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I TOO COUNTY-CITY BUILDING <br />SOUTH BEND, INDIANA 46601-1830 <br />PHONE 219/ 235-9371 <br />FAx 219/235-9021 <br />TDD 219/ 235-5567 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />COMMUNITY SL ECONOMIC DEVELOPMENT <br />September 5, 2001 joN R. HUNT <br />EXECUTIVE DIRECTOR <br />Ms. Charlotte Pfeifer <br />President, South Bend Common Council <br />435 County-City Building <br />South Bend, Indiana 46601 <br />Re: An Ordinance of the Common Council of the City of South Bend, Indiana, Appropriating <br />the Proceeds Derived from the Issuance of Bonds Heretofore Authorized to be Issued and <br />Designated as "City of South Bend, Indiana, Revenue Bonds, Series 2001 D," for the Purpose <br />of Financing the Costs of Rehabilitation of Property in Connection with the Robert Bosch <br />Corporation Retention Project, Together with Expenses Incidental Thereto, Including <br />Expenses in Connection with the Issuance of the Bond <br />Dear Ms. Pfeifer: <br />Attached for filing please find the above-referenced Ordinance for first reading by the Common <br />Council at its September 10, 2001 meeting. This Ordinance appropriates the proceeds ofthe revenue <br />bonds of the City of South Bend (the "City") in a principal amount not to exceed Five Hundred Ten <br />Thousand and 00/100 Dollars ($510,000). The proceeds of the bonds will be used to provide <br />financing for the costs of acquisition, demolition construction, rehabilitation, and environmental <br />remediation of property acquired by the City and leased to Robert Bosch Corporation ("Bosch"), all <br />in accordance with the terms of the Agreement for the Use and Rehabilitation of Real Property <br />previously entered into by and between the City and Bosch. <br />Bob Case will present this ordinance at the Council meeting, and the Committee meeting. <br />Your favorable consideration is respectfully requested. Please do not hesitate to contact me if you <br />need additional information. <br />Sinc ely, <br />~>ti~ ~ ~~ <br />Donald E. Inks, Director <br />Division of Economic Development <br />_- ~,a r,_ a,,.. <br />;a- R,,, <br />COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL ~C PROGRAM <br />PAMELA C. MEYER DONALD E. INKS MANAGEMENT <br />219/235-9660 219!235-4371 ELIZABETH LEONARD <br />FAx: 219/235-9697 219/235-9371 <br />