Laserfiche WebLink
ORDINANCE NO. <br />AN ORDINANCE AUTHORIZING THE EXECUTION OF A LEASE, <br />TRUST INDENTURE, ECONOMIC DEVELOPMENT REVENUE BONDS <br />AND THE FORMS AND TERMS OF THE LEASE AND TRUST <br />INDENTURE AND BONDS AND THE ISSUANCE OF ECONOMIC <br />DEVELOPMENT REVENUE BONDS PERTAINING TO INTERNATIONAL <br />BAKERS SERVICES, INC. <br />WHEREAS, the Common Council of the City of South Bend, Indiana, <br />heretofore has created the South Bend Economic Development Commission <br />pursuant to the provisions of the Municipal Economic Development <br />Act of 1965, as amended, and <br />WHEREAS, the South Bend Economic Development Commission has <br />found by a written resolution that because of existing insufficient <br />employment opportunities, or insufficient diversification of industry, <br />or insufficient pollution control measures, the economic welfare of <br />the City of South Bend, Indiana, would be benefited by the acquisi- <br />tion and leasing to others of industrial facilities, and such resolu- <br />tion and finding has been approved by the Common Council of the <br />City of South Bend, Indiana, and <br />WHEREAS, the South Bend Economic Development Commission has <br />prepared a report estimating the public services which would be <br />desirable by the proposed project, and the expenses thereof, the <br />total project costs of the proposed project and the number of jobs <br />and the estimated payroll on account of the acquisition and leasing <br />of the proposed facilities relating to the International Bakers <br />Services, Inc., and such report has been submitted to the Chairman <br />of the Plan Commission and to the Superintendent of the South Bend <br />Community School Corporation and their written comments have been <br />received by the Clerk of the Common Council of the City of South <br />Bend, Indiana, and such reports and comments have been appropriately <br />made to such Council, and <br />WHEREAS, the South Bend Economic Development Commission has <br />approved this form of ordinance authorizing the execution of a <br />FILED IN CLERK'S OFFICE <br />MAY 2 31973 <br />Irene Gammon <br />CITY CLERK, SOUTH SEND, IND., <br />