HomeMy WebLinkAboutThe matter of K & F Manufacturing Company RESOLUTION
334-72
Passed by the Common Council of the City of South Bend, Indiana,
OCTOBER 10 19 72
Attest: City Clerk
Attest: President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
OCTOBER 16 19 72
City Clerk
Approved and signed by me 19-7-z
Mayor
RESOLUTION NO. 334-72
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF
SOUTH BEND, ST. JOSEPH COUNTY, INDIANA, IN THE
MATTER OF K & F MANUFACTURING COMPANY, AN INDIANA
PARTNERSHIP , OF SOUTH BEND, INDIANA
WHEREAS , K & F Manufacturing Company, an Indiana
partnership, has submitted its intention to the Economic Development
Commission of South Bend to purchase land and constrct a new plant
to be located in the Granger Industrial Park, St. Joseph County,
Indiana.
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
K & F Manufacturing Company, an Indiana partnership. , and
WHEREAS, K & F Manufacturing Company, an Indiana partner-
ship 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 K & F Manu-
facturing Company, an Indiana partnership, 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 the City 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, K & F Manufacturing Company, an Indiana partnership
seeks approximately $70 ,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 t¢iL14IT(f
net net net lease sufficient to pay the principal allk . ,p
these bonds and obtain title at the end of the leat@,,CLi�h�0.�u.
1st & 2nd READING 10-0 ? D__
COMMITTEE OF THE WHOLE
PUBLIC HEARING
3rd READING
NOT APPROVED
REFERRED
PASSED 16 -10--7�1_
WHEREAS, by virtue of the net net net lease, the K & F
Manufacturing Company, an Indiana partnership, 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
accepted and approved, and
THEREFORE, be it resolved that the South Bend City
Common Council authorize the Economic Development Commission of the
City of South Bend to proceed to make preliminary agreements
with the proposed lessee, K & F Manufacturing Company, an Indiana
partnership, in the nature of a conditional commitment to enter into
a lease with K & F Manufacturing Company, an Indiana partnership. , 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 o Sou h Bend City Common Council
i
A. RESOLUTION SETTING FORTH THE NEED FOR ECONOMIC DEVELOPMENT
Resolution No. 15-72
WHEREAS: St. Joseph County 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 because of insufficient employ-
ment opportunities and insufficient diversifica-
tion of industry, the economic welfare of the
county would be benefited by approving the
application of K & F Manufacturing Co. , Inc.
for the proposed purchase of land and construc-
tion of a new plant in the Granger Industrial
Park, St. Joseph County, Indiana.
THIS RESOLUTION ADOPTED BY THE ECONOMIC
DEVELOPMENT COMMISSION OF THE CIVIL CITY
OF SOUTH BEND, INDIANA, THIS 22nd DAY OF
September 1972.
President - Karl King, Jr.
Vice Presi nt - Fred Craven
Secretary - Walter Mucha
j
i�
CITY OF SOUTH BEND
South Bend, Indiana 46601
Jerry J. Miller
Mayor
ECONOMIC DEVELOPMENT COMMISSION r
OF SOUTH BEND September 26, 1972
Mr. Aaron H. Huguenard, President
Board of School Trustees
South Bend Community School Corpora tic-'r,;
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 K & F Manufacturing Company of South Bend and
Indiana Partnership.
I would appreciate your immediate attention and indication of your
approval .
Sincerely,
iARL G. KING, JR.
President
Economic Development Commission
F
KGK:agk
cc: Mr. Jerry J. Miller, Mayor, its °a' South Bend
Mr. Peter Nemeth , President- , t' -end City Council
Mr. Charles Sweeney, City Att- " or South Bend
Mr. Kenneth Fedder, Economic Commission Attorney
Mr. Rudy Fermi , K & F Nanufa o„Ipany
Mr. Alex Kocsis , K & F M, nu` ` t Company
CITY OF SOUTH BEND
South Bend, Indiana 46601
Jerry J. Miller
Mayor ?'
ECONOMIC DEVELOPMENT COMMISSION
OF SOUTH BEND
September 26, 1972
Mr. Frank Miles , President
Area Plan Commission
County-City Building
South Bend, Indiana 46601
Dear Mr. Miles :
Pursuant to the Municipal Econom; c Development Act of 1965 as amended ,
rt
I am enclosing a copy of the repo :,f the City of South Bend's
Economic Development Commission a certain estimates pertaining to i
the application of K & F ManuFac ' .` Company of South Bend and k
Indiana Partnership.
I would appreciate your immediate attention and indication of your
approval .
KJ .! KING , JR.
Preyidc
�Ecc�no-_.i :. uevelopment Commission
KGK:bgr
cc: Mr. Jerry J . Miller , Mayor . '` 1ty of South Bend
Presiden` • South Send City Council
Mr. Peter Nemeth , City A.,,orey of South Bend
Mr. Charles Sti,eeney ,t cor!. �
ric ^evelo tent Commission Attorney
e
Mr. Kenneth Fedder , F M?, „factur. ^ Company
Mr. Rudy Fermi K & F ManUfacturinq Company
Mr. Alex Kocsis , K &
..... . .._ ..
_. ___
REPORT OF CITY OF SOUTH BEND
ECONOMIC DEVELOPMENT COMMISSION
MAKING CERTAIN ESTIMATES
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 proposed purchase of
land and construction of a new plant to be located in the Granger Industrial
Park, St. Joseph County, Indiana. The estimates are as follows:
(1) The number of public services or facilities, including
streets, sidewalks, schools, sewers, street lights, fire and police
protection which would be made additionally necessary or desirable
on account of the proposed acquisition are none and the expenses
therefore are none.
(2) The total cost of the proposed facilities, including purchase
of land, will be in the amount of $70, 000. 00.
(3) The total number of jobs to be created by the proposed
facilities will be approximately fourteen, and the estimated annual
payroll will be raised from $12, 500. 00 to $250, 000. 00 per year.
a
This property is properly zoned and the required utilities are
already available. A firm commitment letter to purchase the bonds has
been received by the Commission from a local institution. Since this
property is located in the County, we are working in conjunction with
the St. Joseph County Council.
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AREAPLAN COMMISSION UWeltli Rh;l.LlY:lP F.X F;C C'ffl is Itll
u!„„n I1!”cl,l•,,..; •1, 1.1•,1.1,.
' ICI OF ST. JOSEPH COUNTY, IND. z:; W. :I
IhFF:141i— 1
September 27 , 1972
Economic Development Commission
of South Bend
County-City Building
South Bend, Indiana 46601
Attention : Karl King, Jr. ,
President
In Re : K & F Manufacturing
Granger Industrial Park
Dear Mr. King:
The Staff of the Area Plan Commission has reviewed
the proposal for the K & F Manufacturing in the Granger
Industrial Park and finds it to be consistent with the Com-
prehensive Development Plan for the South Bend area. The
area in question is properly zoned.
Very truly yours ,
i
Howard Bellinger,
Executive Director
HB : lad
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SOUTH BEND COMMUNITY SCHOOL CORPORATION
635 SOUTH MAIN STREET SOUTH BEND, INDIANA 46623
Office of Superintendent September 28, 19 7 2
Mr. Karl King, President
Economic Development Commission ,
of South Bend
County-City Building
South Bend, Indiana
Dear Mr. King;
The Board of School Trustees for the South Bend Community School Corporation
endorses wholeheartedly the proposed purchase of land and construction of a
new plant to be located in the Granger Industrial Park, St. Joseph County,
Indiana by the K & F Manufacturing Company of South Bend and Indiana Partner-
ship.
The School Corporation does not consider that this project would cause any
major change in school enrollments :r 11-ring any burden upon present school
facilities .
Sincerely,
Aaron H. Huguenard, Pr sident
Board of School Truste
AHH/mm