REGULAR MEETING AP IIL1_4, 1980
<br />REGULAR MEETING RECONVENED (CONTINUED
<br />BE IT FURTHER RESOLVED, that any costs or expenses incurred in connection with the
<br />Thomas and Jane Kinnucan Project shall be included in the project costs and reimbursed
<br />from the proceeds of the Economic Development Revneue Bonds to be issued with respect
<br />thereto; and
<br />BE IT FURTHER RESOLVED, that the liability and obligation of South Bend Economic Develop-
<br />ment Commission and the City of South Bend, Indiana, shall be limited solely to the good faith
<br />efforts to consummate such proceedings and issue such Bonds, and neither the South Bend Economic
<br />Development Commission nor the City of South Bend, Indiana, or its officers or agents, shall
<br />incur any liability if for any reason the proposed issuance of such Bonds is not consummated.
<br />This Inducement Resolution shall be in full force and effect from and after its adoption
<br />by the Common Council and approval by the Mayor.
<br />/s /Lewis A. McGann
<br />Member of the Common Council
<br />A public hearing was held on the resoltuion at this
<br />the Economic Development Commission, indicated this
<br />bond issue. He indicated this was for expansion of
<br />new jobs will be created by this expansion. Counci
<br />this resolution, seconded by Council Member Taylor.
<br />vote of nine ayes.
<br />RESOLUTION NO. 772 -80
<br />time. Mr. Kenneth Fedder, attorney for
<br />inducement resolution was for a $300,000
<br />their facilities. He said eight to ten
<br />1 Member Szymkowiak made a motion to adopt
<br />The resolution was adopted by a roll call
<br />A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND,
<br />INDIANA, RECOMMENDING THAT THE BOARD OF SCHOOL TRUSTEES OF THE
<br />SOUTH BEND COMMUNITY SCHOOL CORPORATION GIVE GREATER NOTIFICATION
<br />TO THE PUBLIC OFFICIALS WHEN SEEKING OPTIONS TO PURCHASE SHCOOL
<br />CORPORATION PROPERTY.
<br />WHEREAS, the Common Council of the City of South Bend, Indiana, recognizes that the Board
<br />of School Trustees of the South Bend Community School Corporation is charged with the res-
<br />ponsibility of determining the most fiscally sound-use of its properties, and
<br />WHEREAS, the Council realizes that the Board is faced with problems of declining enroll-
<br />ment and shrinking budgets; and
<br />WHEREAS, the Council believes that the decision to sell any unnecessary or surplus shcool
<br />corporation property is a decision which affects not only the immediate and surrounding neigh-
<br />borhood, but the community at large; and
<br />WHEREAS, the recent Board meetings held on the possible sale of the Central Career Center
<br />and a multi -acre vacant lot across from Nuner School demonstrate the need for more notification
<br />to the public and public officials, and for more input from these groups.
<br />NOW, THEREFORE BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as
<br />follows:
<br />SECTION I. That the Common Council of the City of South Bend, Indiana, recommends that
<br />the Board of School Trustees of the South Bend Community School Corporation give reasonably
<br />written notice to the public and elected public officials in the City of meetings called for
<br />the purpose of selling unnecessary or surplus school corporation property.
<br />SECTION II. That since the sale of school corporation property affects not only the
<br />immediate neighborhood but also the City at large, that the best interests of the City would
<br />be best served by greater notification and more public input.
<br />SECTION III. This Resolution shall be in full force and effect from and after its adoption
<br />by the Common Council and approval by the Mayor.
<br />/s /Beverlie J. Beck
<br />Member of the Common Council
<br />A public hearing was held on the resolut.ion at this time. Council Member Beck indicated this
<br />resolution was offered not to challenge the School Corporation right to dispose of property,
<br />but to encourage them to give notice to the public and encourage public input on what use will
<br />be made of the land. Mr. Miles Hoffman, 712 Forrest, spoke in favor of this resolution.
<br />Council Member Dombrowski made a motion to adopt this resolution, seconded by Council Member
<br />Szymkowiak. The resolution was adopted by a roll call vote of eight ayes and one nay (Council
<br />Member Taylor.)
<br />RESOLUTION NO. 773 -80
<br />AN INDUCEMENT RESOLUTION OF SOUTH BEND COMMON COUNCIL
<br />RELATING TO MASTERBILT, INCORPORATED MACHINERY ACQUISITION
<br />PROJECT.
<br />WHEREAS, the South Bend Common Council heretofore investigated, studied, surveyed and
<br />reported to the Mayor of the City of South Bend, Indiana, that a need exists in the community
<br />for additional job opportunities and commercial, light industrial and industrial diversification
<br />within the City of South Bend, Indiana; and in accordance with such investigation and to provide
<br />improvement of job opportunities and diversification within the City of South Bend, Indiana, a
<br />financing agreement should be effected with Masterbilt, Incorporated relating to a project to
<br />be known as "A Machinery Acquisition Project "; and
<br />WHEREAS, Masterbilt, Incorporated is established in the light industrial trade or business
<br />of contract machining and is the owner of a machine shop for such purpose at 325 South Walnut
<br />Street, South Bend, Indiana, on which site it has recently erected additional facilities and
<br />buildings to expand its operation consisting of approximately a total of ten thousand (10,000)
<br />square feet, and funds are required for the acquisition of a "Cyclone CNC Turning Center," which
<br />is a sophisticated piece of machinery to be acquired from the manufacturer of such marchinery,
<br />South Bend Lathe Works, of South Bend, Indiana.
<br />
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