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REGULAR MEETING <br />AUGUST 13, 1984 <br />ALSO EXCEPT A triangular shaped portion, taken off of the westerly corner of <br />Lot 6, in said Rachel Gallagher's First Addition, described as follows: <br />Beginning at the southwesterly corner of Lot 7, in said Rachel Gallagher's <br />First Addition; thence North 00 04' West, 45 feet; thence South 440 57' East, <br />63.8 feet; thence North 890 51' West, 45 feet, to the point of beginning. <br />as an Economic Revitalization Area; and <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public <br />hearing before the Council has been published pursuant to Indiana Code 6-1.1- 12.1 -2- <br />5; and <br />WHEREAS, the Council held a public hearing for the purposes of hearing all <br />remonstrances and objections from interested persons; and <br />WHEREAS, the Council has determined that the qualifications for an economic <br />revitalization area have been met. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, <br />Indiana, as follows: <br />SECTION I. That the Common Council hereby confirms its Declaratory Resolution <br />designating the area described herein as an Economic Revitalization Area for the <br />purposes of tax abatement. Such designation is for real property tax abatement only <br />and is limited to five (5) calendar years from the date of adoption of a Declaratory <br />Resolution by the Common Council. <br />SECTION II. This Resolution shall be in full force and effect from and after <br />its adoption by the Common Council and approval by the Mayor. <br />/s/ Beverlie J. Beck <br />A public hearing was held on the resolution at this time. Harold Slutsky, 1302 W. <br />Washington, indicated this was a reaffirmation of a tax abatement resolution passed <br />at the last meeting, for Slutsky - Peltz. Council Member Taylor made a motion to <br />adopt this resolution, seconded by Council Member Braboy. The resolution was adopted <br />by a roll call vote of eight ayes. <br />RESOLUTION NO. 1183 -84 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH <br />BEND, INDIANA APPROVING A FIRE DEPARTMENT LEASE PURCHASE <br />AGREEMENT. <br />Recognizing the need of the South Bend Fire Department for periodic replacement <br />and acquisition of firefighting equipment, it is the Common Council's belief that it <br />is in the best interest of public safety to approve a lease pruchase agreement for <br />the acquisition for a 1984 Pirsch 110' Sky Top Aerial Apparatus with pump. <br />Member o <br />WHEREAS, the South Bend Fire Department has a need to obtain a new aerial apparatus; <br />and <br />WHEREAS, the Board of Public Works, on behalf of the Fire Department, received <br />competitive bids for same and on June 19, 1984, awarded a contract to Peter Pirsch <br />and Son Company of Kenosha, Wisconsin for purchase of same; and <br />WHEREAS, AN Emergency Medical Service Fund has been established to provide <br />funds for the purchase of firefighting materials, and equipment; and <br />WHEREAS, the purchase of said apparatus is to be financed through a Lease Purchase <br />Agreement with Marquette Lease Services, Inc., of Minneapolis, Minnesota; and <br />WHEREAS, the total cost of said apparatus shall be Two Hundred Fourteen Thousand <br />Six Hundred Thirty Five Dollars ($214,635.00), plus trade -in, plus an interest rate <br />of 9.8 %, with annual payments of Sixty Three Thousand Seven Hundred Sixty Nine Dollars <br />and 20/100 ($63,769.20) due in 1985, 1986, 1987, and 1988, for a total cost of Two <br />Hundred fifty Five Thousand Seventy Six Dollars and 80/100 ($255,076.80). <br />NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, AS <br />FOLLOWS: <br />SECTION I. The Lease Purchase Agreement with Marquette Lease Services, Inc..for the <br />purchase of a 1984 Pirsch 110' Sky top Aerial Apparatus with pump is approved. <br />SECTION II. The Common Council of the City of South Bend _intends to appropriate . <br />sufficient funds from the Emergency Medical Services Fund in the 1985, 1986, 1987 <br />and 1988 budget years to cover payments due on said Lease Purchase Agreement. <br />SECTION III. This resolution shall be in full force and effect upon passage by the <br />Council and approval by the Mayor. <br />/s/ Beverlie J. Beck <br />Member of the Council <br />