HomeMy WebLinkAboutThe matter of Wells Electronics, Inc. THIS RESOLUTION STRICKEN BY COMMON COUNCIL ACTION ON JANUARY 22, 1973 .
SEE RESOLUTION NO. 347-73
RESOLUTION
iio. 343-72
Passed by the Common Council of the City of South Bend, Indiana,
DECEMBER 18 19 72
Attest: `?� �-Q� ��L- ®—v City Clerk
Attest: ` President of Common Council.
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Presented by me to the Mayor of the City of South Bend, Indiana
DECEMBER 19 19 72
City Clerk
Approved and signed by me
Mayor
RESOLUTION NO. 343-72
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY
OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA, IN
THE MATTER OF WELLS ELECTRONICS, INC. , OF
SOUTH BEND, INDIANA
WHEREAS, Wells Electronics , Inc. , of South Bend, has submitted
its intention to the Economic Development Commission of South Bend,
to construct a new building located at 1801 South Main Street,
within the City of South Bend, Indiana,
WHEREAS, the Economic Development Commission, pursuant to
the statute, has found by written resolution that there exists
insufficient employment opportunities and that the economic welfare
of the City of South Bend, Indiana, would be benefited and the
purpose of the statute would be accomplished by the acquisition
and leasing of the above described property to Wells Electronics ,
Inc. , of South Bend, Indiana, and
WHEREAS, Wells Electronics , Inc, of South Bend has submitted
a statement of public service to the above Economic Development
Commission of the City of South Bend and said Commission has
forwarded this statement of public service with their approval and
comments to the South Bend School Corporation, a copy of which is
attached, and
WHEREAS, the affirmative response and analysis of the
South Bend School Corporation has been received as presented to the
Clerk of the City of South Bend, and attached, and
WHEREAS, the statement of public service by Wells Electronics ,
Inc. , of South Bend and the Economic Development Commission of the
City of South Bend have been submitted for approval and comments
to the Area Plan Commission of St. Joseph County and the affirmative
action and comments of the Area Plan Commission have been received
by the Clerk of the City of South Bend, as attached, and
WHEREAS, the requirements of the application as described
in the "Municipal Economic Development Act of 1965 of the State of
Indiana" as amended have therefore been met to this point,
including a projection of the number of jobs created, the estimated
payroll created and the approximation of the cost of the land and
construction, and the impact on utilities and fire and police
facilities of the City of South Bend with the approvals of the
school corporation and the Area Plan Commission have jurisdiction
of the area in which the proposed facility is to be built, and
WHEREAS, now the Wells Electronics, Inc. , of South Bend, seeks
approximately $180, 000. 00 from an issue of revenue bonds of the
Economic Development Commission of the City of South Bend to be
signed by the Mayor and by its City Clerk and further desires to
enter into a lease of not more than 20 years duration to be known
as a net net net lease sufficient to pay the principal and interest
of these bonds and obtain title at the end of the lease, and
WHEREAS , by virture of the net net net lease, the Wells
Electronics , Inc. , of South Bend indicates its intention to pay all
expenses of the operation, maintenance, insurance,property taxes ,
whatever of the facility.
THEREFORE, be it resolved by the Common Council of the
City of South Bend, Indiana, that the resolution and findings
of the Economic Development Commission pertaining to this project
be approved and incorporated in this resolution, and
THEREFORE, be it resolved by the Common Council of the
City of South Bend, Indiana that the statement of public service
on the part of the Economic Development Commission, of the Area
plan Commission and of the South Bend School Corproation be
accepted and approved, and
THEREFORE, be it resolved that the South Bend City
Common Council authorize the Economic Development Commission of
the City of South Bend, to proceed to make preliminary agreements
with the proposed lessee, the Wells Electronics , Inc. , of South
Bend, in the nature of a conditional commitment to enter into a
lease with the Wells Electronics, Inc. , of South Bend, and
THEREFORE, be it resolved thatthe Economic Development
Commission of the City of South Bend shall , as soon as the new
lease form is properly prepared, submit the same to the Clerk
of the City of South Bend to be prepared by a member of the
Common Council as a proposed ordinance for the acceptance of
same and issuance of revenue bonds to cover the amount of money
needed.
Memb r of the South Bend, C ty Common Council
-2-
FILED IN CLERK'S OFFICE
Irene Gammon
CITY CLERK, SOUTH BEND M.
DEC 1 3 1972
A RESOLUTION SETTING FORTH THE NEED FOR ECONOMIC
DEVELOPMENT
i
Resolution No. 24-72
k
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WHEREAS: The City of South Bend is still experiencing
a high unemployment situation, and
WHEREAS: By virtue of the need for additional industrial
and economic development, and
NOW, THEREFORE, BE IT RESOLVED by the Economic Development
Commission that because of insufficient employ-
ment opportunities and insufficient diversification
of industry, the economic welfare of the city
would be benefited by approving the application
of Wells Electronics, Inc. for the construction
of a building at 1801 South Main Street, South
Bend, Indiana.
THIS RESOLUTION ADOPTED BY THE ECONOMIC
DEVELOPMENT COMMISSION OF THE CIVIL CITY
OF SOUTH BEND, INDIANA, THIS 1st DAY
OF December 1972
s'
President - Karl-G. King, Jr.
Vice President - Fred Craven
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Secretary - Walter Mucha
REPORT OF CITY OF SOUTH BEND
ECONOMIC DEVELOPMENT COMMISSION
MAKING CERTAIN ESTIMATES
Pursuant to the Municipal Economic Development Act of 1965 as
amended, the City of South Bend Economic Development Commission is
required to make certain estimates in regard to the proposed construction
of a building by Wells Electronics, Inc. of South Bend. The estimates are
as follows;
(1) There will be a slight burden on utilities, police and fire
protection since a plant which previously did not exist is being
considered. In our opinion, the increased tax base of the city,
as a result of the new plant, will more than offset the aforementioned
costs.
(2) The total project cost of the proposed facilities will be approxi-
mately $180, 000. 00.
(3) The number of jobs to be created by the proposed facility
would be approximately 37 resulting in an increased payroll of
$305, 000 to $515, 000 annually.
This is an established business in our community in the electronics
field. This proposed facility will increase the tax base and require utilization
of our local construction industry to build the facility.
CITY OF SOUTH BEND
South Bend, Indiana 46601
Jerry J. Miller November 28, 1972
Mayor
Economic Development Commission
of South Bend
320 West Jefferson
South Bend, Indiana 46601
Karl G. King, Jr.
President
F. D. Craven
Walter A. Mucha
Kenneth P. Fedder
Counsel
Mr. Aaron H. Huguenard, President
Board of School Trustees
South Bend Community School Corporation
635 South Main Street
South Bend, Indiana
Dear Mr. Huguenard:
Pursuant to the Municipal Economic Development Act of 1965 as amended,
I am enclosing a copy of the report of the City of South Bend's Economic
Development Commission making certain estimates pertaining to the
application of Wells Electronics, Inc. of South Bend.
I would appreciate your immediate attention and indication of your
approval.
Sincerely,
Karl G. King, Jr.
President
KGK/nt
cc: Jerry J. Miller, Mayor, City of South Bend
Peter Nemeth, President, South Bend City Council
Charles Sweeney, South Bend City Attorney
Kenneth Fedder, Economic Development Commission Attorney
Ray B. Larson, President, Wells Electronics,Inc.
t:
CITY OF SOUTH BEND
South Bend, Indiana 46601
Jerry J. Miller
Mayor
Economic Development Commission November 28, 1972
of South Bend
320 West Jefferson
South Bend, Indiana 46601
Karl G. King, Jr.
President
F. D. Craven
Walter A. Mucha
Kenneth P. Fedder
Counsel
Mr. Frank Miles, President
Area Plan Commission
County City Building
South Bend,, Indiana
Dear Mr. Miles:
Pursuant to the Municipal Economic Development Act of 1965 as amended,
I am enclosing a copy of the report of the City of South Bend's Economic
Development Commission making certain estimates pertaining to the
application of Wells Electronics, Inc. of South Bend.
I would appreciate your immediate attention and indication of your
approval.
Sincerely,
Karl G. King, Jr.
President
KGK/nt
cc: Jerry J. Miller, Mayor, City of South Bend
Peter Nemeth, President, South Bend City Council
Charles Sweeney, South Bend City Attorney
Kenneth Fedder, Economic Development Commission Attorney
Ray B. Larson, President, Wells Electronics, Inc.
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SOUTH BEND COMMUNITY SCHOOL CORPORATION {
635 SOUTH MAIN STREET SOUTH BEND, INDIANA 46623
Office of Superintendent December 4, 1972 i
Mr. Karl King, President {
Economic Development Commission
of South Bend
County-City Building
South Bend, Indiana 46601
Dear Mr. King:
The Board of School Trustees for the South Bend Community School Corporation
endorses wholeheartedly the construction of a building by Wells Electronics,
Inc. of South Bend.
The school corporation does not consider that this project would cause any
major change in school enrollments nor bring any burden upon present school
facilities.
Sincerely,
f o n`C . Wagfier, V e President
/Board of School, ustees
JC W/mm
3
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AREAPLAN COMMISSION HOWARD HKT.T,NCER. EXECUTIVE DIRECTOR
T��{T ROOM 121 C111'NTY CITY BUILDING
OF ST. JOSEPH COUNTY, I L. 227 N. F.FFEH ON Bf-VU. POUYH BEND. INDIANA 49801
(2191 284-9571
December 13 , 1972
Karl G. King , Jr. , President
Economic Development Commission
c/o Office Engineers , Inc .
117 N . Michigan Street
South Bend , Indiana 46601
In Re : Wells Electronics , Inc .
1900 block S . Main St.
South Bend , Ind .
Dear Mr. King :
The St. Joseph County Area Plan Commission Staff
has reviewed the proposal of Wells Electronics to build
a new plant in the 1900 block on the west side of South
Main Street . The property in this block is presently zoned
"E" Heavy Industrial . The proposal is consistent with the
present zoning and the Comprehensive Plan for Community De-
velopment .
It should be noted that this particular area lies
one block south of the tentative boundaries for the Studebaker
Industrial Corridor Study.
Very truly yours ,
Howard Bellinger ,
Executive Director
HB/et