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I' <br />BARNES&THORNBURG I.1.P <br />Philip ]. Faccenda, Jr. <br />(574)237-1148 <br />phi]ip.faccendaQbtlaw.com <br />600 1st Source Bank Center <br />100 North Michigan <br />South Bend, IN 46601 U.S.A. <br />(574)233-1171 <br />Fax (574) 237-1125 <br />www.btlaw.com <br />June 4, 2009 <br />HAND DELIVERY <br />John Voorde <br />Clerk of the City of South Bend <br />227 West Jefferson Boulevard, Suite 455 <br />South Bend, Indiana 46601 <br />Derek D. Dieter, President <br />South Bend Common Council <br />227 West Jefferson Boulevard, Suite 400 <br />South Bend, Indiana 46601 <br />Re: City of South Bend, Indiana Waterworks Revenue Bonds of 2009 <br />Dear Mr. Voorde and Mr. Dieter: <br />Enclosed for filing are multiple copies of a substitute Bill No. 36-09, which is the <br />Ordinance for the above-referenced City of South Bend, Indiana Waterworks Revenue Bonds of <br />2009 for consideration of the Common Council on June 8, 2009. The Ordinance contemplates <br />that a portion of the Project will be financed through the State Revolving Fund ("SRF"), through <br />a grant and aloes-interest loan. The modifications in the substitute Bill reflect changes requested <br />by the SRF Program and primarily involve the establishment of a separate debt service reserve <br />for bonds sold to the SRF, consent rights of the SRF to the taking of certain actions for bonds <br />sold to the SRF, and other minor modifications in connection with the SRF Program. The form <br />of the Financial Assistance Agreement between the City and SRF is also attached as Exhibit B to <br />the Ordinance. <br />Please call me with any questions you may have. <br />Sincerely, <br />Philip J. Fac enda, Jr. <br />PJF:mdm <br />Enclosures <br />~it~~ in Cjt/r'~'~ 4fif~~e <br />cc: Aladean M. DeRose, Esq. <br />JUN - 4 2009 <br />SBDS02 PFACCENDA 390550v1 <br />J^`~I~'IO~fZ3F. <br />G~ CLti .ivy u~. u~~s~, 1~~...~,~,,, <br />Chicago Indiana Michigan Washington, D.C. <br />