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HomeMy WebLinkAboutAmendment of Inducement Resolution Relating to Automatic Molded Plastics Inc. and Aquarius Tool and Mold Inc. Project RESOLUTION NO. 1216-84 Passed by the Common Council of the City of South Bend, Indiana, October 8, 19 84 . Attest: gLi2-..ca.- l +✓ City Clerk Attest` �- ex _./€ Q President of Common Council. Presented by me to the Mayor of the City of South Bend, Indiana October 9, 19 84 . City Clerk Approved and signed by me v e---W-^-C^• 9 19 a' y 1.1C Mayor • RESOLUTION NO. �a � F -84 AMENDMENT OF INDUCEMENT RESOLUTION The City of South Bend, Indiana, Relating to: Automatic Molded Plastics, Inc. and Aquarius Tool and Mold, Inc. Project. WHEREAS, on August 13 , 1984 , this Common Council of the City of South Bend, Indiana ("Common Council") adopted Resolution No. 1184-84, Inducement Resolution, The City of South Bend, Indiana, Relating to: Automatic Molded Plastics, Inc. and Aquarius Tool and Mold, Inc. Project ("Resolution") ; and WHEREAS, the Resolution defined the economic develop- ment facilities ("Project") as follows: A. Automatic Molded Plastics, Inc. will acquire: Six (6) New Injection Molding Machines Support Equipment: Water Temperature Control Units Oil Temperature Control Units Material Dryers Material Loaders Material Grinders B. Aquarius Tool & Mold, Inc. will acquire: One General Electric Calma System Computer Aided Design/Computer Aided Machinery Two (2) C N C Bed Milling Machines One (1) C N C Wire Electrical Discharge Machine One (1) C N C Lathe One (1) Programmable Electrical Discharge Machine; and WHEREAS, in reliance on Resolution No. 1184-84, Automatic Molded Plastics, Inc. entered into obligations to purchase: Two (2) 45-ton Kawaguchi Injection Molding Machines Two (2) 85-ton Kawaguchi Injection Molding Machines Two (2) 125-ton Kawaguchi Injection Molding Machines; and Aquarius Tool and Mold, Inc. entered into obligations to purchase: One (1) General Electric Calma Cad/Cam Systems (computer-aided design/computer-aided machinery) ; and WHEREAS, in lieu of the acquisition of: Support Equipment: Water Temperature Control Units Oil Temperature Control Units Material Dryers Material Loaders Material Grinders, Automatic Molded Plastics, Inc. desires to acquire: One (1) 1 ,000-ton Injection Molding Machine or One (1) 500-ton Injection Molding Machine and Two (2) 200-ton Injection Molding Machines Process Control Units and Pro- duction Monitoring System for Injection Molding Machines Miscellaneous Support Equipment ("Substituted AMP Equipment") ; and in lieu of the acquisition of: Two (2) C N C Bed Milling Machines One (1) C N C Wire Electrical Discharge Machine One (1) C N C Lathe One (1) Programmable Electrical Discharge Machine, Aquarius Tool and Mold, Inc. desires to acquire: Two (2) CNC Milling Equipment Units One (1) Wire-cut Electronic Dis- charge Machine Miscellaneous Support Equipment, ("Substituted ATM Equipment") ; and WHEREAS, this Common Council finds that the acquisition of the Substituted AMP Equipment and Substituted ATM Equipment satisfies the qualifications and declarations of Resolution No. 1184-84 and that Resolution should be amended. NOW, THEREFORE, the Common Council moves as follows: 1. The following language of Resolution No. 1184-84 is 2. amended to read as follows: A. The listing: Support Equipment: Water Temperature Control Units Oil Temperature Control Units Material Dryers Material Loaders Material Grinders shall be amended to read: One (1) 1 ,000-ton Injection Molding Machine or One (1) 500-ton Injection Molding Machine and Two (2) 200-tom Injection Molding Machines Process Control Units and Pro- duction Monitoring System for Injection Molding Machines Miscellaneous Support Equipment. B. The listing: Two (2) C N C Bed Milling Machines One (1) C N C Wire Electrical Discharge Machine One (1) C N C Lathe One (1) Programmable Electrical Discharge Machine shall be amended to read: Two (2) CNC Milling Equipment Units One (1) Wire-cut Electronic Dis- charge machine Miscellaneous Support Equipment. 2. All other language and terms of Resolution No. 1184-84 shall remain in effect as of the date of its adoption by the Common Council and approved by the Mayor of South Bend, Indiana. Memb-r of Common Council PRESENTED to —e —cr y FILED III CLEITS OFFICE NOT APPROVED OCY 198 ADOPTED ( o - •-le j // Irene Gammon 3, CITY CLERK,SOUTH BEND,RID. toOTI-It% o F � ; x 9 CITY of SOUTH I BEND 9e fh-�""" �j ROGER O. PARENT, Mayor e 1868 Economic Development Commission Alice Neddo Staff Administrator Jerry Hammes, President 230 W. Jefferson Boulevard Walter Szymkowiak, Vice President P.O. Box 1677 Walter A. Mucha. Secretary South Bend, Indiana Kenneth P. Fodder,Councel October 3 , 1984 46634-1677 Alice Neddo, Asst. Sec. (219) 234-0051 Members of the Common Council County-City Building South Bend, IN 46601 Re : Automatic Molded Plastics and Aquarius Tool and Mold - Proposed Amended Resolution Dear Councilmen: We are enclosing a copy of a proposed Amended Resolution on behalf of Automatic Molded Plastics and Aquarius Tool and Mold. Since Resolution 1184-84 was adopted by the Common Council on August 13 , 1984, we have determined that new equipment not covered by the previously passed Resolution will be purchased, and this is the basis for the request to amend the prior Resolution, to authorize these -dditional purchases . We appreciate your passage of the recommended Amended Resolution. Res . ctfully, obhI Via- . . 41o1 NETH ' . FEDDER A torn- for the South Bend Ec. . 11c Development Commission KPF :ram