Laserfiche WebLink
COUNTY- CRYBmDING <br />SOUTH BEND, INDuNA 46601 -1830 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />PHONE 574/235 -9216 <br />FAx 574/235 -9928 <br />TDD 574/ 235 -5567 <br />DEPARTMENT OF ADMINISTRATION AND FINANCE <br />FREDERICK B. OLLETT, III <br />CONTROLLER <br />October 21, 2003 <br />Ms. Karen White, President <br />South Bend Common Council <br />4"' Floor, County -City Building <br />South Bend, IN 46601 <br />Re: Resolution Approving Redevelopment Commission Bond Issuance in Excess of <br />$3,000,000 <br />Dear Ms. White: <br />Attached for approval by the South Bend Common Council is a Resolution approving the <br />South Bend Redevelopment Commission's (Commission) issuance of a bond not to exceed <br />$22,000,000. This bond was approved by the Commission on October 17, 2003 for the purpose <br />of providing funds to refund outstanding bonds and to finance projects in the South Bend Central <br />Allocation Area. Because the maximum bond amount of $22,000,000 exceeds $3,000,000, <br />Common Council approval is required by Indiana Code Section 36- 7- 14- 25.1(1)(p). <br />Favorable consideration of this Resolution by the Common Council is requested. I will <br />be available to discuss this Resolution at the appropriate Council committee meeting and at the <br />public hearing. <br />Sincerely, <br />Frederick B. 011ett, III <br />Controller <br />u <br />(1i <br />CATHERINE A. HUBBARD -SHEAR LIZ ROWE THOMAS SKARBEK SUSAN WALLACE ROBERTALLEN <br />DIRECTOR DIRECTOR DIRECTOR MANAGER DIRECTOR iVy <br />HUMAN RESOURCES CITYRNANCE BUDGETING& FINANCIAL REPORTING BENEFITS INFORMATIONTECHNOLC <br />