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..�.ys. <br /> a ypUTH 8 4 <br /> qA \ '; x, CITY of SOUTH BEND <br /> d ' <br /> • O . r / ROGER O. PARENT, Mayor <br /> 4%,` =866 t <br /> o <br /> Economic Development Commission Alice Neddo <br /> Staff Administrator <br /> Jerry Hammes,President 230 W.Jefferson Boulevard <br /> Walter Szymkowiak,Vice President P.O.Box 1677 <br /> Walter A.Mucha,Secretary South Bend,Indiana <br /> Kenneth P.Fedder,Counsel 46634-1677 <br /> Alice Neddo,Asst.Sec. (219)234-0051 <br /> August 7 , 1984 <br /> Members of the Common Council <br /> County-City Building <br /> South Bend, IN 46601 <br /> Re : Automatic Molded Plastics , Inc. and Aquarius Tool & Mold, <br /> Inc . Project - Proposed Inducement Resolution <br /> Dear Councilmen: <br /> The South Bend Economic Development Commission has received an <br /> application from Automatic Molded Plastics , Inc . and Aquarius <br /> Tool & Mold, Inc . for a combined bond issue in the total amount <br /> of $1 , 500 ,000 . 00 " for the purchase of all new machinery, to be <br /> used in the Corporate operations . <br /> Both the South Bend Economic Development Commission and the <br /> South Bend Common Council have i-sued prior bonds to Automatic <br /> Molded Plastics , Inc „ who continues to expand its South Bend <br /> operations . <br /> With this expansion, it is anticipated that the new machinery, <br /> when in full operation, could result in approximately 164 <br /> additional jobs , with an annual payroll of $3 , 161 ,840. 00 . <br /> Your passage of the Inducement Resolution is hereby requested, <br /> Res. -ctfully, <br /> le <br /> 9`, / <br /> t NEIH P . FEDDER <br /> Iota ey for the South Bend <br /> Ec• omic Development Commission FILED IN CLEFS OFFICE <br /> KPF :ram AUG E 1984 <br /> Irene Gammon <br /> GUY CLERK,SOWN BEND,IND. <br />