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Home My WebLink AboutThe matter of allied products corporation RESOLUTION No. 369-73 Passed by the Common Council of the City of South Bend, Indiana, APRIL 23 , 1973_. Attest: Ji 7'-- ' 4 City Clerk Attest: —PL- President of Common Council. Presented by me to the Mayor of the City of South Bend, Indiana APRIL 24 , 19 73 J�� /'�— � �'Y`° `L City Clerk Approved and signed by me Mayor r � RESOLUTION NO. 3 9- '),3 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA, IN THE MATTER OF ALLIED PRODUCTS CORPORATION, OF SOUTH BEND, INDIANA WHEREAS, Allied Products Corporation, has submitted its intention to the Economic Development Commission of South Bend, to equip, remodel and enlarge its existing facilities in South Bend, Indiana, in St. Joseph County. WHEREAS, the Economic Development Commission, pursuant to the statute, has found by written resolution that there exists insufficient employment opportunities and that the economic welfare of the City of South Bend, Indiana, would be benefited and the purpose of the statute would be accomplished by the acquisition and leasing of the above described property to Allied Products Corporation, and WHEREAS, Allied Products Corporation, has submitted a statement of public service to the above Economic Development Commission of the City of South Bend and said Commission has forwarded this statement of public service with their approval and comments to the South Bend School Corporation, a copy of which is attached, and WHEREAS, the affirmative response and analysis of the South Bend School Corporation, has been received as presented to the Clerk of the City of South Bend, and attached, and WHEREAS, the statement of public service by Allied Products Corporation, and the Economic Development Commission of the City of South Bend have been submitted for approval and comments to the Area Plan Commission of St. Joseph County and the affirmative action and comments of the Area Plan Commission have been received by the Clerk of South Bend, as attached, and WHEREAS, the requirements of the application as described in the "Municipal Economic Development Act of 1965 , of the State of Indiana" as amended have therefore been met to this point, including a projection of the number of jobs created, the estimated payroll created and the approximation of the cost of the land and construction, and the impact on utilities and fire and police facilities of the City of South Bend with the approvals of the school corporation and the Area Plan Commission have jurisdiction of the area in which the proposed facility is to be built, and WHEREAS, Allied Products Corporation seek approximately $4, 000 , 000. 00 from an issue of revenue bonds of the Economic Development Commission of the City of South Bend to be signed by its Mayor and by its City Clerk and further desires to enter into a lease of not to exceed 30 years duration to be known as a net net net lease sufficient to pay the principal and interest of these bonds and obtain title at the end of the lease, and WHEREAS , by virtue of the net net net lease , the Allied Products Corporation indicates its intention to pay all expenses of the operation, maintenance, insurance, property taxes , whatever of the facility. THEREFORE, be it resolved by the Common Council of the City of South Bend, Indiana, that the resolution and findings of the Economic Development Commission pertaining to this project be approved and incorporated in this resolution, and THEREFORE, be it resolved by the Common Council of the City of South Bend, Indiana, that the statement of public service on the part of the Economic Development Commission,of the Area Plan Commission and of the South Bend School Corporation be approved and accepted, and THEREFORE, be it resolved that the City of South Bend Common Council authorize the Economic Development Commission of the City of South Bend to proceed to make prelininary agreements with the proposed lessee , Allied Products Corporation in the nature of a conditional commitment to enter into a lease with Allied Products Corporation, and THEREFORE, be it resolved that the Economic Development Commission of the City of South Bend shall, as soon as the new lease form is properly prepared, submit the same to the Clerk of the City of South Bend, to be prepared by a member of the Common Council as a proposed ordinance for the acceptance of same , and issuance of revenue bonds to cover the amount of money needed. Member of Sout /Bend i Common Council PRESENTED ti- a 3- 17 3 NOT APPROVED ADOPTED FILED IN CLERK'S OFFICE 1st READ ti! - a 3_ -2.3 APR 18 1973 PUBLIC HEA G J a _ 3 r_ 2nd AP G 3 - - Irene Gammon NOT APP OVED - a REFERRE CITY CLERK, SOUTH BEND, IND. PASS A RESOLUTION SETTING FORTH THE NEED FOR ECONOMI' DEVELOPMENT Resolution No. 11-73 WHEREAS: The City of South Bend is still experiencing a high unemployment situation, and WHEREAS; By virtue of the need for additional industrial and economic development, and NOW, THEREFORE, BE IT RESOLVED by the Economic Development Commission that h--cause of insufficient employment opportunities and insufficient diversification of industry, the economic welfare of the city would be benefited by approving the application of Allied Products Corporation for the equipping, remodeling and enlarging of its existing facilities in South Bend. THIS RESOLUTION ADOPTED BY THE ECONOMIC DEVELOPMENT COMMISSION OF THE CIVIL CITY OF SOUTH BEND, INDIANA, THIS 13th DAY OF April 1973. President Karl G. King, Jr. Vice President - Peter J. Nemeth Secretary d Walter Mucha i^ REPORT OF CITY OF SOUTH B1J'Nll ECONOMIC DEVELOPMENT COMMISSION MAKING CERTAIN ESTIMATES I A 1 Pursuant to the Municipal Economic Development Act of 1965 as amended, the City of South Bend Economic Development Commission is required to make certain estimates in regard to the equipping, remodeling and enlarging of its existing facilities in South Bend by the Allied Products Corporation. The estimates are as follows: (1) The number of pubic services or facilities, including streets, sidewalks, schools, seuN ers; street lights, fire and Police protection which would be made additionally necessary or desirable on account of the proposed project are none and the expenses therefore are none. (2) The total project cost of the proposed project will be approximately .c"-_-_ 000, 000. 00. (3) The number of jobs to be created by the proposed facilities would be upwards of 100 with an estimated annual Payroll increase up to $1, 100, 000. 00. Allied Products Corporation has been in our community since 1964 The expansion of their operations here is vital to community growth and will mean additional spending power in the area of $1, 000, 000. 00. The company has committed contracts for work and the total additional taxes derived by the magnitude of the e.aip:nent to be installed will be sub- stantial. 4 i CITY OF SOUTH SEND South Bend, Indiana 46601 Jerry J. Miller Mayor Economic Development Commission April 13, 1973 of South Bend 320 West Jefferson South Bend, Indiana 46601 Karl G. King, Jr. President F. D. Craven Wa!ter A. Mucha Kenneth P. Fedder Counsel Mr. Aaron H. Huguenard, President Board of School Trustees South Bend Community School Corporation 635 South Main Street South Bend, Indiana Dear Mr. Huguenard: Pursuant to the Municipal Economic Development Act of 1965 as amended, I am enclosing a copy of the report of the City of South Bend's Economic Development Commission making certain estimates pertaining to the application of Allied Products Corporation of South Bend. I would appreciate your immediate attention and indication of your approval. Sincerely, Karl C. King, Jr. President KGK/kl cc: Jerry J. Miller, Mayor, City of South Bend Peter Nemeth, President, South Bend City Council James A. Roemer, South Bend City Attorney Kenneth Fedder, Counsel, Economic Development Commission Charles W. Lunger, Div. Pres. , Allied Products Corporation Kenneth B. Light, Corporate Sec. & Dir. Corporate Lava Dept. Allied Products Corporation w SOUTH BEND COMMUNITY SCHOOL CORPORATION .�.f 635 SOUTH MAIN STREET SOUTH BEND, INDIANA 46623 �4 Office of Superintendent April 16, 1973 I w 1 Mr. Karl King, President Economic Development Commission of South Bend County-City Building South Bend, Indiana 46601 Dear Mr. King: The Board of School Trustees for the South Bend Community School Corporation endorses wholeheartedly the equipping, remodeling, and enlarging of its existing facilities in South Bend by the Allied Products 3 Corporation. The School Corporation does not consider that this project would cause any major change in school enrollments nor bring any burden upon the present school facilities . Sincere ly, Aaron H. Huguenard Tesident Board of School Trus AHH/mm 9 1 1 t CITY OF SOUTH BEND South Bend, Indiana 46601 4 Jerry J. Miller Mayor Economic Development Commission of South Bend April 13, 1973 320 West Jefferson South Bend, Indiana 46601 Karl G. King, Jr. President F. D. Craven Walter A. Mucha Kenneth P. Fedder Counsel Mr. Frank Miles, President Area Plan Commission County-City Building South Bend, Indiana Dear Mr. Miles: Pursuant to the Municipal Economic Development Act of 1965 as amended, I am enclosing a copy of the report of the City of South Bend's Economic Development Commission making certain estimates pertaining to the application of Allied Products Corporation of South Bend. I would appreciate your immediate attention and indication of your approval. Sincerely, Karl G. King, Jr. President KGK/kl cc: Jerry J. :filler, Mayor, City of South Bend Peter Nemeth, President, South Bend City Council James A. Roemer, South Bend City Attorney Kenneth Fedder, Counsel, Economic Development Commission Charles W. Lunger, Div. Pres. , Allied Products Corporation Kenneth B. Light, Corporate Sec. s Dir. Corporate Law Dept. Allied Products Corporation AREA PLAN COMMISSION R(w aR D REI LiNGF R FX),cu P IVY,DIRECTOR R �I 121v COUNT`'-� Y SUILDINQ FM ON WAD. 80LITR IIF_ND. INDIANA 46" OF ST. JOSEPH COUNTY, IND. w JFF - April 18 , 1973 Karl G. King, Jr. , President Economic Development Commission c/o Office Engineers 117 N. Michigan Street South Bend, Indiana 46601 In Re: Allied Products Corporation Existing facilities in South Bend Dear Mr. King: The St. Joseph County Area Plan Commission has re- viewed the proposal of Allied Products Corporation for equipping, remodeling and enlarging its existing facilities in South Bend. The proposal is consistent with the present zoning and the Comprehensive Plan for Community Development. Very truly yours, Howard Bellinger, Executive Director HB:lari