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REGULAR MEETING APRIL 23 1973 <br />REGULAR MEETING - RECONVENED (CONTINUED) <br />April 16, 1973 <br />Mr. Karl King, President <br />Economic Development Commission <br />of South Bend <br />County -City Building <br />South Bend, Indiana 46601 <br />Dear Mr. King: <br />The Board of School Trustees for the South Bend Community School Corporation endorses <br />wholeheartedly the equipping, remodeling, and enlarging of its existing facilities in <br />South Bend by the Allied Products Corporation. <br />The School Corporation does not consider that this project would cause any major change <br />in school enrollments nor bring any burden upon the present school facilities. <br />Sincerely, <br />s/ Aaron H. Huguenard, President <br />AHH /mm Board of School Trustees <br />April 13, 1973 <br />Mr. Frank Miles, President <br />Area Plan Commission <br />County -City Building <br />South Bend, Indiana <br />Dear Mr. Miles: <br />Pursuant to the Municipal Economic Development Act of 1965, as amended, I am enclosing <br />a copy of the report of the City of South Bend's Economic Development Commission making <br />certain estimates pertaining to the application of Allied Products Corporation of South <br />Bend. <br />I would appreciate your immediate attention and indication of your approval. <br />Sincerely, <br />s/ Karl G. King, Jr. <br />KGK /kl President <br />cc: Jerry J. Miller, Mayor, City of South Bend <br />Peter Nemeth, President, South Bend City Council <br />James A. Roemer, South Bend City Attorney <br />Kenneth Fedder, Counsel, Economic Development Commission <br />Charles W. Lunger, Div. Pres., Allied Products Corporation <br />Kenneth B. Light, Corporate Seca & Dir. Corporate Law Dept. <br />Allied Products Corporation <br />April 18, 1973 <br />Karl G. King, Jr., President <br />Economic Development Commission <br />c/o Office Engineers <br />117 North Michigan Street <br />South Bend, Indiana 46601 <br />In Re: Allied Products Corporation <br />Existing facilities in South Bend <br />Dear Mr. King: <br />The St. Joseph County Area Plan Commission has reviewed the proposal of Allied <br />Products Corporation for equipping, remodeling and enlarging its existing facilities <br />in South Bend. <br />The proposal is consistent with the present zoning and the Comprehensive Plan <br />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, indicated that this was the largest bond issue to come before the <br />Council, and he further explained that Allied Products Corporation desires to remodel and enlarge <br />its existing facilities in South Bend. He indicated that there would be no additional expenses <br />in relation to public services or facilities, with the total project cost being approximately <br />$4,000,000.00. He mentioned that the number of jobs to be created by the proposed facility would <br />be upwards of 100 with an estimated annual payroll increase up to $1,100,000.00. He concluded <br />that Allied has been in the community since 1964 and the expansion of its operations would be vita <br />to community growth. Also, that the company has committed contracts for the work. Councilman <br />Newburn asked if there would be any legal entanglements in passing the resolution, and he <br />questioned whether or not the resolution should be brought back to the Council in ordinance form. <br />Council President Nemeth explained that once the resolution is passed, the ordinance could be <br />drawn up and would come before the Council. Mr. Fedder indicated that he hoped he would be able <br />to appear before the Council at the next meeting with an ordinance for first reading. He mentionec <br />that Allied was very anxious to complete Council approval because they are committed for contracts <br />