07-22-85 Council Meeting Minutes

Home Browse Search

REGULAR MEETING JULY 22, 1985 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/ Beverlie J. Beck Member of the Common Council A public hearing was held on the resolution at this time. Frank Perri, a representative of The Holladay Corporation, indicated this property is in a condition of extreme disrepair, and the cost to rehabilitate will be substantial. He indicated when fully leased, the facility is expected to provide approximately 200 permanent, full -time jobs. Council Member Zakrzewski made a motion to adopt this resolution, seconded by Council Member Braboy. The resolution was adopted by roll call vote of nine ayes. RESOLUTION NO. 1316 -85 a A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AUTHORIZING THE MAYOR TO SUBMIT AN URBAN DEVELOPMENT ACTION GRANT (UDAG) APPLICATION TO THE U. S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 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 Griffith Laboratories 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 Griffith Laboratories, an export 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, as well as serve to encourage related industrial developments; and WHEREAS, the receipt of an Urban Development Action Grant would make the proposed development financially feasible as it will allow Griffith Laboratories to exceed the limit on capital expenditures imposed by industrial revenue bond financing, an essential ingredient to financing this project. 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 under Title I of the Housing and Community Development Act of 1977, an Urban Development Action Grant Application to the United States Department of Housing and Urban Development for an industrial project to be constructed by Griffith Laboratories. 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. /s/ Beverlie J. Beck Member of the Common Council A public hearing was held on the resolution at this time. Loren Rooney, from the Department of Economic Development, indicated that in order for this facility to be built in South Bend a UDAG was required. Howard Bessire, from the Industrial Foundation, spoke in favor of this resolution. Council Member Taylor made a motion to adopt this resolution, seconded by Council Member Zakrzewski. The resolution was adopted by a roll call vote of nine ayes. BILLS, $ffieeND READING BILL NO. 88 -85 A BILL AMENDING THE ZONING ORDINANCE FOR PROPERTY LOCATED AT 913 S. TWYCKENHAM DR., IN THE CITY OF SOUTH BEND, INDIANA. This bill had first reading. Council Member Taylor made a motion to refer this bill to Area Plan, seconded by Council Member Zakrzewski. The motion carried. BILL NO. 89 -85 A BILL AUTHORIZING THE CITY OF SOUTH BEND, INDIANA (THE "CITY "), TO ISSUE ITS ECONOMIC DEVELOPMENT REVENUE BONDS, SERIES 1985 (GEM PARTNERSHIP, PROJECT), IN THE AGGREGATE PRINCIPAL AMOUNT OF ONE MILLION DOLLARS ($1,000,000.00) AND APPROVING AND AUTHORIZING CERTAIN ACTIONS WITH RESPECT THERETO.