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REGULAR MEETING APRIL 9, 1973 <br />REGULAR MEETING - RECONVENED (CONTINUED) <br />Dear Mr. King: <br />The St. Joseph County Area Plan Commission has reviewed the proposal of <br />International Bakers Services, Inc., for the purchase and remodeling of a facility at <br />1902 North Sheridan Avenue. The proposal is consistent with the present zoning and the <br />Comprehensive Plan for Community Development. <br />HB:lari <br />Very truly yours, <br />s/ Howard Bellinger <br />Executive Director <br />A public hearing was held on the resolution at this time. Mr. Kenneth Fedder, Attorney for the <br />Economic Development Commission, explained that International Bakers desired to purchase and <br />remodel a facility located at 1902 North Sheridan Avenue, with the total project cost of the <br />facility to be estimated at approximately $250,000. He indicated that the number of jobs to be <br />created would be approximately 12 with a commensurate annual payroll increase. He concluded by <br />adding that International Bakers was an established business in the community. Councilman <br />Kopczynski asked if this property had been previously owned by the Crowl family, and Councilman <br />Szymkowiak indicated that it previously was the Hillview Bakery and was taken over by Krogers. <br />Councilman Szymkowiak made a motion that the resolution be adopted, seconded by Councilman Horva <br />The resolution passed by a roll call vote of nine ayes (Councilmen Serge, Szymkowiak, Miller, <br />Parent, Taylor, Kopczynski, Horvath, Newburn and Nemeth). <br />RESOLUTION NO. 367 -73 <br />A RESOLUTION OF THE COMMON COUNCIL OF THE <br />CITY OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA, <br />IN THE MATTER OF SINGER GENERAL TIRE, INC., OF <br />SOUTH BEND, INDIANA. <br />WHEREAS, Singer General Tire, Inc., has submitted its intention to the Economic <br />Development Commission of South Bend, to purchase real estate and construct facilities <br />at the corners of Willis and Vaness Streets, just off Indiana #23, in St. Joseph <br />County, Indiana. <br />WHEREAS, the Economic Development Commission, pursuant to the statute, has found <br />by written resolution that there exists insufficient employment opportunities and that <br />the economic welfare of the City of South Bend, Indiana, would be benefited and the <br />purpose of the statute would.be accomplished by the acquisition and leasing of the <br />above described property to Singer General Tire, Inc., and <br />WHEREAS, Singer General Tire, Inc., has submitted a statement of public service <br />to the above Economic Development Commission of the City of South Bend and said Commission <br />has forwarded this statement of public service with their approval and comments to the <br />South Bend School Corporation, a copy of which is attached, and <br />WHEREAS, the affirmative response and analysis of the South Bend School Corporation <br />has been received as presented to the Clerk of the City of South Bend, and attached, and <br />WHEREAS, the statement of public service by Singer General Tire, Inc., and the <br />Economic Development Commission of the City of South Bend have been submitted for approval <br />and comments to the Area Plan Commission of St. Joseph County and the affirmative action <br />and comments of the Area Plan Commission have been received by the Clerk of South Bend, <br />as attached, and <br />WHEREAS, the requirements of the application as described in the "Municipal <br />Economic Development Act of 1965, of the State of Indiana" as amended have therefore <br />been met to this point, including a projection of the number of jobs created, the <br />estimated payroll created and the approximation of the cost of the land and construc- <br />tion, and the impact on utilities and fire and police facilities of the City of South <br />Bend with the approvals of the school corporation and the Area Plan Commission have <br />jurisdiction of the area in which the proposed facility is to be built, and <br />WHEREAS, Singer General Tire, Inc. seeks approximately $200,000.00 from an issue <br />of revenue bonds of the Economic Development Commission of the City of South Bend to be <br />signed by its Mayor and by its City Clerk and further desires to enter into a lease of <br />not to exceed 15 years' duration to be known as a net net net lease sufficient to pay <br />the principal and interest of these bonds and obtain title at the end of the lease, and <br />WHEREAS, by virtue of the net net net lease, the Singer General Tire, Inc., <br />indicates its intention to pay all expenses of the operation, and maintenance, insurance, <br />property taxes, whatever of the facility. <br />THEREFORE, be it resolved by the Common Council of the City of South Bend, Indiana, <br />that the resolution and findings of the Economic Development Commission pertaining to <br />this project be approved and incorporated in this resolution, and <br />THEREFORE, be it resolved by the Common Council of the City of South Bend, Indiana, <br />that the statement of public service on the part of the Economic Development Commission, <br />of the Area Plan Commission and of the South Bend School Corporation be accepted and <br />approved, and <br />THEREFORE, be it resolved that the City of South Bend Common Council authorize the <br />Economic Development Commission of the City of South Bend to proceed to make preliminary <br />agreements with the proposed lessee, Singer General Tire, Inc., in the nature of a con- <br />ditional commitment to enter into a lease with Singer General Tire, Inc., and <br />THEREFORE, be it resolved that the Economic Development Commission of the City <br />of South Bend shall, as soon as the new lease form is properly prepared, submit the <br />