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REGULAR MEETING APRIL 9, 1979
<br />REGULAR MEETING RECONVENED (CONTINUED
<br />He proposed the following amendment to the resolution: The title should be changed to:
<br />"A Resolution of the Common'Council of South Bend, Indiana requesting that no Section 8
<br />New Construction Family Housing Assistance Projects be built at the corner of Keller and
<br />Hickory; delete the first two Whereas paragraphs, the third Whereas paragraph should be
<br />retained, the fourth Whereas, should be changed to read, "Whereas, the area of Keller and
<br />Hickory site is saturated with multi - family units and is presently congested; "and the fifth
<br />Whereas, should be changed to read, "Whereas, where is no need to construct Section 8 New
<br />Construction Family Assistance Projects in the Keller - Hickory area. ", and keep the Now, There=
<br />fore paragraph; and change Section I as follows, "The Common Council of the City.of South Bend
<br />requests the Community Development of the City to abandon the projected sixty to eighty unit
<br />complex on the five acre tract of land on the corner of Keller and Hickory and other areas
<br />that are equally saturated with family units. "; and Section 2 reamin the same, seconded by
<br />Council Member Miller. Mr. Andy Migas, President of the Northeast Neighborhood Association,
<br />indicated that the Keller - Hickory site should never have been considered. He said they do
<br />not feel there is a need for Section 8 housing anywhere in the City. He said the boarded up
<br />homes in the City should be addressed before we consider any new construction under Section 8.
<br />He said they were in favor of the resolution introduced by Council Member Adams, but they could
<br />live with the proposed amendment. Mr. Carl Ellison, Director of Redevelopment, indicated he was
<br />not opposed to the Keller- Hickory site. He said there was a need for housing for the poor of
<br />this community. Lillian Stanton, 919 Oak Ridge spoke in favor of this resolution. Mrs. Jane
<br />Swan, 2022 Swygart, indicated that the South Bend Tribune on March 29, 1979, carried a story
<br />regarding the fact that the Housing Authority indicated their vacancy rate was ten percent.
<br />She indicated that multi - family projects are not good for children. Mr. Migas indicated he
<br />was not against poor people, but believed we should rehab what we have before new construction
<br />is even considered. Glenda Hernandez, 702 E. South, indicated that Section 8 housing should not
<br />be banned completely in the City. Mr. Rey Hernandez, 702 E. South, indicated that the existing
<br />housing stock should be rehabilitated. Larry Crone, 301 Donmoyer, indicated that Mrs. Swan
<br />had spoke against children being raised in projects. He said he grew up in a project and if
<br />he had it to do again, he would want to be raised in a project. Council Member Kopczynski in-
<br />dicated he supported this resolution. Council Member Dombrowski spoke against Council President
<br />Parent's maendment. The motion to amend failed on a roll call vote of four ayes and four nays
<br />(Council Members Kopczynski, Adams, Dombrowski and Horvath.) Council Member Adams made a
<br />motion to adopt the resolution, seconded by Council Member Kopczynski. The resolution was adopt
<br />by a roll call vote of five ayes and three nays (Council Members Szymkowiak, Miller and Parent.)
<br />RESOLUTION NO. 696 -79 A RESOLUTION AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH
<br />ABS INDUSTRIES, INC., OR ANY SUBSIDIARY THEREOF, RELATING
<br />TO THE ACQUISITION, CONSTRUCTION AND INSTALLATION OF ECONO-
<br />MIC DEVELOPMENT FACILITIES TO BE USED AS A HOT FORGING PRESS
<br />FACILITY WITHIN THE BOUNDARIES OF THE CITY OF SOUTH BEND,
<br />INDIANA.
<br />WHEREAS, the City of South Bend, Indiana (the "Issuer "), by virtue of the laws of the State
<br />of Indiana, including the Municipal Ecnomic Development Act of 1965, as amended, Indiana Code of
<br />1971, Title 18, Article 6, Chapter 4.5 (The "Act "), is authorized and empowered, among other
<br />things, (a) to provide funds to pay costs of economic development facilities within the boundari(
<br />of the Issurer, to be owned and used by ABS Industries, Inc. or any subsidiary thereof (the
<br />"Company "), (b) to issue economic development revenue bonds for the purpose of paying the costs
<br />of such acquisition, construction and financing costs (c) to secure such economic development
<br />revenue bonds by an indenture, including the pledge and assignment of revenue derived from such
<br />economic development facilities to the payment of said revenue bonds and the granting of a
<br />mortgage on such facilities for the benefit of the 'bondholders, and (d) to enter into a loan
<br />agreement hereinafter mentioned; and
<br />WHEREAS, the Company is a corporation duly organized under the laws of the State of Ohio
<br />and desires to locate economic development facilities within the Issuer to be used as a hot
<br />forgining press facility (the "Facility "); and
<br />WHEREAS, it is the desire of the members of the Common Council of the Issuer that the
<br />additional jobs and employment opportunities resulting from the Facility be provided at the
<br />earliest possible moment and that the economic improvement produced by the operation of the
<br />facility within the Issuer occur at the earliest possible time; and
<br />WHEREAS, under theprovisions of the Act it will be necessary for the South Bend Economic
<br />Development Commission (The "Commission ") and the Common Council of the Issuer to undertake
<br />certain proceedings and adopt certain legislation prior to the issuance of any economic develop-
<br />ment revenue bonds to provide funds for the acquisition, construction and installation of such
<br />Facility and prior to the execution of any loan agreement therefor; and
<br />WHEREAS, this Common Council desires to initiate certain formal steps necessary to secure
<br />the commitment of the Company to acquire and use the Facility and to provide for other matters
<br />incidental thereto;
<br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana,
<br />that:
<br />SECTION I. It does hereby approve a finding and determination by the Commission that:
<br />a. The real and personal property to be included in the Facility will be an
<br />"economic development facility" within the meaning of those terms in the
<br />Act.
<br />b. That the utilization of such real and personal property in the creation and
<br />location of the Facility would be economically sound and will benefit the
<br />health, prosperity, economic stability and general welfare of the Issuer
<br />and that because of existing insufficient employment opportunities and
<br />insufficient diversification of industry within the Issuer, the economic
<br />welfare of the Issuer would be benefited by the acquisition and use of
<br />the Facility by the Company.
<br />SECTION 2. In order to overcome insufficient employment opportunities and insufficient
<br />diversifications of industry which the Common Council of the Issuer has heretofore found to
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