|
REGULAR MEETING JUNE 9, 1975
<br />REGULAR MEETING - RECONVENED (CONTINUED)
<br />RESOLUTION NO. 486 -75 (CONTINUED)
<br />1. That approval be granted to the Redevelopment Commission of the City of South
<br />Bend, Indiana, to enter into a contract with Ted Combs Decorating and Construction
<br />Company for the rehabilitation of the following properties:
<br />58 Haney's 226 E. Pennsylvania $6,326.63
<br />15 Bowman's 3rd 217 E. Calvert Street 6,470.53
<br />2. That approval be granted to the Redevelopment Commission of the City of South
<br />Bend, Indiana, to enter into a contract with Barany Heating & Sheet Metal, Inc. for the
<br />rehabilitation of the following properties:
<br />247 Wenger's Homestead
<br />706
<br />E.
<br />Wenger
<br />Street
<br />5,844.00
<br />36 Elder Place Addition
<br />238
<br />E.
<br />Elder Street
<br />7,823.00
<br />87 Wenger's 4th
<br />621
<br />E.
<br />Keasey
<br />Street
<br />6,380.50
<br />14 -15 DuBail's 1st
<br />217
<br />E.
<br />Dayton
<br />Street
<br />7,103.00
<br />6 Keasey's Sub.
<br />113
<br />E.
<br />Keasey
<br />Street
<br />5,243.00
<br />H Studebaker lst
<br />628
<br />E.
<br />Indiana
<br />Avenue
<br />5,362.00
<br />3. This resolution shall be in full force and effect from and after its adoption
<br />by the Common Council and its approval by the Mayor of the City of South Bend, Indiana.
<br />s/ Roger 0. Parent
<br />Member of the Common Council
<br />A public hearing was held at this time on the resolution. Mr. Keith Crighton, Director of the
<br />Bureau of Housing, indicated that the bids were received and referred to the Common Council
<br />because they were in excess of the $5,000 amount. He stated that approval was needed for a con-
<br />tract with Ted Combs Decorating and Construction Company for the rehabilitation of 226 East
<br />Pennsylvania in the amount of $6,326.63 and 217 East Calvert Street in the amount of $6,470.53.
<br />Approval also was needed for a contract with Barany Heating and Sheet Metal, Inc. for the rehabili.
<br />tation of 706 East Wenger in the amount of $5,844.00; 238 East Elder in the amount of $7,823.00;
<br />621 East Keasey in the amount of $6,380.50; 217 East Dayton in the amount of $7,103.00; 113 East
<br />Keasey in the amount of $5,243.00; and 628 East Indiana in the amount of $5,362.00.
<br />Councilman Kopczynski wondered who the owner of Barany Heating was, and Mr. Crighton indicated
<br />that Ernest J. Barany was the owner. Councilman Miller wondered how many contracts had been let
<br />to date, and Mr. Crighton indicated that 43 units were under contract. As of this evening, hopefu:
<br />there would be 53 units. He stated that the final contracts would be opened June 17th and this
<br />would complete the revenue sharing funds available. He stated that all of the $438,000 allocated
<br />would be expended. He indicated that the total rehabilitation would be for 68 homes, 12 homes
<br />would have minor rehabilitation and there were other miscellaneous items such as exterminations,
<br />etc. A total of 89 homes would be affected. Councilman Miller felt the program was a good one,
<br />and he commended Mr. Crighton and the Bureau of Housing. He felt the project was a good example o:
<br />spending revenue sharing funds.
<br />Councilman Miller made a motion to adopt the resolution, seconded by Councilman Serge. The
<br />resolution was adopted by a roll call vote of nine ayes (Councilmen Serge, Szymkowiak, Miller,
<br />Taylor, Kopczynski, Horvath, Nemeth, Newburn and Parent).
<br />ORDINANCES, FIRST READING
<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 THEREOF
<br />PERTAINING TO ALFRED ZEILER, JR.
<br />This ordinance had first reading. Councilman Kopczynski made a motion to set the ordinance for
<br />public hearing and second reading on June 23, 1975, seconded by Councilman Horvath. The motion
<br />carried.
<br />ORDINANCE AN ORDINANCE PROVIDING FOR THE FINANCING AND
<br />ACQUISITION OF AN ECONOMIC DEVELOPMENT PROJECT
<br />AND THE LEASING OF THE SAME TO ST. JOSEPH
<br />DEVELOPMENT CO., INC., AN INDIANA CORPORATION;
<br />AUTHORIZING THE SUBLETTING OF PORTIONS OF SUCH
<br />PROJECT TO, AMONG OTHERS, ST. JOSEPH BANK AND
<br />TRUST COMPANY, AN INDIANA BANKING ASSOCIATION;
<br />AUTHORIZING THE ISSUANCE AND CONFIRMING THE
<br />SALE OF $2,300,000 PRINCIPAL AMOUNT OF
<br />ECONOMIC DEVELOPMENT REVENUE BONDS, SERIES
<br />1975 (ST. JOSEPH DEVELOPMENT CO., INC. PROJECT)
<br />FOR THE PURPOSE OF PAYING THE COST OF FINANCING
<br />AND ACQUIRING THE ECONOMIC DEVELOPMENT PROJECT
<br />AND NECESSARY EXPENSES INCIDENTAL THERETO;
<br />AUTHORIZING THE EXECUTION AND DELIVERY OF AN
<br />INDENTURE SECURING THE BONDS; APPROVING THE
<br />FORM OF A SUBLEASE FROM ST. JOSEPH DEVELOPMENT
<br />CO., INC. TO ST. JOSEPH BANK AND TRUST COMPANY;
<br />AND PRESCRIBING OTHER MATTERS PERTAINING
<br />THERETO.
<br />This ordinance had first reading. Councilman Taylor made a motion to set the ordinance for public
<br />hearing and second reading on June 23, 1975, seconded by Councilman Miller. The motion carried.
<br />.ly
<br />
|