06-11-79 Council Meeting Minutes

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REGULAR MEET G JUNE 11, 1979 REGULAR MEETING RECONVENED (CONTINUED RESOLUTION NO. 704 -79 AN INDUCEMENT RESOLUTION RELATING TO THE LAIDIG SILO UNLOADERS, INC. PROJECT. WHEREAS, pursuant to I.C. 18- 6 -4.5, the Common Council'ofthe City of South Bend, Indiana, created the South Bend Economic Development Commission, which Commission, following an investiga- tion and survey, has determined that a need exists in the community for additional job opportun- ities and commercial and industrial diversification. That in order to improve and promote job opportunities, commercial diversification, and the general welfare of the community, a financing agreement should be entered into with Laid Silo Unloaders, Inc., or its assigns, relating to a project to be known as the "Laidig Silo Unloaders, Inc. Project "; and WHEREAS, Laidig Silo Unloaders, Inc. is an existing_- corporation organized under the laws of the State of Delaware engaging in the business of manufacturing and desires to expand its operations with the result that it will retain a substantial number of new employees, and, WHEREAS, Laidig Silo Unloaders, Inc. proposes to acquire a parcel of real estate located on Dragoon Trail, approximately one - quarter mile west of Elm Road in St. Joseph County, Indiana, and to construct thereon and equip an industrial facility consisting of some 50,000 square feet; and, WHEREAS, to induce Laidig Silo Unloaders, Inc., or its assigns, to become the principal user of such Economic Development Facilities, the South Bend Common Council desires to adopt this resolution; and, WHEREAS, it is apparent that the development of the Laidig Silo Unloaders, Inc. Project will increase job opportunities and commercial diversification in St. Jospeh County, Indiana, resulting in benefit to the welfare of the public in the CIty of South Bend and in.St. Joseph County, Indiana. NOW, THEREFORE, BE IT RESOLVED by the South Bend Common Council as follows: SECTION 1. That approval is hereby given to the application of Laidig Silo Unloaders; Inc. relating to the acquisition of such real estate and the construction and equipping of an industrial facility thereon, wherein Industrial Revenue Bonds would be issued by the City of South Bend, Indiana, for an amount not exceeding $1,100,000.00 repayable with interest thereon over a period of time and with a maturity date which does not extend beyond thirty (30) years after the issue date. SECTION 2. In order to encourage, induce and solicit such application by Laidig Silo Unloaders, Inc. for such Industrial Revenue Bond issue relating to the acquisition, construction and equipping of such Economic Development Facilities, the South Bend Common Council shall proceed to cooperate with and take such action as may be necessary in the drafting of documents or the performance of such other acts as will facilititate the issuance of such Industrial Revenue Bonds by the City of South Bend, Indiana, to provide funds to be used toward the payment of the costs of acquiring such real estate and the construction, and equipping of such Economic Development Facilities. SECTION 3. Any costs or expenses incurred in connection with the Laidig Silo Unloaders, I Project shall be included in the project costs and reimbursed from the proceeds of the Industri Revene Bonds to be issued with respect thereto. SECTION 4. That the liability and obligation of the Common Council of the City of South Bend and the City of South Bend, Indiana, shall be limited solely to good faith efforts to consummate such proceedings and issue such bonds, and neither the. South Bend Common Council nor the City of South Bend, Indiana, or its officers or agents, shall incur any liability whatsoever if for any reason the proposed issuance of such bonds is not consummated. SECTION 5. This resolution shall be in full force and effect from and after its passage by the Common Council of the City of South Bend and approval by the Mayor. /s /Roger 0. Parent _ Member of the Common Council A public hearing was held on the resolution at this time. Mr. Richard Cramer, attorney, in- dicated this resolution would allow this project to proceed. He indicated that Laidig was presently located in leased facilities and they planned to build new facilities on Dragoon Trail. Council Member Taylor made a motion to adopt this resolution, seconded by Council Member Dombrowski. The resolution was adopted by a roll call vote of six ayes. BILLS, FIRST READING BILL NO. 63 -79 A BILL AMENDING CHAPTER 6, ARTICLE 4, SECTION 6 -10, OF THE MUNICIPAL CODE OF THE CITY OF SOUTH BEND, INDIANA, BY REVISING THE SCHEDULE OF PLUMBING PERMIT FEES, BY RE- QUIRING THE REGISTRATION OF PLUMBERS AND WATER SOFTENER DEALERS AS A CONDITION OF THE ISSUANCE OF A PLUMBING PERMIT, ANDBY ESTABLISHING A PENALTY FOR THE VIOLATION THEREOF. This bill had first reading. Council Member Taylor made a motion to set this bill for public hearing and second reading June 25, 1979, seconded by Council Member Adams. The motion carried. BILL NO. 64 -79 A BILL ESTABLISHING A HISTORIC LANDMARK UNDER ORDINANCE NO. 5565 -73, AMENDING ORDINANCE NO. 4990 -68, AS AMENDED, COMMONLY KNOWN AS THE ZONING ORDINANCE OF THE CITY OF SOUTH BEND. This bill had first reading. Council Member Horvath made a motion to refer this bill to Area Plan, seconded by Council Member Adams. The motion carried.