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Authorizing Issurance $6,000,000 Economic Development First Mortgage Revenue Bonds - South Bend Forge Inc
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Authorizing Issurance $6,000,000 Economic Development First Mortgage Revenue Bonds - South Bend Forge Inc
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6/4/2013 4:09:34 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
8/13/1979
Ord-Res Number
6622-79
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VOOR, McMICHAEL, ALLEN, FEDDER & HERENDEEN <br />WILLIAM E.VOOR <br />ATTORNEYS 8 COUNSELORS AT LAW <br />AREA CODE 219 <br />GUY H. M. ALLEN EL <br />LLOYD M <br />300 FIRST BANK BUILDING <br />234 -6061 <br />KENNETH P. FEDDER <br />SOUTH BEND, INDIANA 46601 <br />GEORGE E. HERENDEEN <br />ANTHONY D. KOWALS <br />OF COUNSEL: <br />WILLIAM O. JACKSON <br />Members of the South Bend Common Council <br />County -City Building <br />South Bend, Indiana 46601 <br />RE: Industrial Development Revenue Bond <br />SOUTH BEND FORGE, INC. PROJECT <br />Dear Gentlemen: <br />The South Bend Economic Development Commission has received <br />an application from SOUTH BEND FORGE, INC., for the issuance of <br />a revenue bond in the amount of Six Million ($6,000,000.00) Dollars <br />for the acquisition, construction and equipping of real and <br />personal property to be located in Block 2 Phase III of the <br />Airport Industrial Park, South Bend, Indiana. <br />The new facility, which will contain approximately 54,000 <br />square feet, will produce hot forge components, and will create <br />approximately 67 new jobs with an estimated payroll of <br />approximately $1,000,000.00. <br />This is new industry for South Bend. <br />KPF /mb <br />Respectfully yours, <br />TH P. FEDDER <br />ATTORNEY FOR THE SOUTH BEND <br />ECONOMIC DEVELOPMENT COMMISSION <br />AUG 71G7a <br />Irene <br />,k .ti L <br />
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