HomeMy WebLinkAboutSM 10-05-66.October 5,
3 :00 P. M.
Presiding C
SOUTH BEND REDEVELOPMENT COMMISSION
SPECIAL MEETING
1966
120 W. LaSalle Ave.
fficer: Donald A. Wiggins, President South Bend, Indiana
1. A meeting of the South Bend Redevelopment Commission was held at the
.office of the Commission at Suite 1001, 120 West LaSalle Avenue in the City
,of South B nd, Indiana, on the 5th day of October, -1966, at 3 :00 o'clock
•P. M. (E.S.T.), being a special meeting of-said Commission and called pursuant
.to written notice personally delivered to all of the Commissioners in
-accordance with the By -Laws of the South - Bend Redevelopment Commission.
The Commissioners were present or absent as follows:
Present
Donald A. Wiggins, President -
James G. Louis, Vice President
Stephen E. Kompar, Secretary
Fred J Helmen, Assistant Secretary-
Also
sent:
Legal ounsel:
Staff:
The
.2.
Absent
Frank G. Koczan
Mrs. Guy P. Curtis, Redevelopment Trustee
Mrs. Janet Allen, Common - Council Member
Mr. William Drake, South Bend Urban League
Mr. Edgar Seybold, Civic Planning Association
Mr. Tom Trebat, Student, Notre Dame
Mr. Marc Carmichael, South Bend Tribune Reporter
Mr. Brad Bate, WSBT -TV - -
Mr. Jim Marchelewiez -, WNDU -TV
Mr. Bruce C. Hammerschmidt -
W. Jan Chong, Executive Director
Oliver J. Scott, Relocation Director
Mrs. B. Gene Skeldon, Secretary -
ident of the Commission declared a quorum present.
,The Commission unanimously approved the minutes of the regular meeting
.of September 15, 1966, upon the motion by Mr..Louis, seconded by Mr. Kompar.
.3. APPROVAL OF CLAIMS
Upon the m tion by Mr. Kompar, seconded by Mr. Louis, the Commission
unanimous) approved payment of the following claims, totaling $85,072.53.
mo.TRCT PY RNDTT17RPS ACCOUNT FUND R -29
St. Joseph Bank & Trust Co. - U. S. Treasury Bills
Abstract C mpany of St. Joseph County
-1-
$74,302.50
212.50
Total $74,515.00
R-S5
Options
David � Flora B. Alexander - #42-16,-
,,�,BellevLlle Investment Co. - #9-12
Colpaer-t Realty Corporation - #42-8
Walter & Barbara N. Gardner - #22-19
P. Raymond Guzman - #1-24
Abbye K. Johnson - #44-8
Wilson & Sarah Johnson - #40-9
LaSall? Acceptance Corp. - #33-4
Jules 4aessens - #41-11
William & Jessie M. Nesbitt - #38-24
Joseph A. & Henrietta Sanders - #2-7-6
William R. & Evell Smith - #42-12
Viola Washington - #42-21
Edith Williams - 442-17
James R. Borror - Mileage for September
IBM Corporation
Indiana & Michigan Electric Co. Site Office
Northern Ijid. Public Service Co. " ?I
Redevelopment Revolving Fund - Advance of Funds
`
'
Total $
.
,
37^40
_
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10.00
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10.00
lQ°QO
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10.00
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10.00
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477^QQ
IO°32
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Total
5,81-3.90
Payroll: September 16-30, 1966
W. Jan Chong $583,58
L. Glemin Bazbe 382.25
Dorothy
Z. Deane
$180.00
Gordon
L. Harrell
-222.50
Dorothy
N. Howell
175.00
Eva E.
Kroft
158.50
Fawn Belle
Rozek
212.50
Oliver
J. Scott
279.50
B. Gene
Skeldon
182.50
Vivian
NP Bond
25.00
Patricia
D.-Wagner
10.00
Charles
E. Maxwell
250.00
Juda E
Rozenberg
22.75
James It.
Borror
312.50
Sharon
L. Housand
42.90
Patricia
L. Joers
154.00
Ralph
L. Davis
7.50
Pamela
S. Bergen
3.50
Russell
K. Reece
438.90
L. Glenn °B rbe --Travel to Indianapolis
W. Jan Chong - Travel to Washington, D. C.
it t' Travel to Chicago, Ill.
Business Systems, Inc.
Indiana Bell Telephone Co. - Main Office
National A sn. Housing and Redevelopment Officials
Sheehan Service Center
South Bend Water Works - Gasoline
Weisberger Bros., Inc.
Xerox Corp ration
120 LaSa11 West, Inc.
4. BID PROPOSALS FOR REAL-ESTATE, R -7
Total
GRAND TOTAL
The Commis Toners and staff are happy to make the announcement -
that the disposition of the Sample Street Project, R -70 has
been completed this week with the sale of the last remaining
parcel, 2b, to the Raitt Corporation for the amount of $85,000.
Mr. Chong aresented an informative visual aid on the "before"
and "after' effects of this urban renewal project to the city.
S. NEW BUSINESS
$ 3,643.30
8.72
43.29
5.35
2.38
177.90
250.00
7.00
55.03
7.65
71.11
434.50
$ 4,706.23
$85,072.53
SALE OF LAST
PARCEL, SAMPLE
R -7
a. The Executive Secretary presented a petition signed` BONDING ISSUE,
by more than fifty owners of taxable real estate located within,, `LASALLE PARK,
the boundaries of the South Bend Redevelopment District re- R -57
questing the Commission to authorize and issue bonds in an
amount not to exceed $680,000 to pay the cost of acquisition,
clearance, rehabilitation, site improvement, and °renewal of
property described in Resolution No. 118, along with a
3-
verifying affidavit and as certified by the County Auditor. After
consideration of said petition, on motion by Mr. Louis, seconded
by Mr. Helmen, and unanimously carried, the petition was approved
and found to comply with the provisions of Section 64 -1910 of
Burns' Indiana Statutes, 1961 Replacement, and said petition was
received d placed on file.
After further consideration and discussion and on motion made
by Mr. Louis, seconded by Mr. Helmen, and unanimously carried, the
Commission adopted Resolution No. 148 which had previously been
prepared by bond counsel at the request of the Commission, which
Resolution is attached hereto and made a part hereof.
Mr. Brice C. Hammerschmidt, attorney for the Commission, stated
that it wo ld be necessary to hold a hearing on the additional
appropriation of the proceeds of the bonds not less than ten (10) °days
after the first publication and posting of the notice of such hearing.
After disc ssion and consideration the Commission decided to hold
such hearing at the office of the Commission at 120 West LaSalle
Avenue, Suite 1001, South Bend, Indiana, at 3:00 o'clock P.M._(E.S.T.)
or 2 :00 of lock P.M. (C.S.T.) on October 20, 1966. _
b. Al ng with this bond issue, it is necessary for °the CONTRACT FOR
Commission to execute a contract to hire special bond counsel. LEGAL COUNSEL
.The same p ocedure was followed in the last Redevelopment bond FOR BOND ISSUE
_issue in 1360. The Commission approved the acceptance of the LASALLE, R -57
.contract f r bond counsel with Mr. Hammerschmidt, upon the
_motion by 14r. Kompar, seconded by Mr. Helmen.
c. It is necessary to amend the Loan and Grant Contract for RESOLUTION 149, -
the Chapin Street Project, R -29, to make allowances for the re- FIRST AMENDA-
location a justment payments. The contract amount will be in- TORY CONTRACT,
.creased by $93,910, and the federal government requires another CHAPIN, R -29
contract t show this increase. The Commission unanimously
approved R solution 149, which authorizes execution of the
First Amen atory Contract, R -29, upon the motion by Mr. Kompar,
seconded by Mr. Louis.
d. Upon the motion by Mr. Louis, seconded by Mr. Helmen, 38 ADDITIONAL
the Commission approved the execution of an additional 38 option OPTION AGREE -
agreements which brings the total option agreements signed to MENTS, LASALLE
date to 69 The parcel identification for the 38 option agree-
ments approved today are as follows: 1 -24, 8 -5, 8 -8, 8 -10,
9 -9, 9 -10, 9 -12, 10 -3, 10 -6, 11 -8, 12 -16, 13 -7, 13 -17, 18 -1, 22 -9,
22 -13, 27-6, 29 -7, 33 -4, 36 -11, 38 -6, 38 -9, 38 -10, 38 -12, 38 -24,
39 -40 40 -9 41 -119 41 -16, 42 -8, 42 -9, 42 -12, 42 -16, 42 -17,,
42 -21 A & �,, 43 -23; 44 -8, 46 -14.;
6.
a. Rehabilitation, R -57. At this report,
3 rehabili-ation grants federally- approved; one
-4-
the staff has
for the
REHABILITATION,
LASALLE, R -57
maximum amount of $1,500 and two approved for approximately
$1,400. There are about 8 other grants being processed. The
staff is also making progress in submitting loans for federal
approval which will carry interest at 39/6 per annum. The staff
has listed about 80 properties in which needed improvements
have been pointed out to the owner. Upon request by owners,
the staff suggests reliable contractors, or if money is needed,
the staff will give financial aid for those in the project area
who are el aible.
b. Re.ocation LaSalle, R -57. To date,.there are 3 families RELOCATION,
who have moved from the project area into public housing. There LASALLE, R -57
are about 8 other families whose applications are being pro-
cessed by the Housing Authority. The staff is striving to get
more priva a housing for rental or sale. There are about 15
families w o state they are not willing to accept the purchase
price offered for acquisition of their properties. Many of
these families to be relocated may be eligible to receive the
relocation adjustment payment of up to $500 per family or
elderly individual. Certain requirements are necessary for
eligibility, such -as (1) any individual over age 62, (2) any
family who demonstrates that 20•% of his income is not enough for
his family to meet rentals established on the Schedule of
Average Annual Gross Rentals for Standard Housing in South Bend,
Form H -614. It appears that 11 of the 15 families so far are
eligible for the relocation adjustment payment.
c. Meetings. The Mayor's Advisory Committee on Community MEETINGS
Improvement will probably meet in about 2 weeks.
Th Community Development Roundtable has programmed a
Citizens Congress For Tomorrow Conference, to be held at the
University of Notre Dame on November 16, 1966. This is to be
an all day meeting with luncheon, and cost is about $4.00 per
Person. The objective is to make the entire community aware of
the variou3 public and private programs being carried out.
Eleven eon urrent sessions are scheduled and Mr. Chong will
serve on the session entitled "Better Living Accommodations".
Tha South Bend Human Relations and Fair Practices Com -_
mittee has scheduled a White House Conference on Housing for
November 2?, 1966, but the Redevelopment Department has received
no officia information or invitation as yet.
Department
Relocation
expected,
session.
very happy
property w:
LaSalle Park District Council met with the Redevelopment
on Thursday evening, September 29, 1966, in the
and Rehabilitation Office. About 20 people were
rut around 30 attended. This meeting was a good working
7r. Leo Newman made an offer stating that he would be
to come up with $200 to aid.for appraisal of anyone's
to felt the price offer was too low. No one accepted
-5
the offer. One observer stated there was a lack of communication
between the Redevelopment Department and the residents, but could
offer no s ggestions. This person admitted that he did not know
enough abo t the urban renewal program to make suggestions.
Mr. Chong expects to have a follow up meeting within a couple weeks
or so. Mr. Drake: suggested that the Redevelopment staff explain
publicly at the next:meeting. that no one has been offered more
money for their property -than the original offer. Mr. Drake has
heard this stated and the rumor should be stopped if it is not true.
The idea might have originated over a misunderstanding when the
Redevelopment Staff offered to pay the abstract- costs, which is
permissible, but the price offer has never been increased on any
property from the original offer.
The next special meeting of -the Redevelopment Commission will be
at 3:00 p. m., October 20, 1966, in.the office of the Redevelopment
Department.
7. ADJOURNMENT ADJOURNMENT
On motion dulv made and uassed. meeting adjourned at 4 :25 D. M.
.i
ig, Executive Di o D e'
ald A. Wiggins, Pres' t
ma
1'jX
on X
EXCERPTS OF MINUTES OF A SPECIAL MEETING
OF THE SOUTH BEND REDEVELOPMENT COMMISSION
HELD ON THE 5TH DAY OF OCTOBER, 1966
A meeting of the South Bend Redevelopment Commission was
eld at the office of the Commission at Suite 1001, 120 West
aSalle Avenue in the City of South Bend, Indiana, on the 5th
ay of October, 1966, at 3:00 o'clock P.M. (E.S.T.), being a
pecial meeting of said Commission and called pursuant to
ritten notice personally delivered to all of the Commissioners
n accordance with the By-Laws of the South Bend Redevelopment
ommission.
The Commissioners were present or absent as follows:
Present Absent
he President of the Commission declared a quorum present.
(Among other proceedings had and
actions taken were the following:)
The Executive Secretary presented a petition signed by
more than fifty owners of taxable real estate located within the
boundaries of the South Bend Redevelopment District requesting
the Commission to authorize and issue bonds in an amount not to
exceed $680,000 to pay the cost of acquisition, clearance,
rehabilitation, site improvement, and renewal of property described
in Resolution No. 118, along with a verifying affidavit and as
certified by the County Auditor. After consideration of said
petition, on motion duly made, seconded and unanimously carried,
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the petition was approved and found to comply with the provisions
of Section 64 -1910 of Burns' Indiana Statutes, 1961 Replacement,
and said petition was received and placed on file.
After further consideration and discussion and on motion
duly made, seconded and unanimously carried, the Commission
ado ted Resolution No. 148 which had previously been prepared
by bond counsel at the request of the Commission, which Resolution
is ittached hereto and made a part hereof.
Mr. Bruce C. Hammerschmidt, attorney for the Commission,
sta ed that it would be necessary to hold a hearing on the
add'tional appropriation of the proceeds of the bonds not less
tha ten (10) days after the first publication and posting of
the notice of such hearing. After discussion and consideration
the Commission decided to hold such hearing at the office of
the Commission at 120 West LaSalle Avenue, Suite 1001, South
Ben , Indiana, at 3:00 o`clock P.M. (E.S.T.) or 2:00 o'clock
P.M. (C.S.T.) on October 20, 1966.
• C
The meeting was then adjourned..
President, South Bend, //�
Redevelopment Commission
ATT ST:
Executive Secretary
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RESOLUTION NO. 148
WHEREAS, this Commission adopted Resolution No. 118
on qanuary 3, 1966, declaring certain real estate in the South
Bend Redevelopment District to be a blighted area; and
WHEREAS, this Commission held a hearing and confirmed
said determination on February 14, 1966, by the adoption of
Resolution No. 124 and
WHEREAS, the Common Council of the City of South Bend
approved said determination by the adoption of its Resolution
approving the Urban Renewal Plan and the Feasibility of
Relocation for Project No. Indiana R -57 (LaSalle Park Project)
on anuary 24, 1966; and
WHEREAS, this Project has been approved by the South
Bend Planning Commission on January 18, 1966; and
WHEREAS, a petition signed by more than fifty (50)
owners of taxable real estate located in the South Bend
Redevelopment District and certified by the St. Joseph County
Auditor, requesting the South Bend Redevelopment Commission
to issue bonds for the purpose of procuring funds to pay the
cost of acquisition, clearance, rehabilitation, site improvement,
and renewal of property described in said Resolution 118 and all
expenses necessarily incurred in connection with such Project,
has been filed with the Commission and
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WHEREAS, the Commission finds that in order to provide.
fu
ids for the payment of part of the costs of such Project, it
will
be necessary to issue bonds of the Redevelopment District
in
the amount of Six Hundred Eighty Thousand Dollars ($680,000),
now
therefore,
BE IT RESOLVED, by the South. Bend Redevelopment Commission
that:
1. For the purpose of providing fun, ds to be used in
paying
the acquisition, clearance, rehabilitation, site improvement,
and
renewal of property described in Resolution No. 118 and
incidental
costs necessary to be incurred in carrying out said
Project,
the City of South Bend, acting for and on behalf of
the
South Bend Redevelopment District, shall make a loan in the
a
ount of Six Hundred Eighty Thousand Dollars ($680,000). In
o
der to procure said loan, the City Controller is hereby
a
thorized and directed to have prepared and to issue and sell
t
e negotiable bonds of the City, payable solely out of a special'
tax
to be levied on all property within said District, to be
designated
as "Redevelopment District Bonds of 1966," in the
aggregate
principal amount of Six Hundred Eighty Thousand Dollars
($680,000),
which bonds shall be issued in the denomination of
Five
Thousand Dollars ($5,000.00), shall be numbered consecutively
from.
1 to 136, shall be dated as of the first day of the month
in
which such bonds are sold, and shall bear interest at a rate
not
exceeding five per cent (5/) per annum, (the exact rate or
rates
to be determined by bidding), which interest shall be payable
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on the first day. of January, 1968, and semi - annually thereafter
on Lanuary 1 and July l of each year, and shall be evidenced by
coupons attached to said bonds. Both bonds and interest coupons
shall be payable in lawful money of the United States of America
at the American Bank and Trust Company, South Bend, Indiana.
Said bonds shall mature as follows;
$100,000 on each January 1 i the years
1969 to 1974 inclusive; and $80,000 on
January 1 of the year 1975.
Said bonds shall be signed in the name of the City of
South Bend, acting for and on behalf of the South Bend
Redevelopment District, by the Mayor of said City, and
attest . ed by the City Controller, who shall „affix his official
seal to each of said bonds. The interest coupons attached
to said bonds shall be executed by placing thereon the
facsimile signature of the City Controller and said official,
by attesting said bonds, shall adopt as and for his .own proper
signature, his facsimile signature appearing on said coupons.
2. The form and tenor of said bonds and the interest
coupons to be attached thereto shall be substantially as follows,
to-wit:
UNITED STATES OF AMERICA
State of Indiana County of St. Joseph
No. $5,000
CITY OF SOUTH BEND
REDEVELOPMENT DISTRICT BOND OF 1966.
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The City of South Bend, in St. Joseph County,
State of Indiana, acting for and on behalf of the
South Bend Redevelopment District (which District
includes all of the territory within the corporation
boundaries of the City of South Bend) for value
received, hereby promises to pay to the bearer
hereof, solely out of a special tax to be levied
upon all of the property within the South Bend
Redevelopment District, the principal amount of
FIVE THOUSAND DOLLARS
on the first day of January, 1969, and to pay
interest thereon, solely out of the said special
tax, from the date hereof until the principal is
paid, at the rate of per cent ( %)
per annum, which interest is payable January 1, 1968, _
and semi- annually thereafter on January land July 1
of each year, upon presentation and surrender of
the annexed interest coupons as they severally become
due.
Both principal and interest of this bond are
payable in lawful money of the United States of
America at the American Bank and Trust Company,
South Bend, Indiana.
This bond is one of an authorized issue of
One Hundred.Thirty -six (136) bonds of like date and
tenor, except as to numbering and dates of maturity,
in the total amount of Six Hundred Eighty Thousand
Dollars ($680,000), issued by the South Bend
Redevelopment District pursuant to a resolution
adopted by the South Bend Redevelopment Commission
on October 5, 1966, and in strict compliance
with Chapter 176 of the Acts of 1953, as
supplemented by Chapter 187 of the Acts of 1955,
and Chapter 318 of the Acts of 1963, for the
purpose of providing funds to pay the cost of
acquisition, clearance, rehabilitation, site
improvement, and renewal of property described
in Resolution No, 118, adopted by the South Bend
Redevelopment Commission on January 3, 1966, and
all expenses necessarily incurred in connection
with said proceedings,
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This bond does not constitute a corporate
obligation or indebtedness of the City of South
Bend, but the same is an obligation of the South.
Bend Redevelopment District and is payable only
out of the special taxes to be levied upon all
of the property within said District and deposited
in the Redevelopment District Bond Fund of said
District. Under the provisions of the authorizing
statute, this bond is negotiable as an inland bill
of exchange.
It is hereby certified and recited that all
acts, conditions and things required by law and
the constitution of the State of Indiana to be
done precedent to and in the issuance, sale and
delivery of this bond have been properly done,
happened and performed in regular and due form
as prescribed by law, and that the total indebted -
ness of the South Bend Redevelopment District,
including the bonds of this issue, does not exceed
any constitutional or statutory limitation of
indebtedness. The City of South Bend, acting by
and through its Department of Redevelopment and its
Redevelopment Commission covenants that it will
cause a special tax for the payment of the bonds
of this issue to be levied, collected and applied
for that purpose.
IN WITNESS WHEREOF, the South Bend Redevelopment
Commission of the City of South Bend, St. Joseph
,County, State of Indiana, has caused this bond
to be signed by the Mayor of said City, in the name
of the City of South Bend, for and on behalf of the
Redevelopment District of said City, the signature
of said Mayor to be attested by the Controller
of the said City, the seal of said City Controller
to be affixed thereto, and the interest coupons
hereto attached to be executed by placing thereon
the facsimile signature of said City Controller as
of the first day of 19
CITY OF SOUTH BEND
By
(Seal of City
Co troller)
ATTEST:
City Controller
Mayor
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(Interest Coupon)
Coupon No.
On 19 the ,City
of South Bend, Indiana, acting for and on behalf
of the South Bend Redevelopment District, will
pay to bearer at the office of the American Bank
and Trust Company, South Bend, Indiana, out of the
Redevelopment District Bond Fund,
Dollars,
being the interest then.due on its Redevelopment
District Bond of 19 dated
19 No .
CITY OF SOUTH BEND
By (Facsimile)
City Controller
3. As soon as may be done after the adoption of this
resolution, the Executive Secretary shall give notice of the
filing of the petition for and determination to issue bonds
as required by,Sec..64 -1910 and Sec. 64 -1915 of Burns` Indiana
Statutes, 1961 Replacement. Said notice shall be published once
each week for two weeks in the two newspapers of general circulation
in the District, and said notice shall also be posted in three (3)
public places in the District.
4. Prior to the sale of said bonds, the City Controller
,shall cause to be published a notice of such sale once each week
for two weeks in two newspapers published and of general
circulation in the District, and at least one time in The
Indianapolis Commercial, a financial journal published in
the City of Indianapolis, Indiana, and The Bond Buyer, a.
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fin ncial journal_ published in the City of New York, New York.
The date fixed for the sale shall not be earlier than seven
(7) days after the last of such publications. Said bond sale
notice shall state the time and place of sale, the purpose
for which the bonds are being issued, the total amount thereof,
the maximum rate of interest thereon, the time and place of
paynent, the terms and conditions upon which bids will be
received and the sale made, and such other information as the
Cit7 Controller shall deem necessary. The notice of said
sala shall not, however, be published prior to the expiration
of. he period during which taxpayers may file remonstrances
or Dbjecting petitions to the issuance of said bonds. In the
event a remonstrance shall be filed by owners of taxable real
estate under the provisions of Sec. 64 -1910 of Burns` Indiana
Statutes, 1961 Replacement, then the bond sale notice shall not
be oublished unless and until the Redevelopment Commission shall
hava determined that such remonstrance is insufficient. In the
event an objecting petition or petitions are filed by taxpayers
under the provisions of Sec. 64 -1915 of Burns= Indiana Statutes,
196L Replacement, then the bond sale notice shall not be published
unl ss and until the State Board of Tax Commissioners shall issue
its order approving the issuance of said bonds. In the event it
shall be determined by the State Board of Tax Commissioners, or
otherwise, that the whole amount of the bonds herein authorized shall
not be issued, then the City Controller shall be authorized to
advertise and sell a lesser amount of bonds and the bonds not issued
and sold shall be the bonds of the latest maturity or maturities.
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5. All bids for said bonds shall be sealed and shall
be presented to the City Controller at his office. Bidders
for said bonds shall be required to name the rate or rates of
interest which the bonds are to bear, not exceeding five per
cent (5/) per annum, and such interest rate or rates shall be
in multiples of one - eighth (1/8) of one per cent (1/) and
not more than three (3) interest rates shall be named by each
bidder. Bids specifying more than one interest rate shall
also specify the amount and maturities of the bonds bearing
each rate, but all bonds maturing on the same date shall bear
the same rate. The Controller shall award the bonds to the
highest qualified bidder. The highest bidder shall be the one
wh6 offers the lowest net interest cost to the Commission, to
be determined by computing the total interest on all of the
bonds to their maturities and deducting therefrom the premium
bid, if any. No bid for less than the par value of said
bo ds, including accrued interest at the rate named to the
date of delivery, shall be considered. The Controller shall
have full right to reject any and all bids. In the event no
satisfactory bids are received on the day named in said notice,
thE Controller shall be authorized to continue the sale from
da to day thereafter for a period of thirty (30) days without
re advertisement; provided,'however, that if said sale be continued,
no bid shall be accepted which is lower than the highest bid
received at the time fixed for said sale in the bond sale notice.
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XERO %EROgr XE.Fi`pl
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The City Controller is hereby authorized and directed
to
obtain legal opinion as to the validity of said bonds from
Ice
Miller, Donadio & Ryan, bond counsel of Indianapolis, and
to
furnish such opinion to the purchaser of said bonds. The
cos
of said opinion_shall be considered a part of the cost of
said
project and shall be paid out of the proceeds of said bonds.
6. The Mayor is hereby authorized to execute said bonds
and
the City Controller is hereby authorized and directed to
have
said bonds and coupons prepared, attest the bonds, affix
his
seal, and execute the interest coupons to be attached thereto
in
the form and manner herein provided. After said bonds shall
-have
been properly executed, the City Controller shall deliver -
the
same to the St. Joseph County Treasurer, ex officio Treasurer
of
the City of South Bend and of the Redevelopment Commission,
and
shall take his receipt therefor; and upon the consummation
of the
sale of said bonds, the City Controller shall then certify
to the
Treasurer the amount which the purchaser is to pay for the
same;
thereupon,. said Treasurer shall be authorized to receive
from
the purchaser the amount so certified by the Controller and
to deliver
the bonds to such purchaser.
7. Subject to the hearing hereinafter mentioned, the
proceeds
of the said bonds shall be appropriated for application
on the
cost of acquisition, clearance, rehabilitation, site
imp
ovement, and renewal of property described in Resolution No. 118,
ado
ted by the Commission on January 3, 1966, and all expenses
necessarily
incurred in connection with said proceedings.
jf COPY„
t/
XERO XERO - { %GR01
COPY 1 ^OP7 COPY S-
J
The President and Executive Secretary are hereby authorized
to call a meeting of the Commission at which a public hearing
shall be held to -hear all taxpayers and interested persons
within the South Bend Redevelopment District on the matter
of paid appropriation.
r
M
w
y
r
N
October
3 :00 P.
Presidi
to ROL
.SOUTH BEND REDEVELOPMENT COMMISSION
SPECIAL MEETING
20, 1966
M. 120 W. LaSalle Ave.
ig Officer: Donald A. Wiggins;,- President _South Bend, Indiana
A special meeting of the South Bend Redevelopment "Commission was
held at the office of the Commission at Suite 1001, 120 West LaSalle
Avenue, South Bend, Indiana, on the 20th day of October 1966, at 3 :00
0"clock P. M., Eastern Standard Time, being a special meeting of said
Commission.
The Commissioners were present or absent as follows:
Present _. Absent -
Donald A. Wiggins, President Fred J. Helmen,, Assistant Secretary
James G. Louis, Vice President _
Stephen E. Kompar, Secretary
Frank G. Koczan
Als¢ Present:
Bo
St
The
2. APPP
Counsel:
Mrs. Janet Allen, Common Council Member
Mrs. Guy P. Curtis, Redevelopment Trustee
Mr. William Drake, South Bend Urban League
Mr. Edgar Seybold, Civic Planning Association
Mr. Grant Lewis, South Bend Realtor
Mr. Howard Bellinger, Area Plan Commission
Mr. Sheldon Osborn, Notre Dame Student
Mr. Paul Bartlo, Notre Dame Student
Mr. Rod Streff, Notre Dame Student
Mr. Jim Marchelewicz, WNDU -TV
Miss Mary Papa, WNDU -TV
Mr. Brad Bate, WSBT -TV
Mr. Robert L. Miller, representing Bruce Hammersehmidt
f: W. Jan Chong, Executive Director
L. Glenn Barbe, Assistant Director
Oliver J. Scott, Relocation Director
Mrs. B. Gene.Skeldon, Secretary
President of the Commission declared a quorum present.
OVAL OF MINUTES
The Commission unanimously approved the minutes of the special
meeting of October 5, 1966, upon the motion by Mr. Koczan, seconded
by Mr. Kompar.
3.
IMS
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