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Approving the Development Agreement City of South Bend New Energy Corp Construction Ethanol Plant
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Approving the Development Agreement City of South Bend New Energy Corp Construction Ethanol Plant
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5/9/2013 9:21:44 AM
Creation date
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
10/26/1981
Ord-Res Number
6984-81
Bill Number
109-81
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ORDINANCE NO. Q, Q % 14 -Ts 1. <br />AN ORDINANCE APPROVING THE DEVELOPMENT <br />AGREEMENT BETWEEN THE CITY OF SOUTH BEND, <br />INDIANA, AND NEW ENERGY CORPORATION OF <br />OF INDIANA TO BRING ABOUT THE CONSTRUCTION <br />OF AN ETHANOL PLANT WITHIN THE CITY OF <br />SOUTH BEND. <br />STATEMENT OF PURPOSE AND INTENT <br />To approve a contract to facilitate the construction of a <br />One Hundred Fifty -One Million Dollar ethanol plant by New Energy <br />Corporation of Indiana on a site within the City of South Bend. <br />NOW, THEREFORE, BE IT ORDANINED BY THE COMMON COUNCIL OF <br />THE CITY OF SOUTH BEND, INDIANA AS FOLLOWS: <br />SECTION I. That the Development Agreement entered into <br />between the City of South Bend, Indiana, and New Energy Corporation of <br />Indiana on the 9th Day of October, 1981, to bring about the construction <br />of an ethanol plant within the City of South Bend, Indiana which cost <br />to the City will exceed Seven Thousand Five Hundred Dollars ($7,500.00), <br />is hereby approved. <br />SECTION II. This Ordinance shall be in full force and effect <br />from and after its adoption by the Common Council and approval of the <br />Mayor. <br />1st READING 1O, / !Z -6( <br />PUBLIC HEARING /O - Z1 (o- $ / <br />2nd READING <br />NOT APPROVED <br />REFERRED <br />PASSED <br />Member of the Common ouncil <br />FILED IN CIE HK'S OFFICE <br />OCT `? 1981 <br />Irene Gammon <br />CIT( CLERK, SOUTH BEND, IND. <br />
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