Approving the proposed phase IV of the Airport Industrial Park

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_J CITY OF SOUTH BEND South Bend, Indiana 46601 Jerry J. Miller Mayor Rollin E. Farrand, Sr., P. E. Director, Public Works Members of the Common Council 441 County /City Building South Bend, IN 46601 Subject: Bendix Drive Gentlemen: Reply To: Department of Public Works May 21, 1975 The City of South Bend has, for several years, worked with the Industrial Development Division of the Chamber of Commerce to develop the Airport Industrial Park. Phases I and II are complete and largely occupied. Phase III is essentially complete with some work still being completed on the railroad spur. Several sites within Phase III are already occupied by industry. Each of these development programs has required 50 per cent matching funds from local units of government to match Federal Economic Develop- ment Administration Grants. For Phases I, II and III, this meant the City. It is now proposed to continue this development with Phase IV. Partic- ipation in Phase IV will involve both the City and the County. The con- struction of the Bendix Drive Bridge over the Toll Road by the County will constitute their portion of the matching funds. It is proposed that the City reserve $400,000 to be used for the recon- struction of a portion of Bendix Drive as the City match. The resolution being presented for your consideration is an expression of your concurrence in this program and commitment to appropriate the money at the proper time.