The URL can be used to link to this page

Home My WebLink AboutThe matter of J. E. Walz, Inc. RESOLUTION 333-72 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 72 19 City Clerk Approved and signed by me C 6 19 7.Z K-X L Mayor RESOLUTION NO. 333-72 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA, IN THE MATTER OF J. E. WALZ , INC. OF SOUTH BEND , INDIANA WHEREAS, J. E. Walz , Inc. of South Bend has submitted its intention to the Economic Development Commission of South Bend, to construct a new commercial building on the siteof 3423 South Michigan Street, in South Bend, Indiana. WHEREAS , the Economic Development Commission, pursuant to the statute, has found by written resolution that there exists in- sufficient 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 J. E. Walz, Inc. of South Bend, and WHEREAS, J. E. Walz , Inc. of South Bend 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 J. E. Walz , Inc. of South Bend 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 bo built, and WHEREAS , now the J. E. Walz , Inc. of South Bend, seeks approximately $300,000 . 00 from an issue of revenue bonds of the Economic Development Commission of the City of South Bend to be signed by the Mayor and by its city clerk and further desires to enter into a lease of not more than 20 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 J. E. Walz , Inc. of South Bend 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, the J. E. Walz , Inc. of South Bend, in the nature of a conditional commitment to enter into a lease with the J. E. Walz , Inc. of South Bend, 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 the outh Be City Common uncil FILED IN CLr°K'S OFFICE Irene Gammon CITY CLERK, SOUTH BEND, IND. 1st & 2nd READING COMMITTEE OF THE WHOLE PUBLIC HEARING 30 READING Cs � 27 1972 NOT APPROVED REFERREQ PASSED /0 10 a: t CITY OF SOUTH BEND South Bend, Indiana 46601 Jerry J. Miller Mayor September 22, 1972 ECONOMIC DEVELOPMENT COMMISSION OF SOU TIi BEND 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 J. E. Walz, Inc. of South Bend. I would appreciate your immediate attention and indication of your approval. Sincerely,, i Karl G. Kin Jr. President Economic Development Commission KGK/nt enc. cc: Jerry J. Miller, Mayor, City of South Bend Peter Nemeth, President, South Bend City Council Kenneth Fodder, Economic Development Commission attorney John A. Walz, J. E. Walz, Inc. Charles Sweeney, Jr. , South Bend City Attorney i i 1 CITY OF SOUTH BEND South Bend, Indiana 46601 Jerry J. Millor September 22, 1972 Mayor ECONOMIC DEVELOPMENT COMMISSION OF SOUTH BEND Mr. Aaron H. Huguenard, President Board of School Trustees South Bend Community School Corporation 635 South Main Street South Bend, Indiana Dear Mr. I3uguenard: Pursuant to the Municipal Economic Development Act o: 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 J. E. Walz, Inc. of South Bend. I would appreciate your immediate attention and indication of your approval. Sincerel Karl G. King, Jr. President Economic Development Commission KGK/nt Flf Fn l"I ri r"K'S OFFICE enc. eiTY cLE8K "UU1H DEND, IND. cc: Jerry J. Miller, Mayor, City of South Bend Peter Nemeth, President, South Bend City Council Kenneth Fedder, Economic Development Commission attorney John A. Walz, J. E. Walz, Inc. 5LP 2 7 1972) Charles Sweeney, Jr. , South Bend City Attorney i•. A37 110%YARD BE LINGER. EXECUTIVE.DIRECTOR ROOM 1219 COUNTY-CITY BUILDING ^ 227 W.JEFFERSON BLVD., SOUTH BEND, INDIANA 91 �C b i ��. J VSE g H NTY, I ND. (218)284-9571 September 26, 1972 Economic Development Commission of South Bend County-City Building South Bend, Indiana 46601 Attention: Karl King, Jr. , President In Re: J. E. Walz , Inc. of South Bend Dear Mr. King: The Staff of the Area Plan Commission has reviewed the proposal for J. E. Walz , Inc. at 3423 South Michigan and find it to be consistent with the Comprehensive Develop- ment Plan for the South Bend area. The area in question is properly zoned. Very truly yours , Howard Bellinger, Executive Director HB:lad FILED IN CLC°K'S O'-FirE hne ua lni en CiTY C!PK 'III tH 8FfID 5ii Z 7 1972' I 1 • REPORT OF CITE' 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 construction of a building at 3423 South Michigan Street in South Bend, Indiana, the existing site of the former structure. The owner of this site is J. E. Walz, Inc. of South Bend, 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 facilities are none and the expenses therefore are none. (2) The total reconstruction cost of the proposed facility, including all necessary financial costs, will be in the amount of $300, 000. 00.. (3) The number of jobs to be created by the proposed recon- struction will be a retention of their prior 40 employees, and with additional design, an approximate estimated additional 10 to 15 employees. The estimated annual payroll will be $250, 000. 00 to $300, 000. 00. The Walz operation has been in our community for sixty years. They are a landmark in merchandising operation and they serve, not only our community, but adjacent communities. Reconstruction of this building will enhance the area and assure the continuation of a sound tax base. r 'FILED IN C1 D1�'c Irene ��,. .. CITY CLERK OP 2 7 197 2