05-26-87 Council Meeting Minutes

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REGULAR MEETING �e MAY 26, 1987 WHEREAS, the Human Resources and Economic Development Committee of the Common Council has reviewed said report and recommended to the Common Council that the area qualifies as an Economic Revitalization Area. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. That the Common Council hereby accepts the report and recommendation of the Human Resources and Economic Development Committee that the area herein described be designated an Economic Revitalization Area and hereby adopts a resolution designating this area as an Economic Revitalization Area for purposes of real property tax abatement. SECTION II. That this designation shall be limited to five (5) calendar years from the date of the adoption of this resolution by the Common Council. SECTION III. That the Common Council directs the City Clerk to cause notice of the adoption of this resolution to be published, said publication providing notice of the public hearing before the Common Council on said declaration. SECTION IV. This resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. /s /Joseph T. Serge Member of the Common Council A public hearing was held on the resolutions at this time. Ernest Szarwark, attorney, indicated that Allied products is a diversified corporation which owns two divisions in the City: the first is the South Bend Stamping Division, and the second is the White Farm Equipment Division. He indicated the abatements are for the stamping division. He indicated that Allied proposes to spend approximately $375,000 to renovate the building and the parking area, and $1,095,000 to upgrade the equipment. He indicated the stamping division is facing mounting competition not only from domestic producers but from Japanese producers. He indicated this project will save approximately 30 existing jobs. Council Member Zakrzewski made a motion to adopt Resolution No. 1507 -87, seconded by Council Member Barcome. The resolution was adopted by a roll call vote of nine ayes. Council Member Zakrzewski made a motion to adopt Resolution No. 1508 -87, seconded by Council Member Paszek. The resolution was adopted by a roll call vote of nine ayes. RESOLUTION NO. 1509 -87 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AUTHORIZING THE MAYOR TO SUBMIT TO THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AN APPLICATION FOR THE RENTAL REHABILITATION PROGRAM AND FOR THE SOUTH BEND PUBLIC HOUSING AUTHORITY TO SUBMIT AN APPLICATION FOR SECTION 8 HOUSING SUBSIDY. WHEREAS, the Mayor of the City of South Bend, Indiana, is the Chief Executive Officer of the City and is the applicant for funds made available through the United States Housing Act (the Act). The Rental Rehabilitation Program is authorized by Section 17 of the Act which was enacted into law in Section 301 Housing and Urban -rural Recovery Act of 1983; and WHEREAS, Section 8 of the United States housing Act of 1937, as amended, authorizes the Housing Authority to develop, own, or assist in housing for low- income persons; and WHEREAS, there currently exists in South Bend, Indiana, a need for housing which is not being provided by the private sector; and WHEREAS, the U.S. Department of Housing and Urban Development has available funds for such purpose. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana: SECTION I. That the Mayor of the City of South Bend, Indiana, is hereby authorized to submit the Rental Rehabilitation application to the United States Department of Housing and Urban Development. SECTION II. That the Common Council hereby authorizes the Housing Authority of the City of South Bend, Indiana, to submit an application to the U.S. Department of Housing and Urban Development for fourteen (14) units of housing to be funded by Section 8 of the United States Housing Act of 1937, as amended. SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. /s/ Joseph T. Serge Member of the Common Council