01-11-82 Council Meeting Minutes

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1 REGULAR MEETING JANUARY 11 1982 ORDINANCE NO. 7016 -82 AN ORDINANCE APPROPRIATING $20,000.00 FROM THE COMMUNITY DEVELOPMENT BLOCK GRANT FUND FOR THE SUPPORT OF SPECIALIZED TRANSPORATION SERVICES TO BE ADMINISTERED BY THE CITY OF SOUTH BEND THROUGH ITS DIVISION OF COMMUNITY DEVELOPMENT AND SPECIALIZED TRANSPORTATION SYSTEM OF ST. JOSEPH COUNTY. This bill had second reading. Council Member Taylor made a motion to amend this bill, as amended in the Committee of the Whole, seconded by Council Member Dombrow- ski. The motion carried. Council Member Taylor made a motion to pass this bill, as amended, seconded by Council Member Beck. The bill passed by a roll call vote of seven ayes. ORDINANCE NO. 7017 -82 AN ORDINANCE AMENDING CHAPTER 2, ARTICLE 6 OF THE MUNICIPAL CODE OF THE CITY OF SOUTH BEND, ENTITLED TAX ABATEMENT PRO- CEDURES. This bill had second reading. Council Member Taylor made a motion to amend this bill, as amended in the Committee of the Whole, seconded by Council Member Dombrow- ski. The motion carried. Council Member Taylor made a motion to pass this bill, as amended, seconded by Council Member Dombrowski. The bill passed by a roll call vote of seven ayes. RESOLUTIONS RESOLUTION A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND APPROVING THE ISSUANCE OF LICENSE RENEWALS FOR SCRAP AND JUNK DEALERS. Council Member Dombrowski made a motion to continue public hearing on this resolution until January 25, 1982, seconded by Council member Taylor. The motion carried. RESOLUTION NO. 934 -82 AN INDUCEMENT RESOLUTION OF THE CITY OF SOUTH BEND, INDIANA, RELATING TO: P.A.I. PROPERTIES, AN INDIANA PARTNERSHIP, PROJECT. WHEREAS, at the prsent time there are insufficient employment opportunities and insufficient diversi:fication of business", commerce and industry in and near the City of South Bend, Indiana (the "tity ") and WHEREAS, the economic welfare of the City would be benefited by the acquisition and construction of economic development facilities in St. Joseph County pursuant to the provisions of Indiana Code 18 -6 -4.5 (the "Act "); and WHEREAS, Noel H. Yarger, G. Tom Yarger and John E. Reuthe, d /b /a P.A.I. Pro- perties, an Indiana partnership, ( "P.A.I. Properties ") propose to acquire and construct economic development facilities in the City of South Bend as defined in the Act if the City will finance the costs of such economic dev- leopment facilities pursuant to the Act; and WHEREAS, the South Bend Economic Development Commission has received an applica- tion by P.A.I. Properties for the issuance of City of South Bend Economic Development Bonds in an approximate amount of Three Hundred fifty Thousand Dollars ($350,000.00) repayable upon terms governed by existing market rates at the time such bonds are issued in order to acquire real estate and construct and equip a manufacturing build- ing to be leased to Plast Ad, Inc., an Indiana corporation, for the purpose of the corporation conducting its business of manufacturing retail store fixtures in the facility resulting in improving and promoting job opportunities and commercial diver- sification in the City of South Bend, Indiana. NOW, THEREFORE, the Common Council of the City of South Bend, Indiana resolves as follows: