HomeMy WebLinkAbout09/23/82 Board of Public Works Special Meeting MinutesSPECIAL MEETING
SEPTEMBER 23, 1982
A special meeting of the Board of Public Works was convened at
9:40 a.m., on Thursday, September 23, 1982, by President John
E. Leszczynski, with Mr. Leszczynski, Mr. Richard L. Hill and
Mr. Joseph E,. Kernan present. Also present was Assistant City
Attorney Carolyn Pfotenhauer.
APPROVAL OF COMMUNITY DEVELOPMENT CONTRACT -
SOUTH BEND DEVELOPMENT CORPORATION
Mr. Jon Hunt, Director of the Department of Redevelopment, explained
that Board approval was requested on a standard form of Community
Development agreement with the South Bend Development Corporation
for the expenditure of $500,000 in the form of loans to assist in
maintaining a.strong retail outlet in downtown South Bend. He
advised that the scope of services was somewhat different from
standard Community Development contracts and provided, through the
use of the Economic Development Capital Fund, assistance by the
South Bend Development Corporation to economic enterprises through
a variety of mechanisms including, but not limited to, direct loans,
equity investments, working capital, loan guarantees, interest
subsidies and injection of seed funds. Mr. Hunt explained that
the attorneys for the South Bend Development Corporation have
reviewed the contract and have no objections to its language.
He hoped that the contract could be forwarded to the Development
Corporation for execution sometime the week of September 27, 1982.
Upon a motion made by Mr. Kernan, seconded by Mr. Leszczynski and
carried, the contract was approved.
APPROVE UTILITY EASEMENT AT MUNICIPAL SERVICES FACILITY
(I & M ELECTRIC)
Mr. Leszczynski noted that, in order for the Indiana & Michigan
Electric Company to relocate utility wires for the construction of
the salt storage facility at the Municipal Services Facility site,
it was necessary for the city to grant an easement to I & M to
enter upon the city's property to do so. Upon a motion made by
Mr. Leszczynski, seconded by Mr. Hill and carried, the easement
agreement was approved.
There being no further business to come before the Board, upon a
motion made by Mr. Leszczynski, seconded by Mr. Kernan and carried,
the meeting was adjourned at 9:45 a.m.
Richard L. Hill
Jose E. Kernan
ATTEST:
Barbara J. Bye s, Cleik