|
<br />REGULAR MEETING MAY 14, 2012
<br />
<br />
<br />
<br />Trent Rock, Federal Mogul, 3605 W. Cleveland Road, South Bend, Indiana, made the
<br />presentation for this bill.
<br />
<br />Mr. Rock advised that Federal-Mogul Powertrain, Inc. is a manufacturer of automotive
<br />pistons. Customers include most of the major foreign and domestic automotive
<br />manufacturers. Operations in South Bend began in 1987. Federal-Mogul, Inc. has
<br />maintained employment levels consistently between 300 and 400 full time positions with
<br />total salaries between $18 million and $20 million. Total gross sales generated from the
<br />South Bend facility averaged $82 million over the past five years. Approval of this
<br />application will allow for continued capital investment in the South Bend facility.
<br />Without additional investment and greater production efficiencies offered by newer
<br />processes and new product lines, more than 70% of the existing production would likely
<br />be shifted outside of Indiana most likely to another country. The project will invest
<br />$18,340,000 in new manufacturing equipment including: 1) a Gen V 5.3 L Piston Line;
<br />2) a Gen V 4/3L/6.2: Piston Line; 3) a LKW 2.5 L Piston Line; and 4) an aluminum bulk
<br />metal furnace. Additionally, they will install a new R & D prototype lab costing
<br />$3,462,000. The total project cost is $21,802,000.
<br />
<br />A Public Hearing was held on the Resolution at this time.
<br />
<br />There being no one present wishing to speak to the Council either in favor of or in
<br />opposition to this Resolution, Councilmember Henry Davis, Jr. made a motion to adopt
<br />this Resolution. Councilmember White seconded the motion which carried by a voice
<br />vote of nine (9) ayes.
<br />
<br />
<br />RESOLUTION NO. 4178-12 A RESOLUTION OF THE COMMON COUNCIL
<br />OF THE CITY OF SOUTH BEND, INDIANA,
<br />APPROVING AN AGREEMENT EXTENDING
<br />THE ST. JOSEPH COUNTY HOUSING
<br />CONSORTIUM AND AUTHORIZING THE
<br />EXECUTION THEREOF
<br /> WHEREAS, on November 28, 1990, the National Affordable Housing Act
<br />(NAHA) of 1990, also known as the Cranston-Gonzales Act, became law, to implement
<br />its stated goal that every American family be able to afford a decent home; and
<br />
<br /> WHEREAS, NAHA requires any governmental unit to formulate and submit
<br />appropriate plans in order to be eligible to receive funds from several existing federal
<br />programs, including Community Development Block Grants (CDBG), the HOME
<br />Investment Partnership Program (HOME), Emergency Shelter/Solutions Grants (ESG),
<br />as well as to be eligible to receive funds from new housing assistance programs created
<br />by NAHA; and
<br />
<br /> WHEREAS, I.C. 36-1-7, the Interlocal Cooperation Act, authorizes one or more
<br />governmental entities to exercise, jointly or by one entity on behalf of the others, powers
<br />that may be exercised by such units severally; and
<br />
<br /> WHEREAS, pursuant to the Interlocal Cooperation Act, the Cities of South Bend
<br />and Mishawaka, and the County of St. Joseph, being contiguous units of general local
<br />government have formed the St. Joseph Housing Consortium, which, by agreement of the
<br />member entities, is to terminate on December 31, 2012; and
<br />
<br /> WHEREAS, the Cities of South Bend, Mishawaka, and St. Joseph County are
<br />desirous of re-establishing the Consortium for the purposes of receiving an allocation and
<br />participating in the HOME, CDBG, ESG, and all other housing programs administered
<br />by HUD for which they may be eligible, and for the purpose of cooperating to undertake
<br />or to assist in the undertaking of housing assistance activities for HOME and other HUD
<br />programs, including using a January 1, start date for each program year; and
<br />
<br /> WHEREAS, substantially similar resolutions will be approved by the St. Joseph
<br />County Council and the Mishawaka Common Council,
<br /> 17
<br />
<br />
|