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REGULAR MEETING MARCH 26, 1979
<br />REGULAR MEETING RECONVENED (CONTINUED)
<br />ORDINANCE NO. 6571 -79 AN ORDINANCE APPROPRIATING $325,000.00 FROM THE FEDERAL
<br />ASSISTANCE GRANT, COMMONLY REFERRED TO AS GENERAL REVENUE
<br />SHARING, FOR THE DESIGN AND CONSTRUCTION OF A FIRE STATION
<br />TO BE LOCATED IN THE AREA OF THE AIRPORT INDUSTRIAL PARK,
<br />TO BE ADMINISTERED BY THE CITY OF SOUTH BEND THROUGH ITS
<br />DEPARTMENT OF PUBLIC WORKS.
<br />This bill had second reading. Council Member Taylor made a motion to pass this bill, seconded
<br />by Council Member Dombrowski. The bill passed by a roll call vote of nine ayes.
<br />ORDINANCE NO. 6572 -79 AN ORDINANCE APPROPRIATING $70,000.00 FROM THE LOCAL ROAD
<br />AND STREET FUND, AND $69,500.00 FROM THE CUMULATIVE SEWER
<br />BUILDING AND SINKING FUND TO PROJECT R &S 7902, MONROE,
<br />MAIN TO LAFAYETTE, WITHIN THE LOCAL ROAD AND STREET FUND.
<br />This bill had second reading. Council Member Serge made a motion to pass this bill, seconded
<br />by Council Member Dombrowski. The bill passed by a roll call vote of nine ayes.
<br />ORIDNANCE NO. 6573 -79 AN ORDINANCE APPROPRIATING $603,800.00 FROM THE CUMULATIVE
<br />SEWER BUILDING AND SINKING FUND TO PROJECT CS -513 CLEVELAND
<br />ROAD -TRUNK SEWER, WITHIN THE CUMULATIVE SEWER BUILDING AND
<br />SINKING FUND.
<br />This bill had second reading. Council Member Szymkowiak made a motion to pass this bill,
<br />seconded by Council Member Dombrowski. The bill passed by a roll call vote of nine ayes.
<br />RESOLUTIONS
<br />RESOLUTION NO. 689 -79 AN INDUCEMENT RESOLUTION RELATING TO THE HABLIN COMPANY,
<br />INC., PROJECT.
<br />WHEREAS, pursuant to I.C. 18- 6 -4.5, the Common Council of the City of South Bend, Indiana
<br />created the South Bend Ecnomic Development Commission, which Commission heretofore has investigat.
<br />ed., studied, surveyed and reported to the Mayor and the Common Council of the City of South
<br />Bend, Indiana, that a need exhists in the community for additional job opportunities and com-
<br />mercial and industrial diversification within the City of South Bend, Indiana; and in order to
<br />improve and promote job opportunities, commercial diversification, and the general welfare of
<br />the area within the City of South Bend, Indiana, a financing agreement should be entered into
<br />with Hablin Company, Inc., or its assigns, relating to a project to be known as the "Hablin
<br />Company, Inc. Project "; and
<br />WHEREAS, Hablin Company, Inc. is an existing corporation established in the trade or business
<br />of renting commercial and office property and desires to expand substantially its operations
<br />with the result that it will obtain a substantial number of new tenants who will employ a sub-
<br />stantial number of employees and be the principal users for such prupose of a building on real
<br />estate located in the City of South Bend, Indiana, which real estate is now owned by parties
<br />commonly referred to as the Livingston heirs, and which property comprises a 3 story building
<br />located on real estate described as 42 feet in width north and south taken off of the entire
<br />length of the north side of Lot 287 as shown on the original Plat of the Town, now City of
<br />South Bend; and
<br />WHEREAS, to induce Hablin Company, Inc., or its assigns, to become the principal user of
<br />such Economic Development Facilities, the Common Council of the City of South Bend esires to
<br />adopt this resolution; and
<br />WHEREAS, it is apparent that the development of the Hablin Company, Inc. Project will in-
<br />crease job opportunities and commercial diversification in South Bend, Indiana, resulting in
<br />benefit to the welfare of the public in the City of South Bend, Indiana, and in St. Joseph
<br />County, Indiana.
<br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana,
<br />as follows:
<br />SECTION I. That approval is hereby given to the application of Hablin Company, Inc., or
<br />its assigns, relating to the acquisition of such building and real estate located in South Bend,
<br />Indiana, and the construction and reconstruction of the same wherein Industrial Revenue Bonds
<br />would be issued by the City of South Bend, Indiana, for an amount not exceeding Five Hundred
<br />Thirty Thousand ($530,000.00) Dollars, repayable with interest thereon over a period of time
<br />and with a maturity date which does not extend beyond thirty (30) years after the issue date.
<br />SECTION 2. In order to encourage, induce and solicit such application by Hablin Company,
<br />Inc., or its assigns, for such Industrial Revenue Bond issue relating to the acquisition and
<br />construction and, reconstruction of such Economic Development Facilities, the South Bend Economic
<br />Development Commission on behalf of the City of South Bend, Indiana, shall proceed to cooperate
<br />with and take such action as may be necessary in the drafting of documents or the performance
<br />of such other acts as will facilitate the issuance of such Industrial Revenue Bonds by the City
<br />of South Bend, Indiana, to provide funds to be used toward the payment of the costs for the
<br />acquisition and construction and reconstruction of such Economic Development Facilities.
<br />SECTION 3. Any costs or expenses incurred in connection with said Hablin Company, Inc.
<br />Project shall be included in the project costs and reimbursed from the proceeds of the Industrial
<br />Revenue Bonds to be issued with respect thereto.
<br />SECTION 4. This resolution shall be in full force and effect from and after its passage
<br />by the Common Council of the City of South Bend and approval by the Mayor.
<br />/s /Richard C. Dombrowski
<br />Member of the Common Council
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