07-12-82 Council Meeting Minutes

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-4- REGULAR MEETING JULY 12, 1982 NOW, THEREFORE, the Common Council of the City of South Bend, Indiana, resolves as follows: 1. The project constitutes economic development facilities which shall be financed by the City through the issuance of revenue bonds pursuant to the Act and the City is willing, upon compliance with all provisions of Indiana law, to authorize approximately One Million Dollars (1,000,000.00) of its revenue bonds, which bonds will not be general obligations of the City but will be payable solely from the limited sources authorized and permitted by the Act. 2. The proposed financing will be of benefit to the economic welfare of the City and will comply with the purposes and provisions of the Act. 3. Harbor Metal Treating of Indiana, Inc. may proceed with acquisition of the economic development facilities in reliance upon this resolution. 4. That the liability and obligation of the South Bend Economic Development Commission, the South Bend Common Council and the City of South Bend, Indiana, shall be limited solely to the good faith efforts to consummate such proceedings and issue such bonds, and the South Bend Economic Development Commission and the City of South Bend, Indiana, their officers or agents, shall not incur any liability if for any reason the proposed issuance of such bonds is not consummated. This Inducement Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. /s/ Lewis A. McGann Member of the Common Council A public hearing was held on the resolutions at this time. Mike Dumke, attorney for the petitioner, indicated this company was relocating from Benton Harbor to South Bend. He indicated they planned to purchase real estate and construct a new facility in the Monroe - Sample area. He said they anticipated at least twelve (12) new jobs will be created. Council Member Szymkowiak made a motion to adopt Resolution No. 971 -82, seconded by Council Member Taylor. The resolution was adopted by a roll call vote of six ayes. Council Member Taylor made a motion to adopt Resolution No. 972 -82, seconded by Council Member Szymkowiak. The resolution was adopted by a roll call vote of six ayes. Council Member Szymkowiak made a motion to adopt Resolution No. 973 -82, seconded by Council Member Taylor. The resolution was adopted by a roll call vote of six ayes. RESOLUTION NO. 974 -82 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH LBEND, INDIANA, APPROVING THE AWARD OF THREE CONTRACTS IN EXCESS OF $10,000.00 FOR THE REHABILITATION WORK IN THE COMMUNITY DEVELOPMENT PROGRAM THROUGH THE BUREAU OF HOUSING'S REHABILITATION GRANT PROGRAM. WHEREAS, low bids for the rehabilitation work under Community Development Housing Rehabilitation Grant Program have exceeded $10,000.00. NOW, THEREFORE BE IT RESOLVED, by the Common Council of theCity of South Bend, Indiana; 1. That approval be granted to the Redevelopment Commission of the City ofSouth Bend, Indiana, to enter into a contract with the following contractors for the rehabilitai work on the following property: CONTRACTOR Jurtin Con. Co. Aardvark Con. Co. Plaia Con. Co. DOLLAR AMOUNT REHABILITATION ADDRESS OF CONTRACT NUMBER 1310 So. Bend Ave. $10,977.00 CD7 /PR /CS -3/24 1409 E. Miner $10,156.00 CD7 /R /CS -3/27 703 N.Johnson $10,477.00 S.B.H.I.L.P. 2. That this resolution shall be in full force and effect from and after its adoption by the Common Council and its approval by the Mayor of the City of South Bend, Indiana. /s/ Lewis A. McGann Member of the Common Council A public hearing was held on the resolution at this time. Kathy Baumgartner, Director of the Bureau of Housing, indicated that the Bureau Grant Advisory Board and Redevelopmen CVommissin have reviewed the bids and recommend the awarding of the contracts to the contractors indicated on the resolution. Council Member Szymkowiak made a motion to adopt this resolution, seconded by Council Member Taylor. The resolution passed by a roll call vote of six ayes. BILLS, FIRST READING lion 1 1 L L