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HomeMy WebLinkAbout11-29-84 Council Special Meeting MinutesSPECIAL MEETING NOVEMBER 29, 1984 Be it remembered that the Common Council of the City of South Bend met in the Council Chambers, 4th floor, County -City Building, November 29, at 4:30 p.m. The meeting was called to order and the Pledge to the Flag was given. ROLL CALL Present: Council Members Serge, Braboy, Puzzello, Taylor, Zakrzewski, Crone, Paszek, and Voorde Absent: Council Member Beck TO THE MEMBERS OF THE SOUTH BEND COMMON COUNCIL: NOTICE OF A SPECIAL MEETING OF THE COMMON COUNCIL You are hereby notified that there will be a special meeting of the South Bend Common Council, Thursday, November 29, 1984, at 4:30 p.m. To hold reading, public hearing, and Council action on the following resolution: A RESOLUTION of the South Bend Common Council authorizing the Mayor to submit an application for an Urban Development Action Grant to the United States Department of Housing and Urban Development. /s/ Joseph T. Serge Member of the Common Council /s/ Robert G. Taylor Member of the Common Council / Beverlie J. Beck Member of the Common Council ATTEST; /S/ Irene K. Gammon IRENE K. GAMMON, City Clerk /s/ Ann B. Puzzello Member of the Common Council /s/ Thomas Zakrzewski Member of the Common Council /s/ Beverly D. Crone Member of the Common Council /s/ Al B. Paszek - Member of the Common Council THE ATTACHED CALL for a special Council Meeting came to hand the 20th day of November 1984, which I served by reading the same to each Councilman upon that same date. /s/ Joseph' T. Serge Member of the Common Council /s/ Eugenia Braboy Member of the Common Council /s/ Beverlie J. Beck Member of the Common Council /s/ Ann B. Puzzello Member of the Common Council Robert G. Taylor Member of the Common Council /s/ Thomas Zakrzewski Member of the Common Council /s/ Beverly D. Crone Member of the Common Council /s/ Al B. Paszek Member of the Common Council or by leaving a certified copy thereof at the last and usual place of residence of such members as I was unable to find, as follows: John Voorde 817 West North Shore Drive South Bend, IN 46617 RESOLUTION NO. 1234 -84 /s/ Cpl. Violie Member of the South Bend Police Department A RESOLUTION OF THE CITY OF SOUTH BEND, INDIANA, AUTHORIZING THE MAYOR TO SUBMIT AN URBAN DEVELOPMENT ACTION GRANT UDAG APPLICATION TO THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. WHEREAS, the City of South Bend is dedicated to pursuing economic development through financial and physical improvement strategies which contribute to the revitalization of the Central Downtown Urban Renewal Area, stimulate the local economy, and, thereby, benefit the people of South Bend as a whole; and WHEREAS, the creation of new jobs in the downtown will bolster the service, retail and entertainment /restaurant business in the Central Downtown Urban Renewal Area; and REGULAR MEETING NOVEMBER 29, 198# WHEREAS, the proposed credit union headquarters and office complex fits into an overall development concept which emphasizes the need for a strong, growing financial and office market around which the consolidation and reconstitution of retail will take place; and WHEREAS, a new anchor for the central portion of the River Bend Plaza will be created which should inspire redevelopment of adjacent vacant commercial structures and thus'enhance the Central Downtown Urban Renewal Area both physically and economically; and WHEREAS, the newly constructed credit union headquarters and office complex will increase the property value of the currently underutilized site, ultimately broadening the tax base in our community; and WHEREAS, the receipt of an Urban Development Action Grant would make the proposed development financially viable; and WHEREAS, there exist no alternative sources of public funds for this project, and therefore, the project will not occur without the assistance of the Urban Development Action Grant. NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA: SECTION I. Hereby establishes the authority of the Mayor of the City of South Bend to submit under Title I of the Housing and Community Development Act of 1977, an Urban Development Action Grant Application to the United States Department of Housing and Urban Development for a credit union headquarters and office complex in the Central Downtown Urban Renewal Area. SECTION II. This resolution shall be in full force and effect immediately upon passage by the Common Council of the City of South Bend, Indiana, and approval by the Mayor. /s/ Eugenia Braboy Member of the Common Council A public hearing was held on the resolution at this time. Jon Hunt, Director of conomic Development, indicated this $425,000 UDAG, combined with a $7,500,000 IRB, would provide the financing for Teachers Credit Union. He indicated that in addition, the City has committed, through its 108 loan money, to build a 109 space parking facility. He indicated that 113 new jobs would be created, with an additional 80 jobs in the tenant space. He indicated that 137 existing employees will move into the building. Ben Hawkins, president of Teachers Credit Union, thanked the Council and the Administration for their assistance. Steve Anilla, architect, showed a drawing and gave a description of the building. Council Member Voorde made a motion to adopt this resolution, seconded by Council Member Zakrzewski. The resolution was adopted by a roll call vote of eight ayes. There being no further business to come before the Council, Council Member Taylor made a motion to adjourn, seconded by Council Member Puzzello. The motion carried and the meeting was adjourned at 4:50 p.m. ATTEST: City Clerk APPROVED: Vice President