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REGULAR MEETING APRIL 21, 1975
<br />REGULAR MEETING (CONTINUED)
<br />Councilman Kopczynski made a motion to resolve into the Committee of the Whole, seconded by
<br />Councilman Taylor. The motion carried.
<br />COMMITTEE OF THE WHOLE MEETING
<br />Be it remembered that the Common Council of the City of South Bend met in the Committee of the
<br />Whole on Monday, April 21, 1975, at 7:03 p.m., with nine members present. Chairman Odell Newburn
<br />presided.
<br />ORDINANCE AN ORDINANCE APPROVING THE FORM AND TERMS
<br />OF THE LEASE AGREEMENT AND INDENTURE OF
<br />TRUST AND INDUSTRIAL DEVELOPMENT REVENUE
<br />BONDS AND AUTHORIZING THE EXECUTION
<br />THEREOF PERTAINING TO IBS INVESTMENTS,
<br />INC.
<br />This being the time heretofore set for public hearing on the above ordinance, proponents and
<br />opponents were given an opportunity to be heard. Mr. Kenneth Fedder, Attorney for the South Bend
<br />Development Commission, made the presentation for the ordinance. He explained that the firm had
<br />an office in Mishawaka and Stevensville and would be coming to South Bend to be located at 2605
<br />South Main Street. He stated that the commission had held a public hearing on February 21, 1975,
<br />and had found that the financing was acceptable. He introduced Mr. Kevin Butler, the attorney
<br />representing IBS Investments. Mr. Butler indicated that his office was located in the St. Joseph
<br />Bank Building. He indicated that the project would consist of the purchase, renovation and
<br />equipping of a building located at 2605 South Main Street. The primary user would be Industrial
<br />Belting and Supply, Inc. The site would be used as a warehouse and distribution location. He
<br />stated that this particular project would provide for the combination of the warehouse and transfe
<br />operations. Eight employees would be coming from the Mishawaka plant. Immediately there would be
<br />18 employees and, within the next year, another 10 employees would be hired. He explained that th
<br />building measured 17,000 square feet and would be renovated at a cost of $180,000. He introduced
<br />Mr. Richard Lowe, Manager of the South Bend location. Mr. Lowe explained that the firm was a
<br />sales and fabricating organization dealing with rubber products for users in the northern Indiana
<br />and southern Illinois area. Councilman Kopczynski asked if the bonds being requested were approve
<br />only by the Council. Mr. Butler indicated that the South Bend Development Commission approves the
<br />financing by holding a public hearing. The issue must then come before the Council. Councilman
<br />Kopczynski wondered if any of the administrative branches of government approved the bonds. Mr.
<br />Butler indicated that the ordinance itself would have to be signed by the Mayor; likewise the bond .
<br />lease and trust indenture and mortgage, if any, are issued under the signature of the Mayor and
<br />Clerk. Councilman Kopczynski asked if the bonds that had been approved by the Council in the past'
<br />were successful, and Mr. Fedder indicated that he felt they were. Councilman Kopczynski asked
<br />about the total value of the projects and the bonds issued. Mr. Fedder indicated that he did not
<br />have that exact figure available at the present time. He assured the Council that careful study
<br />was given each project so that they could be successful. Councilman Kopczynski stated that the
<br />Council had approved more bonds than the entire State of Indiana. Mr. Fedder stated that he felt
<br />the effort made by the South Bend Development Commission, Chamber of Commerce and Common Council
<br />was very successful. Council President Parent thanked Mr. Karl King, President of the commission,
<br />for his knowledge and assistance regarding the issuance of the bonds. Mrs. Irene K. Gammon, City
<br />Clerk, indicated that her office kept a yearly lis't-of the bond issues approved by the Council.
<br />This list contained the name of the firm, location and amount of the bond. Councilman Nemeth
<br />indicated that the commission also had prepared a brochure which listed the bond issues. He
<br />stated that he had been under the impression that this brochure was to be distributed. It was
<br />indicated that the Council members had received a copy of the booklet.
<br />Councilman Szymkowiak made a motion that the ordinance be recommended favorably to the Common
<br />Council, seconded by Councilman Taylor. The motion carried.
<br />ORDINANCE AN ORDINANCE AMENDING ORDINANCE NO.
<br />4990 -68, AS AMENDED, COMMONLY KNOWN AS
<br />THE ZONING ORDINANCE OF THE CITY OF
<br />SOUTH BEND, INDIANA (CHAPTER 21, MUNICIPAL
<br />CODE) - northeast corner of Linden Avenue
<br />and Clemens Street.
<br />This being the time heretofore set for public hearing on the above ordinance, proponents and
<br />opponents were given an opportunity to be heard. Mr. T. Brooks Brademas, President of First
<br />Community Development Corporation, made the presentation for the ordinance. He stated that his
<br />primary interest was in the area of community planning development, including housing projects.
<br />He indicated that, in the Community Development proposal of the city, there was a suggestion for
<br />increased housing for the elderly in the community. The plan that was proposed called for the
<br />building of 225 new units, and the remainder of the units would come from existing sources. He
<br />felt this was not realistic because there were not existing units suitable for the elderly. He
<br />referred to the overlay showing the property in question, and he stated that the Area Plan
<br />Commission had conducted its public hearing on the rezoning of the property and had recommended
<br />the project favorably to the Common Council. There had been only one dissenting vote of the
<br />commission. He felt that, even with the development of Block 6 in the downtown area, his housing
<br />project would be feasible. He stated that the 114 one - bedroom units proposed in his project
<br />could be erected before the end of the year. The area in question was immediately to the north
<br />of the Lafayette School and contained about 122 acres. He stated that there was a complete array
<br />of shopping opportunities on Western Avenue, and there were many churches and medical and health
<br />facilities in the immediate area. He indicated that the Public Transportation Corporation would
<br />run a bus to the area. He talked about the problem of density and the original plan that had bee
<br />proposed. He stated that 53 single family homes had been planned; however, the problem of densit
<br />was a serious one, and it was decided to change the plan to 114 one - bedroom units. He presented
<br />the Common Council an overall plan of the project. He indicated that the density was 9.2 units p
<br />acre, and this was very low. He stated that the utility lines in the area, including the drainag
<br />basin, would be adequate for the project. He referred to the application under the Community
<br />Development Program for the amount of $871,873 to be used for housing. He stated that, utilizing
<br />the proposed program of high -rise units in Block 6, the monthly rate per one - bedroom unit would b
<br />approximately $249. A total of 350 units could be developed. With the project he was proposing,
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