10-08-84 Council Meeting Minutes

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REGULAR MEETING OCTOBER 8, 1984 A public hearing was held on the resolutions at this time. Ernest Szarwark, attorney for the petitioner, indicated Mittler Supply planned to expand their existing building. He indicated the project will create nine new permanent jobs. Council Member Serge made a motion to adopt Resolution No. 1214 -84, seconded by Council Member Taylor. The resolution was adopted by a roll call vote of nine ayes. Council Member Taylor made a motion to adopt Resolution No. 1215 -84, seconded by Council Member Braboy. The resolution was adopted by a roll call vote of nine ayes. RESOLUTION NO. 1216 -84 AN AMENDMENT OF INDUCEMENT RESOLUTION: THE CITY OF SOUTH BEND, IDNIANA, RELATING TO: AUTOMATIC MOLDED PLASTICS, INC., AND AQUARIUS TOOL AND MOLD, INC. PROJECT. WHEREAS, on August 13, 1984, this Common Council of the City of South Bend, Indiana ( "Common Council ") adopted Resolution No. 1184 -84, Inducement Resolution, the City of South Bend, Indiana, Relating to: Automatic Molded Plastics, Inc., and Aquarius Tool and Mold, Inc. Projct ( "Resolution "); and WHEREAS, the Resolution defined the economic develpment facilities ( "Project ") as follows: A. Automatic Molded Plastics, Inc., will acquire: Six (6) New Injection Molding Machines Support Equipment: Water Temperature Control Units Oil TemperatureControl Units Material Dryers Material Loaders Material Grinders Aquarius Tool & Mold, Inc. will acquire: One General Electric Calma System Compter Aided Design /Computer Aided Machinery Two (2) CNC Bed Milling Machines One (1) CNC Wire Electrical Discharge Machine One (1) CNC Lathe One (1) Programmable Electrical Discharge Machine; and WHEREAS, in reliance on Resolution No. 1184 -84, Automatic Molded Plastics, Inc., entered into obligations to purchase: Two (2) 45 -ton Kawaguchi Injection Molding Machines Two (2) 85 -ton Kawaguchi Injection Molding Machines Two (2) 125 -ton Kawaguchi Injectin Molding Machines; and Aquarius Tool and Mold, Inc. entered into obligations to purchase: One (1) General Electric Calma Cad /Cam Systems (computer -aided design /computer -aided machinery); and WHEREAS, in lieu of the acquisition of: Support Equipment: Water Temperature Control Units Oil Temperature Control Units Material Dryers Material Loaders Material Grinders Automatic Molded Plastics, Inc. desires to acquire: One (1) 1,000 -ton Injection Molding Machine or One (1) 500 -ton Injection Molding Machine and Two (2) 200 -ton Injection Molding Machines Process.Control Units and Production Monitoring System for Machines Miscellaneous Support Equipment Injection Molding ( "Substituted AMP Equipment "); and in lieu of the acquisition of: Two (2) CNC Bed Milling Machines One (1) CNC Wire Electrical Discharge Machine One (1) CNC Lathe One (1) Programmable Electrical Discharge Machine Aquarius Tool and Mold, Inc. desires to acquire: Two (2) CNC Milling Equipment Units One (1) Wire -cut Electronic Discharge Machine Miscellaneous Support Equipment (Substituted ATM Equipment); and WHEREAS, this Common Council finds that the acquisition of the Substituted AMP Equipment and Substituted ATM Equipment satisfies the qualifications and declarations of Resolution No. 1184 -84 and that Resolution should be amended.