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• <br /> BUTLER & SIMERI <br /> ATTORNEYS AT LAW <br /> 406 WEST WAYNE STREET <br /> SOUTH BEND. INDIANA 46601 <br /> JOSEPH V.SIMERI 219 233-3303 <br /> KEVIN J.BUTLER <br /> MELANIE K.MORGAN <br /> May 28, 1985 <br /> South Bend Common Council <br /> 4th Floor County-City Building <br /> South Bend, Indiana 46601 <br /> Ladies and Gentlemen: <br /> Re: South Bend Economic Development Revenue Bonds <br /> Applicant: North Central Indiana Medical <br /> Education Foundation <br /> We have submitted to you for your consideration at your <br /> meeting this date a form of Inducement Resolution for the above <br /> project. The project will consist of approximately 400 multi- <br /> family residential units, 150 congregate care residential units, <br /> and 400 nursing home bed facility. The cost of the project is <br /> estimated at approximately $35 , 000, 000 .00 and we are requesting <br /> approval for a $30, 000, 000. 00 bond issue. <br /> Enclosed with this letter is a copy of the application to <br /> the Economic Development Commission. <br /> Thank you for your consideration of this matter. <br /> Sincerely, <br /> Kevin J. Butler <br /> KJB:1 j h <br /> Enclosure <br />