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Inducement Resolution Relating to Application by Monte & Betty Wechter for Issuance of Revenue Bonds
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Inducement Resolution Relating to Application by Monte & Betty Wechter for Issuance of Revenue Bonds
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10/16/2015 2:36:16 PM
Creation date
10/16/2015 1:28:35 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
9/9/1985
Ord-Res Number
1340-85
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/p�TRB�t, CITY of SOUTH 1lEND <br /> 7 0 11IL�,''°�!�,� �� ROGER O. PARENT, Mayor <br /> ! COUNTY CITY BUILDING SOUTH BEND, INDIANA 46601 <br /> • <br /> ',,��• 2861 <br /> Economic Development Commission <br /> Jerry Hammes,President Shall Administration <br /> Al E.Paszek, Vice President 401 East Colfax Avenue <br /> Walter A.Mucha, Secretary September 4 , 1985 P.D. Box 1677 <br /> South Bend,P. Fodder, Counsel end, Indiana <br /> Suzanne M. Rhedigan,Asst. Sec. 46634-1677 <br /> 219/234-0051 <br /> Common Council <br /> 4th Floor <br /> County-City Buidling <br /> South Bend, Indiana <br /> Dear Council Members : <br /> Re : Monte Wechter and Betty Wechter Project - <br /> Inducement Resolution <br /> The South Bend Economic Development Commission has <br /> received an application from Monte Wechter and Betty <br /> M. Wechter for an Industrial Revenue Bond in the <br /> amount of $400 , 000 . 00 for the acquisition and <br /> rehabilitation of an Economic Development facility <br /> located at 917 South Chapin Street, South Bend, <br /> Indiana. <br /> The new renovated facility is to be located in the <br /> Enterprise Zone, and will result in approximately one <br /> part-time and three full-time jobs, with an estimated <br /> payroll of $100 , 000 . 00 . <br /> Sincerely, <br /> Kenneth P. Fedder,6 <br /> Attorney for the Economic <br /> Development Commission <br />
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