HomeMy WebLinkAboutCreating a body coroporate and politic to be known as the South Bend Civic Center Building AuthorityRESOLUTION
No. 478 -75
Passed by the Common Council of the City of South Bend, Indiana,
APRIL 7, 19 75
Attest: T / `. a—"" City Clerk
Attest: / G'�/��% j��� ent of Common Council.
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Presented by me to the Mayor of the City of South Bend, Indian
APRIL 8, 19 75
Approved and signed by me w,3 AL41 19-7�1
City Clerk
Mayor
RESOLUTION NO. 478 -75
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND CREATING A BODY CORPORATE
AND POLITIC TO BE KNOWN AS THE SOUTH BEND
CIVIC CENTER BUILDING AUTHORITY.
WHEREAS, the City of South Bend, Indiana, pursuant to
the provisions of Indiana Code 1971, 19 -7- 18.5 -1, has the authority
to create by the adopting of an appropriate resolution an authority
for the purpose of financing, acquiring, constructing, equipping
and leasing to the City of South Bend land and a building or
buildings for civic purposes; and
WHEREAS, it is deemed to be in the best interests of
the City of South Bend, and advisable for said city, to establish
such an authority for the financing, acquiring, constructing,
equipping and leasing to the City of South Bend land and a building
or buildings for civic purposes.
NOW, THEREFORE, BE IT RESOLVED by the Common Council
of the City of South Bend as follows:
SECTION I. That there is hereby created, pursuant to
the provisions of the Indiana Code 1971, 19 -7- 18.5 -1, an authority
for the purpose of financing, acquiring, constructing, equipping
and leasing to the City of South Bend land and a building or
buildings for civic purposes.
SECTION II. That such authority created herein shall
be a body corporate and politic, and shall be known as the "South
Bend Civic Center Building Authority ".
SECTION III. That the Clerk of the City of South Bend
is directed to file forthwith a certified copy of this resolution
with the Judge of the St. Joseph County Circuit Court as provided
for by Indiana Code 1971, 19 -7- 18.5 -1.
SECTION IV. This resolution shall be in full force and
effect from and after its adoption by the Common Council and its
approval by the Mayor of the City of South Bend, Indiana, and upon
a signing of the amended state legislation by the Governor.
Adopted April 7, 1975, as amended.
RESOLUTION NO.
RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF
SOUTH BEND CREATING A BODY CORPORATE AND
POLITIC TO BE KNOWN AS THE SOUTH BEND CIVIC
CENTER BUILDING AUTHORITY
WHEREAS, the City of South Bend, Indiana, pursuant to the recently
enacted provisions of Indiana Code 1971 19 -7- 18.5 -1, has the authority to
create by the adopting of an appropriate resolution, an authority for
the purpose of financing, acquiring, constructing, equipping and leasing
to the City of South Bend, land and a building or buildings for civic
purposes; and
WHEREAS, it is deemed to be in the best interests of the City of
South Bend, and advisable for said City to establish such an authority
for the financing, acquiring, constructing, equipping and leasing to
the City of South Bend, land and a building or buildings, for civic
purposes.
NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City
of South Bend, as follows:
Section I. That there is hereby created pursuant to the provisions
of the Indiana Code 1971, 19 -7- 18.5 -1, an authority for the purpose of
financing, acquiring, constructing, equipping, and leasing to the City
of South Bend, land and a building or buildings, for civic purposes.
Section II. That such authority created herein shall be a body
corporate and politic, and shall be known as the "South Bend Civic
Center Building Authority ".
Section III. That the Clerk of the City of South Bend is directed
to file forthwith a certified copy of this Resolution with the Judge of
the St. Joseph County Circuit Court as provided for by Indiana Code 1971,
19 -7- 18.5 -1.
Section IV. This Resolution shall be in full force and effect from
and after its passage by the Common Council and its approval by the Mayor
of the City of South Bend, Indiana.
PRESENTED A/ - -7 - -7 S
NOT APPROVED
ADOPTED
Member of the Common Council
FILED IN CLERK'S CHIDE
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Irene Gammon
CITY CLERK, SOUTH BEND, IND.
CITY OF SOUTH BEND
South Bend, Indiana 46601
Jerry J. Miller
Mayor
Rollin E. Farrand, Sr., P. E.
Director, Public Works
Members of the Common Council
441 County /City Building
South Bend, IN 46601
Gentlemen:
Reply To: Department
of Public Works
April 2, 1975
This resolution, which establishes the South Bend Civic Center
Building Authority, is the first step toward the implementation
of recently enacted legislation which enables the City of South
Bend to finance, acquire, construct, equip and lease a major portion
of Century Center.
Utilization of this legislation and said Building Authority will
enable the City to issue bonds for this construction at Revenue
Bond rates, thus incurring a substantial savings.
Once this resolution is passed by the Common Council, the Circuit
Court shall appoint the five - member board required to serve as the
Civic Center Building Authority Board of Directors.
Very truly yours,
Rollin E. Farrand, P. E.
Director
REF:amc
Attachment