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Industrial Development Revenue Bonds - South Bend Lathe Inc
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Industrial Development Revenue Bonds - South Bend Lathe Inc
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6/4/2013 9:39:24 AM
Creation date
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
9/10/1979
Ord-Res Number
6640-79
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WILLIAM E . VOOR <br />GUY H. M<MICHAEL <br />LLOYD M.ALLEN <br />KENNETH P. FEDDER <br />GEORGEE.HERENDEEN <br />ANTHONY D. KOWALS <br />VOOR, MCMICHAEL, ALLEN, FEDDER 8 HERENDEEN <br />ATTORNEYS 8 COUNSELORS AT LAW <br />300 FIRST BANK BUILDING <br />SOUTH BEND, INDIANA 46601 <br />Members of the South <br />County -City Building <br />South Bend, Indiana <br />Bend Common Council <br />46601 <br />RE: Industrial Development Revenue Bonds <br />Application - SOUTH BEND LATHE, INC., <br />an Indiana Corporation, PROJECT <br />Dear Gentlemen: <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 the SOUTH BEND LATHE, INC., an <br />Indiana Corporation, for Nine Hundred Fifty Thousand <br />($950,000.00) Dollars, for the reconstruction and improvement <br />of facilities located at 400 West Sample Street, South Bend, <br />Indiana, 46621 in the amount of Six Hundred Fifty Thousand <br />($650,000.00) Dollars, and to purchase new equipment in the <br />amount of Three Hundred Thousand ($300,000.00) Dollars. <br />The new facility will be used by SOUTH BEND LATHE, <br />INC., for their operation and it is anticipated that <br />approximately nine (9) new jobs will be created, with an <br />estimated payroll of approximately One Hundred Forty -Nine <br />Thousand ($149,000.00) Dollars. <br />The property is zoned commercial. <br />Very truly yours, <br />NNE <br />TH P. FEDDER <br />TTORNEY FOR THE ECONOMIC <br />DEVELOPMENT COMMISSION <br />KPF /mb <br />
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