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TEACHERS CREDIT UNION _ <br />(219) 232 -8011 823 EAST JEFFERSON BLVD., SOUTH BEND, INDIANA <br />46617 <br />9 �4 <br />ko*to ur Sk November 6, 1978 <br />Area Plan Commission <br />County -City Building <br />South Bend, IN 46601 <br />and <br />South Bend City Council <br />County -City Building <br />South Bend, IN 46601 <br />In Re: 2700 Lincolnway West, Rezoning "B" Residential to <br />"C 1 ".Commercial <br />Ladies and Gentlemen: <br />The Teachers Credit Union seeks the rezoning of this property for <br />. the purpose of constructing a Service Office. The Teachers Credit Union is <br />appreciative of the fact that the objections to rezoning "C 1" Commercial <br />is not based upon the use to which the Teachers Credit Union intends to <br />place the building, but rather on the justifiable fear that once the property <br />is rezoned to "C 1" Commercial that the Teachers Credit Union could sell the <br />building to anyone in conformity with the "C 1" Commercial rezoning. <br />However, the Teachers Credit Union gives the assurances that the Petition <br />For Rezoning is based strictly on the needs of-the Teachers Credit Union and <br />not with any intent in the long foreseeable future to sell the building. <br />The Teachers Credit Union has grown over the years from an inconsequential <br />financial institution to one of the major financial institutions in the <br />area. This growth has been occasioned by its services to the membership and <br />the desire of the Teachers Credit Union to acquire this property as a Service <br />Office is based on its desires to fulfill the needs of its membership in the <br />immediate area. It is the present managements' view that the acquisition of <br />this building will fulfill its needs to serve its members within the immediate <br />area for a period of at least 20 years. <br />GROWTH <br />tau <br />SERVICE <br />- <br />since <br />