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HomeMy WebLinkAbout03-28-88 Human Resources & Economic Development Qiiimmtttnn Et pert IIIo the Tlommon & mutt of tie (Ong of South &Iv): HUMAN RESOURCES AND ECONOMIC DEVELOPMENT COMMITTEE The March 28, 1988 meeting of the Human Resources and Economic Development Committee was called to order by its Chairman Steve Luecke at 5:00 p.m. in the Council informal meeting room. Person in attendance included Councilmen: Luecke, Niezgodski, Soderberg, Puzzello, Slavinskas, Zakrzewski, Duda, Coleman, and Voorde; Jeff Gibney, citizen member, Don Inks, Beth Leonard, Ann Kolata, Jim Wensits, JoAnn Harper, Jon Hunt, and Kathleen Cekanski-Farrand. Councilman Luecke noted that the first item to be reviewed by the Commitee was Bill No. 9-88 which was a Bill to approve an amendment to the Industrial Revolving Fund of South Bend, Indiana, Trust Agreement. Mr. Don Inks, Director of the Division of Community Planning and Development then reviewed the Bill and the letter of March 25, 1988 regarding A.E. Piston, Inc. (copy attached) He noted that the Bill had been continued several times by the Common Council in light of the fact that the EDA had not given their approval. He noted that the Economic Development Administration has had this item since May of 1987. He advised the committee that he believes the City should go ahead with the Ordinance since the City has complied with all the requirements and was waiting for EDA action on the trust agreement. Councilman Luecke noted that if the EDA would not approve the Trust Agreement that in effect the $100,000. 00 would then act as a loan payment to the City. He further noted that it may result in a cash flow problem but would not result in any net loss to the City. Councilman Luecke further noted that the topic of annexation has been a topic of continuing discussion. He stated that because A.E. Piston has received certain State funds which were targeted to projects in non-incorporated areas, that annexation would not be pursued at the present time. Councilman Slavinskas noted that the training funds would require at least 75 employees and that the project currently has 63 employees. Following further discussion Councilman Coleman made a motion seconded by Councilman Slavinskas that Bill No. 9-88 be recommended favorably to Council. The motion passed. Councilman Luecke then noted that Resolution No. 88-16 would be considered under special business. This is a joint Resolution of the Council and the Mayor proclaiming April 2 through the 9th as "National Community Development Week". He further noted that the Mayor would be giving a presentation honoring the fact that the City and local bank consortium members would be reaching the one million dollar loan amount. Beth Leonard noted that the South Bend Home Improvement Loan Program has been in existence since 1975 and that 6 bank consortium members would be honored by the City namely: First Interstate, First Source, Summit Bank, Tower Federal, Trustcorp, and Valley American Bank. She noted that a total of 146 laons have been given over this period of time. Ann Kolata then reviewed Resolution No. 88-17 which would expand the boundaries of the South Bend Central Development area. She handed out a map indicating the new area in yellow (copy attached) . The area would add approximately 1.9 acres to the 447 acres currently comprising the South Bend Central Development area.. This expansion is necessary to refinance the stadium. She also noted that a public hearing would take place before the Redevelopment Commission on April 15th. Councilman Luecke questioned when an area ceases to be blighted. Mrs. Kolata noted that there is a sunset provision listing the year 2,000. She also noted that the tax reform act specifically addresses this area. Following further discussion Councilman Coleman made a motion seconded by Councilman Slavinskas that Resolution No. 88-17 be recommended favorably to Council. The motion passed. Councilman Coleman then made a motion seconded by Councilman Slavinskas that the meeting be adjourned. The motion passed. The meeting was adjourned at 5:20 p.m. Respectfully submitted, Councilman Steve Luecke, Chairman Human Resources and Economic Development Committee SL:srk Attachments