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PUBLIC AGENDA SESSION OCTOBER 7, 2004 <br /> APPROVAL OF AGREEMENT - RELOCATION OF FACILITIES FOR DEVELOPMENT OF <br /> ROBERT BOSCH CORPORATION CAMPUS - INDIANA MICHIGAN POWER COMPANY <br /> (AEDA TIF BOND ISSUE) <br /> Mr. Inks stated that the Board is in receipt of an Agreement between the City of South Bend and <br /> American Electric Power,for the relocation of facilities for the Robert Bosch Corporation Campus. <br /> Mr. Inks noted that the Agreement is in the amount of$303,000.00. Therefore,upon a motion made <br /> by Mr. Inks, seconded by Mr. Littrell and carried, the Agreement was approved and executed. <br /> APPROVAL OF RIGHT-OF-WAY EASEMENT - RELOCATION OF FACILITIES FOR <br /> DEVELOPMENT OF ROBERT BOSCH CORPORATION CAMPUS - INDIANA MICHIGAN <br /> POWER COMPANY <br /> Upon a motion made by Mr. Inks, seconded by Mr. Littrell and carried, the above referred to <br /> easement was approved pursuant to the purchase of all property on Meade Street. <br /> ADDENDUM TO LEASE AGREEMENT-PROVISION SETTING FORTH THE OBLIGATIONS <br /> OF CENTURY CENTER AS TO LIABILITY INSURANCE - CENTURY CENTER/SOUTH <br /> BEND COMMUNITY SCHOOL CORPORATION <br /> Mr. Inks advised that Ms. Ann-Carol Nash, Legal Department, submitted the above referred to <br /> Addendum for approval. Therefore,upon a motion made by Mr. Inks, seconded by Mr. Littrell and <br /> carried, the Addendum was approved and executed. <br /> ADOPT RESOLUTION 48-2004 - DESIGNATING Is" SOURCE BANK AS OFFICIAL <br /> DEPOSITARY OF THE CITY OF SOUTH BEND, INDIANA <br /> Upon a motion made by Mr. Inks, Seconded by Mr. Littrell and carried, the following Resolution <br /> was adopted by the Board of Public Works: <br /> RESOLUTION NO. 48-2004 <br /> A RESOLUTION OF THE BOARD OF PUBLIC WORKS OF THE CITY OF SOUTH BEND <br /> INDIANA DESIGNATING 1sT SOURCE BANK OF SOUTH BEND, INDIANA AS AN <br /> OFFICIAL DEPOSITORY OF THE CITY OF SOUTH BEND <br /> WHEREAS,the Controller of the City of South Bend has reviewed bids from various banks <br /> pertaining to the operation of the City's operation of the City's investment cash management system; <br /> and <br /> WHEREAS,the Controller has determined that the offer of V Source Bank of South Bend, <br /> Indiana is the best proposition received from a bank having a branch or headquarters located within <br /> the territorial limits of the City of South Bend, and <br /> WHEREAS, the Board is desirous of entering into a contract with the bank pursuant to the <br /> terms of Section I.C. 5-13-11-2. <br /> NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF PUBLIC WORKS OF THE <br /> CITY OF SOUTH BEND, INDIANA THAT: <br /> 1. The Board of Public Works hereby approves and accepts the recommendation of the <br /> City Controller to establish I"Source Bank of South Bend,Indiana as an authorized <br /> depository for the investment cash management system of the City of South Bend. <br /> 2. The Board of Public Works for the City of South Bend, Indiana hereby directs its <br /> attorney to prepare all documents necessary to carry out the extent expressed herein. <br /> 3. The City Controller is hereby authorized to execute any necessary documents <br /> pertaining to the establishment of these bank accounts. <br /> ADOPTED at the regular agenda session of the Board of Public Works for the City of South <br /> Bend meeting held on October 7, 2004 at 1308 County-City Building, South Bend, Indiana 46601. <br />