My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Appropriating proceeds from the issuance of bonds authorized to be issued and designated as Series 2001E, for Bosch
sbend
>
Public
>
Common Council
>
Legislation
>
Ordinances
>
2001
>
Appropriating proceeds from the issuance of bonds authorized to be issued and designated as Series 2001E, for Bosch
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
5/20/2009 2:20:30 PM
Creation date
9/10/2008 3:09:12 PM
Metadata
Fields
Template:
City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
9/24/2001
Ord-Res Number
9269-01
Bill Number
91-01
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
6
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
ORDINANCE NO. 1 Z~ \ -b~ <br />AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, <br />INDIANA, APPROPRIATING THE PROCEEDS DERIVED FROM THE ISSUANCE OF <br />BONDS HERETOFORE AUTHORIZED TO BE ISSUED AND DESIGNATED AS <br />"CITY OF SOUTH BEND, INDIANA, REVENUE BONDS, SERIES 2001E," FOR THE <br />PURPOSE OF FINANCING THE COSTS OF REHABILITATION OF PROPERTY IN <br />CONNECTION WITH THE ROBERT BOSCH CORPORATION RETENTION <br />PROJECT, TOGETHER WITH EXPENSES INCIDENTAL THERETO, INCLUDING <br />EXPENSES IN CONNECTION WITH THE ISSUANCE OF THE BOND <br />STATEMENT OF PURPOSE AND INTENT: <br />The City of South Bend, Indiana (the "City"), has previously determined to offer <br />certain assistance to Robert Bosch Corporation ("Bosch") in order to induce Bosch to retain and <br />expand its facility in the City. Accordingly, the City and Bosch have agreed to undertake certain <br />activities in connection with the acquisition, demolition, construction, rehabilitation, and <br />environmental remediation of certain property (the "Property") which Bosch formerly leased from <br />Honeywell (formerly known as Allied Signal), including infrastructure and other site improvements <br />(the "Project") <br />The Common Council (the "Common Council") has previously considered the need <br />to construct the Project and has adopted an ordinance determining to issue the bonds of the City in <br />the form of a loan from the Industrial Development Loan Fund of the State of Indiana (the "IDLF") <br />to procure funds to be applied to the Project, together with expenses incidental thereto, including <br />expenses incurred by the City in connection with the issuance of said bonds. <br />
The URL can be used to link to this page
Your browser does not support the video tag.