Loading...
HomeMy WebLinkAboutThe matter of C. E. Lee Company RESOLUTION 311-72 Passed by the Common Council of the City of South Bend, Indiana, JUNE 26 9 72 Attest: City Clerk Attest: President of Common Council. Presented by me to the Mayor of the City of South Bend, Indiana JUNE 2 9 19 72 City Clerk Approved and signed by me 19 Mayor RESOLUTION NO. 311-72 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA, IN THE MATTER. OF C. E. LEE COMPANY. WHEREAS, C. E. Lee Company has submitted its intention to the Economic Development Commission of South Bend to rehabilitate the property at 215 South Main Street, South Bend, Indiana. This property abuts the Indiana R-66 Urban Renewal Plan and Project in the Downtown South Bend, Indiana, area. WHEREAS, the C. E. Lee Company 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 C. E. Lee Company, 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 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 having jurisdiction of the area in which the proposed facility is to be built, and WHEREAS, the plan meets the desire of the Redevelopment Commission of the City of South Bend, and WHEREAS, now the C. E. Lee Company, seeks approximately $197, 000. 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 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 C. E. Lee Company 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 that the statement of public service on the part of the Economic Development Commission of the Area Plan Commission and the South Bend City 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 C. E. Lee Company, in the nature of a conditional commitment to enter into a lease with the C. E. Lee Company, 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. Peter J. Nemeth,Vres i en South Bend City Common Council FILED IN CLCPK'S OFFICE Irene Gammon MY CLERK,SOUTH BEND, IND I 2nd READING 6•a 7 d, COMMITTEE OF THE WHOLE PUBLIC HEARING QW 2 i 1972 3M READING �Y1� NOT APPROY.I;D REFERRE] PASSED a L HOWAR.J1 TEXECUTIVE D IPECTOR L1'F1yA PLAN COMMI S S I ON ROOM I29 COUNTY-CITY BUILDIN G 227 W.JEFFERSON Bf.VD.,SOUTH BEND. INDIANA 46601 ST. JOSEPH COUNTY, IND. (219)2 St-9 57 i June 21 , 1972 Mr . Karl G. King Jr . President Economic Development Commission City of South Bend In Re : 215 South Main Street Dear Mr. King : Please be advised that the Area Plan Commission , at its regular meeting held on June 20 , 1972 , reviewed your proposal for issuance of revenue bonds to remodel a building located at 215 South Main Street , South Bend , Indiana . Follol;iing due consideration , the Area Plan Commission found the proposal application to be consistent with the Central Downtown Urban Renewal Project and the area wide Comprehensive Plan for Community Development. Very truly yours , H014ARD BELLINGER , Executive Director HB/et 1 i i 'C' SOUTH BEND COMMUNITY SCHOOL CORPORATION \ / 635 SOUTH MAIN STREET SOUTH BEND, INDIANA 46623 Office of Superintendent jUn2 21 , 1972 Cif` 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 the issuance of revenue bonds to enable the remodeling of property at 215 South Main Street for the C. E. Lee Company in the downtown area of South Bend. 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 . Sincerely, Howard Goodhew, President Board of School Trustees H G/mm 3'. lo w-? .'tae ti ,-, t*. .j t o h: •yt ill T.1 r. . 1.�41f w:)ti•ti[� Cull, �`z�:_�,._i} <�a:z}F: �y� ,-, <� ;li e.�.t�,�.� f a: i �:_-♦��efy t o' rcv:-tae ` `♦ �•'u�.4'?-.1 �G/ eu�tui �)�`a i'1.�� \}-.�.. �1.: `; J+. Ii 1.uvi�...4�{: .is�}��v,f n+ 2 Zt i.•Onth p!Ji ifl-dL` G:� �.ij�� ,'a�:i�� �i6�' S.�✓._. _ .A�_�- :i"..1:� �:��.. .. it:. - �.�� ... �-y:`,✓:5ii:��<�Y��y'1:1's . L w .. .t'r: :X S �2s1 1'��w. :75 • J % x •� 1` :i2 S' i � • '`1' �9v A,cr TT� rr L•t. `is�2ii i..:V I._ L �y G L.�+yt.Y 1. ��.J,'.+L�:�Lj 3�C>♦> s/� 4c! Q}f i.Xi'-si.•.a..fit i.ur 1_'�e{:>:i�-�,:..a��� 1.'. iV fcor:{ frd ey.- JL��C���`.v;•� 0.. 'p�i'-111C _ 3 ii' tilt b to Of, this i . i 3 f virt-i' o this facility wx44L1 be fro-1.1 curare.►i-� I..in__ in :..c c.ilb, ani Of T'a aLlJti 1 1--t:°%.Iea o She sc so Ji hart iir L .tr O;°cti.-Nii r..)L d jilt �-e e-:r n .r,'>,n A ' Qi--• S�v LCIUVO Wit tle.:+ �'�.°'. ,}"�s�:%.' Z:y r 51'a �i rr�� j n•'-:p. +�ar, �j n L} w �Zt• y tlr� <�`.t ld Lctb ti he b+� � rcns .`a ��b < �i .i' a '.'b7 C :T•. 1 •Mtn 4 ...:�3 .�+. ,y.;,n s i >s. ;i .:.1 xO �;'I z; i`i�>}L z'w '. .r'• .l'1'.� :i%.i;...�1'Z:t an volume potential fur C. co-.0,1-11my, Inc. We have r-'i'Coly d advice 01 .a t•v".l�is'FA�f.�dl:L nz. .. . . t4 111-1a C-.nUr e o-IJ .b i�.,>f y3e.311 ...�� � s�.rASa lh'v. fry7ti»-S�l i.+�� r i -.T tF7 .�ia�. !for oY oi}u t L4� iZY St +a�4 lL`�sJYcci s e Y•ou.,~ i?a.�,�w ..•i 4i.�4�i �S.ii�i�4F•f oa �4-;1;;3.:S:3C :.� 5�1:d'Js a:tiFit tom© �s;:`Fl?"uiTJi3 � (' C:omicil �:a►i1 33fund C°i:y Attorney AtV,.ir-nc.y for C. fif Lce � 4 p+� 19, '1972 !/�� CID- ` `� q of revenue ....s <J tD L. ' 1 .- . ro Ys ,, 0 of t:�•v ✓f �'nL. _ J•lyl��� .i -.! .:tl` ..� a:1:ii I. ''_.7 ' :i' loot Pi_?�1'i�for 3e '-c 2 �:. .. ._. +•_..':a tf_i fs l`_. .:�iii oar �`��_..T1.�..�..o i•�i! ..�.:ti.4 ?:':rlb �:1 :+_dL a Z.tC- .'.A w:i_' UL for �vYi`..��.p :s., This WWI then 1.'.. �{,'.^;T,.�a �.l ;� t±:'� '��.• 3.�� a.., tO Serowe thin :iii= . er w f7`. c: r £ n 171111 lib • yDcwbapnvant Act, State of . B Lii.i..i:l iL'it L�ka �•J=..1...jy)v ion in Za ��Jb ii.t.�•''.� � i`l?6'.�... i)is �...� j;��?�j;� fS�� o vice to :_:; �i� .��j: i 1C.'•. IS i:r>>,.1 W which h t ... jaciSl.t`> in ?..v t- -j• (Pl•�.� �.;�� TT... ` r - rac55i:ity are those already at }1: la _ Zd Szrtfor'e La; r V.;01 C-"v ?IJI' cmal O ;t ♦-'� Me city, iy virtue of ild pr Jpc.• 113, t,.' 2`-i • I i 4 i I 1 h,--Z �'L".'. I .)�.' .:?vf�'�.. a . i'� L:,.w' e ....• ...mow. -ais�l- ii`}p }. .v• ., ., e ..J < :,i::Fl,a i is . . .� to d f7u .,;.,.:'� r.-,i- --a 2 a-d aw)�����`1.--1.��`�. Z,'; 1., .:."iy ((ems-.::.Ss3.3 e a V =NL�..3. 4• �wti: �i.3 i' w 1 4 1d,•-1 f..�1.;L L`--�. ♦A� :. .. 4„3�.d ��-J_may!..~.�.J. rs tea• Lc—, 'Ore.- i 1-71