Laserfiche WebLink
BAKER & DAl~II~I,S <br />EST. 1863 <br />FIRST BANK BUILDING • 205 W. JEFFERSON BOULEVARD, SUITE 250 • SOUTH BEND, INDIANA 46601 • (219) 234-4149 • FAX (219) 239.1900 • www.bakerdaniels.com <br />RANDOLPH R. ROMPOLA <br />DIRECT (219) 239-1926 <br />e-mail: rrrompolv~bakerd.com <br />September 20, 2001 <br />Ms. Charlotte Pfeifer <br />President, South Bend Common Council <br />435 County-City Building <br />South Bend, Indiana 46601 <br />Re: <br />Dear Ms. Pfeifer: <br />Substitute Ordinances <br />INDIANAPOLIS <br />FORT WAYNE <br />SOUTH BEND <br />ELKHART <br />WASHINGTON, D.C. <br />QINGDAO, P. R. CHINA <br />via Hand Delivery <br />Attached please find substitute ordinances for filing to replace those previously filed <br />in connection with the Bosch Project which are titled as follows: <br />An Ordinance of the Common Council of the City of South Bend, Indiana <br />Authorizing the Issuance of Revenue Bonds to Evidence a Loan from the Business <br />Development Corporation of South Bend, Mishawaka, St. Joseph County, Indiana, <br />Relating to the Robert Bosch Corporation Retention Project(the "BDC Ordinance"); <br />An Ordinance of the Common Council of the City of South Bend, Indiana <br />Authorizing the Issuance of Revenue Bonds to Evidence a Loan from the Industrial <br />Development Fund of the State of Indiana Relating to the Robert Bosch Corporation <br />Retention Project (the "IDLF Ordinance"); and <br />An Ordinance of the Common Council of the City of South Bend, Indiana <br />Authorizing the Issuance of Revenue Bonds to Evidence a Loan from the Industrial <br />Revolving Fund of South Bend, Indiana, Relating to the Robert Bosch Corporation <br />Retention Project(the "IRF Ordinance"). <br />The IDLF Ordinance was changed to make clear that the pledge of the revenues to <br />be received from the Bosch Corporation is junior to the pledge made in connection with the BDC <br />Loan and the IRF Loan (which are to be on parity with each other). The BDC Ordinance and the IRF <br />Ordinance have been changed to make a more specific reference to the action taken by the South <br />Bend Redevelopment Commission to indicate its agreement to consider in the future, if necessary, <br />::ODMA~MI-IODMA~.SBIMAN 1;104953;1 <br />