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4�pura�
° Department of
�`- Community Investment
Memorandum
Monday, February 25, 2013
TO: Redevelopment Commisss
FROM: Ann Kolatal�
SUBJECT: Confidential Settlement Agreement
Our environmental attorneys, Plews Shadley Racher & Braun, have negotiated a
Confidential Settlement Agreement with Cooper Industries LLC and their insurers
related to environmental claims made by the Commission concerning the former
Studebaker Corporation property. Cooper and its insurers are willing to pay the
Commission and the City of South Bend an amount that has been approved by our
Legal Department to settle this claim. This Agreement covers Cooper Industries LLC
and its insurers and settles all claims related to this matter. Your approval of this
Confidential Settlement Agreement is requested.
Please contact me at 235 -9374 or akolata @south bend in.P-ov if you have any
questions.
227 W. JEFFERSON BLVD. SOUTH BEND, IN 46601 1 P: 574 - 235 -9371 1 FAX: 574 - 235 -9021 1 SOUTHBENDIN.GOV