01-10-05 Council Meeting Minutes

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REGULAR MEETING TANUARY 10, 2005 Councilmember Kirsits stated that this ordinance shall not become effective except to the extent the schedule of rates ~md charges as set forth herein have been approved by the Indiana Utility Regulatory Commission, and all existing rates and charges of Ordianance No. 9246-O1 shall continue in effect until such approval. This being the time heretofore set for the Public Hearing on the above bill, proponents and opponents were given an opportunity to be heard. There being no one present wishing to speak to the Council either in favor of or in opposition to this bill, Councilmember Kirsits made a matron for favorable recommendation to full Council concerning this bill. Councilmember Kuspa seconded the motion which carried by a voice vote of nine (9) ayes. BILL NO. 85-04 PUBLIC HEARING ON A BII.L OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, APPROPRIATING $40,100 OF INDIANA DEVELOPMENT FINANCE AUTHORITY GRANT Fi_lNDS WITHIN FUND 210 FOR THE PURPOSE OF ENVIRONMENTAL INVESTIGATION OF PROPERTY LOCATED AT 700 SOUTH LAFAYETTE STREET IN SOUTH BEND, 1NDIANA Councilmember Kelly, Chairperson, Community and Economic Development Co~mluttee, reported that this committee held a Public Hearing on this bill this afternaon and voted to send it to the full Council with a favorable recommendation. Nlr. Andy Laurent, Economic Development Specialist, Cotmmunity and Economic Development Department, 1200 County-City Building, South Bend, Indiana, made the presentation for this bill. Nir. Latn-ent advised that this substituted bill corrects the address for the property for environmental assessment for Design Packaging, Inc., as 700 S. Lafayette Street. This bill will allow for the appropriation of $40,100 plus interest earned thereon, from the Indiana Development Finance Authority Site Assessment Grant Initiative. These funds will be used for environmental investigation of the former Transwester site, now owned by Design Packaging, Inc. The Design Paelcaging, Inc., business assets have been sold to Design Packaging, LLC a subsidiary of Tecumseh Con-ugated Box Company, Inc. Who continues t conduct operations on site. Tecumseh is now interested in purchasing the real estate, which is still owned by Design Packaging, Inc. To facilitate that transaction, Indiana Development Finance Authority awarded a grant to conduct environmental site assessment activities. This being the time heretofore set for the Public Hearing on the above bill, proponents and opponents were given an opportunity to be beard. There being no one present wishing to speak to the Council either in favor of or in opposition to this bill, Councilmember Dieter made a motion for favorable recommendation to full Comicii concetating this bill. Councilmember White seconded the motion which carried by a voice vote of nine (9) ayes. 10 ,;.,.