HomeMy WebLinkAboutAuthorizing the Mayor to Submit an Application to the Indiana Department of Commerce for the State Investment Incentive Program Fund - Container Services Corp. RESOLUTION
NO. 1410-86
Passed by the Common Council of the City of South Bend, Indiana,
April 1 . 19 86 .
Attest: �� (C - City Clerk
Attest: : tt_ ./ _ / • xo' _/ ' esident of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
April 2 , 19 86.
'e." ` /°�"'� ��—� City Clerk
Approved and signed by me 0/94L'' 2 19 c C .
Mayor
RESOLUTION NO.lygn-a'(0
RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF
SOUTH BEND, INDIANA, AUTHORIZING THE MAYOR TO
SUBMIT AN APPLICATION TO THE INDIANA DEPARTMENT
OF COMMERCE FOR THE STATE INVESTMENT INCENTIVE
PROGRAM FUND.
WHEREAS, the City of South Bend is dedicated to pursuing
economic development through promoting growth of businesses which
stimulate the local economy and thereby benefit the people of
South Bend as a whole; and
WHEREAS, the Container Services Corporation project will
benefit the local economy, specifically by creating new
manufacturing jobs and new construction jobs, by generating new
taxes on real and personal property, by utilizing vacant land,
and by contributing to the construction of a new building and
infrastructure development in the South Bend community; and
WHEREAS, the location of Container Services Corporation, a
new manufacturing industry, into the South Bend area fits into
our overall development concept as it will contribute to the
restoration and diversification of our industrial base; and
WHEREAS, the receipt of a State Investment Grant will enable
the City of South Bend to finance a portion of the production
equipment costs necessary to allow Container Services Corporation
to commence operations at their newly constructed manufacturing
facility in the Airport Industrial Park.
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 a State Investment Grant
application to the Indiana Department of Commerce for the
Container Services Corporation industrial project.
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.
I .
M- be of the Commoouncil
MAR 2 6 1986
PRESENTED /t-/-eg` F • , ,,,
NOT APPROVED
ADOPTED 5/-/_ ,7b