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REGULAR MEETING DECEMBER 3, 1979
<br />REGULAR MEETING RECONVENED (CONTINUED)
<br />ORDINANCE NO. 6705 -79 AN ORDINANCE APPROPRIATING $1,499.00 FROM THE COMMUNITY DEVELOPMENT
<br />BLOCK GRANT FUND, FOR THE CONTINUATION OF URBAN RENEWAL ACTIVITIES,
<br />TO BE ADMINISTERED BY THE CITY OF SOUTH BEND THROUGH ITS DEPARTMENT
<br />OF HUMAN RESOURCES AND ECONOMIC DEVELOPMENT /DIVISION OF COMMUNITY
<br />DEVELOPMENT AND THE DEPARTMENT OF REDEVELOPMENT.
<br />This bill had second reading. Council MemberTaylor made a motion to amend this bill, as amended
<br />in the Committee of the Whole, seconded by CouncilMember Szymkowiak. The motion carried.
<br />Council Member Taylor made a motion to pass this bill, as amended, seconded by Council.Member
<br />Szymkowiak. The bill passed by a roll call vote of eight ayes.
<br />ORDINANCE NO. 6706 -79 AN ORDINANCE APPROPRIATING $135,000.00 FROM THE FEDERAL ASSISTANCE
<br />GRANT, COMMONLY REFERRED TO AS GENERAL REVENUE SHARING, FOR THE
<br />CONSTRUCTION OF A FIRE STATION TO BE LOCATED IN THE AREA OF THE
<br />AIRPORT INDUSTRIAL PARK, TO BE ADMINISTERED BY THE CITY OF SOUTH
<br />BEND THROUGH ITS DEPARTMENT OF PUBLIC WORKS.
<br />This bill had second reading. Council Member Szymkowiak made a motion to pass this bill, seconde
<br />by Council Member Taylor. The bill passed by a roll call vote of eight ayes.
<br />ORDINANCE NO. 6707 -79
<br />AN ORDINANCE APPROPRIATING MONIES FOR THE PURPOSE OF DEFRAYING
<br />THE OPERATING EXPENSES OF THE CENTURY CENTER OF THE CITY OF
<br />SOUTH BEND, INDIANA, FOR THE FISCAL YEAR BEGINNING JANUARY 1,
<br />1980, AND ENDING DECEMBER 31, 1980, INCLUDING CLAIMS AND OB-
<br />LIGATIONS AND FIXING A TIME WHEN THE SAME SHALL TAKE EFFECT.
<br />This bill had second reading. Council Member Taylor made a motion to amend this bill, as
<br />amended in the Committee of the Whole, seconded by Council Member Szymkowiak. The motion carried
<br />Council Member Szymkowiak made a motion to pass this bill, as amended, seconded by Council Member
<br />Taylor. The motion carried by a roll call vote of eight ayes.
<br />RESOLUTIONS
<br />RESOLUTION NO. 735 -79
<br />AN INDUCEMENT RESOLUTION RELATING TO THE JACKEL, 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 Economic Development Commission, which Commission, following an investiga-
<br />tion and survey, has determined that a needed exists in the community for additional job
<br />opportunities and commercial and industrial diversification. That in order to improve and
<br />promote job opportunities, commercial diversification, and the general welfare of the community,
<br />a financing agreement should be entered into with Jackel, Inc., or its assigns, relating to a
<br />project to be known as the "Jackel, Inc. Project "; and
<br />WHEREAS, Jackel, Inc. is an existing corporation organized under the laws of the State of
<br />Indiana engaging in the business of manufacturing and desires to expand its operations with the
<br />result that it will retain a substantial number of new employees, and,
<br />WHEREAS, Jackel, Inc. proposes to acquire industrial manufacturing equipment to be installed
<br />at its existing plant located in an uncorporation area of St. Joseph County, Indiana at 15314
<br />Harrison Road; and,
<br />WHEREAS, to induce Jackel, Inc., or its assigns to become the principal user of such
<br />Economic Development facilities the South Bend Common Council desires to adopt this resolution;
<br />and,
<br />WHEREAS, it is apparent that the development of the Jackel, Inc. Project will increase job
<br />opportunities and commercial diversification in St. Joseph County, Indiana resulting in benefit
<br />to the welfare of the public in the City of South Bend and in St. Joseph County, Indiana.
<br />NOW, THEREFORE, BE IT RESOLVED by the South Bend Common Council as follows:
<br />SECTION 1. That approval is hereby given to the application of Jackel, Inc. relating to
<br />the acquisition of such industrial manufacturing equipment and its installation, wherein
<br />Industrial Revenue Bonds would be issued by the City of South Bend, Indiana for an amount not
<br />exceeding $600,000.00 repayable with interest thereon at the rate of 82% per annum over a term
<br />of eight (8) years.
<br />SECTION 2. In order to encourage, induce and solicit such application by Jackel, Inc. for
<br />such industrial Revenue Bond issue relating to its acquisition of such industrial manufacturing
<br />equipment constituting Economic Development Facilities, the South Bend Common Council shall pro-
<br />ceed to cooperate with and take such action as may be necessary in the drafting of documents
<br />or the performance of such other acts as will facilitate the issuance of such Industrial Revenue
<br />Bonds by the City of South Bend, Indiana, to provide funds to be used toward the payment of the
<br />costs of acquiring such industrial manufacturing equipment and in its installation.
<br />SECTION 3. Any costs or expenses incurred in connection with the Jackel, Inc. Project shall
<br />be included in the project costs and reimbursed from the proceeds of the Industrial Revenue Bonds
<br />to be used with respect thereto.
<br />SECTION 4. That the liability and obligation of the Common Council of the City of South
<br />Bend and the City of South Bend, Indiana, shall be limited solely to good faith efforts to con-
<br />summate such proceedings and issue such bonds, and neither the South Bend Common Council nor
<br />the City of South Bend, Indiana, or its officers or agents, shall incur any liability whatsoever
<br />if for any reason the proposed issuance of such bonds is not consummated.
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