03-24-80 Council Meeting Minutes

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REGULAR MEETING MARCH 24, 1980 REGULAR MEETING RECONVENED (CONTINUED RESOLUTIONS RESOLUTION NO. 766 -80 A RESOLUTION OF THE CITY OF SOUTH BEND, INDIANA, RELATING TO MARION W. DUNN. WHEREAS, pursuant to I.C. 18- 6 -4.5, the Common Council of the City of South Bend, Indiana created the South Bend Economic Development Commission, which Commission, following an investi- gation and survey, has determined that need exists in the community for additional job opportuni- ties and commercial and industrial diversification. That in order to improve and promote job opportunities, commercial diversification and the general welfare of the community certain contractual agreements should be entered into with Marion W. Dunn relating to his acquisition, remodeling and purchase of equipment for an economic development facility located at the south- east corner of Jefferson Boulevard and Williams Street in the City of South Bend, Indiana; and WHEREAS, the economic welfare of the City would be benefited by the acquisition and re- modeling of economic development facilities pursuant to the provisions of Indiana Code 18 -6 -4.5 (the "Act:); and WHEREAS, Marion W. Dunn, a resident of St. Joseph County, Indiana ( "Dunn:) proposes to acquire and remodel economic development facilities as defined in the Act for the use of Telephone Answering Service, Inc. and Dial -A -Page, Inc. ( "User ") if the City will finance costs of such economic development facilities pursuant to the ACT and it is apparent that the develop- ment of this project will increase job opportunities and commercial diversification in the City of South Bend, Indiana, resulting in benefit to the welfare of the public in the City of South Bend and St. Joseph County, Indiana; and WHEREAS, to induce Dunn to develop this project and User to become the principal users thereof, the South Bend Common Council desires to adopt this resolution. NOW, THEREFORE, the Common Council of the CIty of South Bend, Indiana resolves as follows: 1. Approval is hereby given to the application of Dunn relating to the acquisition of such economic development facilities, the remodeling of certain of those facilities and the install- ment of other such facilities wherein Industrial Revenue Bonds would be issued by the City of South Bend, Indiana for an amount not exceeding Three Hundred Thousand Dollars ($300,000.00), payable with interest thereon at the rate of nine and three - quarters precent (9 -3/4 %) per annum, over a term of twenty (20) years from and after the economic development facilities are all placed in use by the principal users thereof. 2. In order to encourage, induce and solicit such application by Dunn for such Industrial Revenue Bond issue relating to its acquisition of such Economic Development Facilities and the remodeling of certain of those facilities, the South Bend Common Council shall proceed to coop- erate with and take such action as may be necessary in the drafting of documents or the per- formance of such other acts as will facilitate the issuance of such Industrial Revenue Bonds by the City of South Bend, Indiana, to provide funds to be used toward the payment of the costs of acquisition, remodeling and purchase of equipment for an economic development facility. 3. Any costs or expenses incurred in connection with the said Dunn project shall be in- cluded in the project costs and reimbursed from the proceeds of the Industrial Revenue Bonds to be issued with respect thereto. 4. That the liability and obligation of the Common Council of the City of South Bend and the City of South Bend, Indiana, shall be limited solely to good faith efforts to con- summate such proceedings and issue such bonds, and neither the South Bend Common Council nor the City of South Bend, Indiana, or its officers or agents, shall incur any liability whatsoever if for any reason the proposed issuance of such bonds is not consummated. 5. Dunn may proceed with the acquisition of the economic development facilities and with the remodeling of one of such facilities in reliance upon this resolution. 6. This resolution shall be in full force and effect from and after its passage by the Common Council of the City of South Bend and approval by the Mayor. s/ Lewis A. McGann Member of the Common Council A public hearing was held on the resolution at this time. Mr. Kenneth Fedder, attorney for the Economic Development Commission. He indicated this inducement resolution was to acquire and develop a facility to be located at Jefferson and Williams that will be used by a Telephone Answering Service and Dial -A -Page, Inc. Council Member Kopczynski made a motionto adopt this resolution, seconded by Council Member Dombrowski. The resolution was adopted by a roll call vote of nine ayes. RESOLUTION NO. 767 -80 A RESOLUTION OF THE COMMON COUNCIL OF SOTH BEND, INDIANA, AUTHORIZING THE MAYOR TO SUBMIT A GRANT APPLICATION FOR FUNDING OF THE "RUNAWAY SHELTER" FOR THE YEAR 1980. WHEREAS, the Mayor of the City of South Bend is the Chief Executive Officer of the City and, therefore, is the Applicant for a Grant for "The Runaway Shelter." NOW, THEREFORE, BE IT RESOLVED that the Common Council of the City of South Bend, Indiana: SECTION I. Hereby established the authority of the Mayor of the City of South Bend to submit an application for operation funds in the amount of $52,500.00. SECTION II. The Director of Youth Service Bureau will be designated the Administrative Agent for this project. For every category established under this Resolution, Director of the Youth Service Bureau shall submit to the Common Council a line item budget prior to the expendi- tures of any grant money received upon approval of this application.