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