|
4
<br />REGULAR MEETING JUNE 13, 1983
<br />The Borrower, after considering a number of possible locations within and outside
<br />the State of Indiana, and in reliance upon the intent of the City to finance the
<br />Project through the issuance of revenue bonds under the provisions of the Act, has
<br />determined to construct and Project within the limits of the City of South Bend,
<br />Indiana.
<br />It is now deemed advisable to authorize the execution and delivery by the City
<br />of a Memorandum of Intent expressing formally and in writing the understanding heretofore
<br />formally agreed upon by the City and the Borrower.
<br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend,
<br />Indiana as follows:
<br />SECTION 1 - The Mayor is hereby authorized and directed to execute a Memorandum
<br />of Intent by and between the City and the Borrower and the City Clerk is hereby authorized
<br />and directed to affix the seal of the City thereto and to attest the same; and said
<br />Mayor and City Clerk are hereby authorized and directed to cause said Memorandum of
<br />Intent to be delivered to, accepted, and executed by the Borrower, said Memorandum of
<br />Intent, which is hereby approved and incorporated by reference and made a part of
<br />this authorizing resolution, to be in substantially the form attached hereto.
<br />SECTION 2 - All resolutions and orders, or parts thereof, in conflict with the
<br />provisions of this resolution are, to the extent of such conflict, hereby repealed
<br />and this resolution shall be in immediate effect from and after its adoption by the
<br />Common Council and approval by the Mayor.
<br />/s/ Beverlie J. Beck
<br />Member of the Common Council
<br />A public hearing was held on the resolution at this time. Kevin Butler, attorney for
<br />the petitioners, indicated the bond issue would be for $650,000 to finance the acquisition
<br />of real estate in the Monroe Park Urban Renewal Area and to construct an economic
<br />development facility for the purpose of providing both office and warehousing space.
<br />He indicated that 22 new jobs will be created with a proposed payroll of $290,000.
<br />Council Member Szymkowiak made a motion to adopt this resolution, seconded by Council
<br />Member Zielinski. The resolution was adopted by a roll call vote of eight ayes.
<br />RESOLUTION NO. 1059 -83
<br />A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH
<br />BEND, INDIANA, AUTHORIZING THE MAYOR TO SUBMIT TO THE UNITED
<br />STATES GOVERNMENT, DEPARTMENT OF HOUSING AND URBAN DEVELPMENT,
<br />AN APPLICATION FOR ADDITIONAL COMMUNITY DEVELOPMENT BLOCK
<br />GRANT FUNDS MADE AVAILABLE UNDER PUBLIC LAW 98 -8 IN ACCORDANCE
<br />WITH TITLE I OF THE HOUSING AND COMMUNITY DEVELOPMENT ACT OF
<br />1974 AS AMENDED.
<br />WHEREAS, the Mayor of the City of South Bend, Indiana, is the Chief Executive
<br />Officer of the City, and is the applicant for Community Development Block Grant Funds
<br />under Title I of the Housing and Community Development Act of 1974, as amended.
<br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend,
<br />Indiana:
<br />SECTION I. That the Mayor of the City of South Bend, Indiana is hereby authorized
<br />to submit the Community Development Block Grant Application for additional funds
<br />under Public Law 98 -8 to the United States Government under Title I of the Housing
<br />and Community Development Act of 1974 as amended.
<br />SECTION II. That the Common Council of the City of South Bend, Indiana, hereby
<br />requests that the Mayor submit the Community Development Block Grant Application for
<br />additional funds to the Common Council for review and comment prior to the date upon
<br />which the Application must be filed with the Department of Housing and Urban Development.
<br />SECTION III. That for every activity, project, or program to be funded under
<br />this Resolution, the Mayor shall submit to the Common Council an appropriation ordinance
<br />prior to expenditure of any Community Development Block Grant funns received upon
<br />approval of this application.
<br />SECTION IV. That this Resolution shall be in full force and effect from and
<br />after its adoption by the Common Council and approval by the Mayor.
<br />/s/ Beverlie J. Beck
<br />Member of the Common Council
<br />A public hearing was held on the resolution at this time. Colleen Rosenfeld, indicated
<br />this resolution would authorize the Mayor to submit an application for additional
<br />Community Development Block Grant Funds made available under PublicLaw 98 -6 which has
<br />become commonly known as the "Jobs Bill." She indicated the activities to be conducted
<br />with this money have been outlined in the "proposed" and "Final Statement of Community
<br />Development objectivies and Projected Use of Funds - Appropriations Act" and will separately
<br />be submitted for the Council's consideration in the appropriation process. Glendrae
<br />Hernandez, 702 E. Scott indicated she had some concerns about the resolution. Richard
<br />Heyde, 3404 E. Corby; Tom Frederick, 2604 Southridge, Howard Goodhew, 2230 Topsfield;
<br />Betty Lawson, representing the YWCA; spoke in favor of this resolution. Council
<br />Member Taylor made a motion to adopt this resolution, seconded by Council Member
<br />Zielinski. The resolution was adopted by a roll call vote of eight ayes.
<br />
|