Indiana Limited Partnership, for the issuance of a revenue <br />bond in the amount of Seven Hundred Fifty Thousand ($750,000.00) <br />Dollars for the acquisition, improvement, remodeling and <br />development of commercial bulldings located at 411 Esst <br />Jefferson Boulevard and 121 South Niles Avenue, South Bend, <br />Indiana. <br />It is anticipated that approximately twenty -five <br />(25) new jobs will be created, with a_payroll of approximately <br />$250,000.00. <br />KPF /mb <br />Respectfully yours, <br />TH P. FEDDER <br />AT FOR THE SOUTH BEND <br />CONOMIC DEVELOPMENT COMMISSION <br />4 <br />4 <br />
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