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1400 COUNTY-CrrY Buu.DING <br />227 W. JEFFERSON BOULEVARD <br />SOUTH BEND, INDIANA 46601-1830 <br />PNOIQE 574/ 235-9241 <br />FAx 574/235-9892 <br />TDD 574/ 235-5567 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />DEPARTMENT OF LAW <br />CHARLES S. LEONE AIADEAN M. DERosE <br />CITYATTORNEY CHIEF ASSISTANT CITYATTORNEY <br />November 20, 2008 <br />Mr. Timothy Rouse <br />President, South Bend Common Council ~ ` l ~ ~ ~ ` ~ (---~~ <br />4~' Floor, County-City Building ` m-- <br />South Bend, IN 46601 <br />Re: An Ordinance to Establish a New Non-Reverting Loss Recovery Fund <br />Dear Mr. Rouse: <br />From time to time the City of South Bend has recovered monies on claims against third parties for <br />losses arising from harm to City owned assets, including intangible assets. At this time, the City has no <br />separate fund in which to place such loss recoveries. This Ordinance creates such a separate, non-reverting <br />fund. <br />Either a representative of the City Attorney's office or Controller Catherine Fanello will present this <br />Ordinance to the Common Council at its Personnel and Finance Committee meeting and at its regular meeting: <br />Thank you for your consideration. <br />Sincerely, __ <br />K~ <br />`~- ~ -~ <br />Aladean M. DeRose <br />Chief Assistant City Attorney <br />AMD/cw <br />~il~~ l~+ ~t~l?k'~ ~~~€~v <br />NOV 1 9 2008 <br />JQHt'a t ~p R ~p;1i4. <br />CITY C1.~RX, <br />THOMAS L. BODNAR CHERYL A. GREENS ANN-CAROL NASH <br />JEFFREY M. JANKOWSKI LAWRENCE J. METEIVER JEFFREY L. SANFORD JOHN E. BRODEN <br />