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REGULAR MEETING APRIL 14, 1980
<br />REGULAR MEETING RECONVENED (CONTINUED)
<br />BILL NO. 30 -80 A BILL AMENDING CHAPTER 20 OF THE MUNICIPAL CODE OF THE
<br />CITY OF SOUTH BEND, INDIANA, BY THE INCLUSION OF NEW
<br />ARTICLE 10 ENTITLED RESTRICTED PARKING OF RECREATIONAL
<br />VEHICLES AND TRUCKS HAVING MORE THAN 10,000 POUNDS GROSS
<br />VEHICLE WEIGHT OR THAT ARE GREATER THAN EIGHT (8') FEET
<br />IN HEIGHT OR GREATER THAN SEVEN (7') FEET IN WIDTH.
<br />Council Member Taylor made a motion to continue public hearing and second reading on this bill
<br />until April 28, 1980, seconded by Council Member Dombrowski. The motion carried.
<br />RESOLUTIONS
<br />RESOLUTION NO. 770 -80
<br />A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND,
<br />INDIANA, PROCLAIMING APRIL 14 -20 "SOUTH BEND ENERGY AWARENESS
<br />DAYS."
<br />WHEREAS, energy efficiency is recognized as a key to easing the energy problem in South
<br />Bend and nationwide; and
<br />WHEREAS, the education of the public and the implementation of the conservation ethic
<br />into our lifestyle is vital to the growth and future welfare of the citizens of South Bend;
<br />and
<br />WHEREAS, increasing the level of public consciousness toward reserving energy resources
<br />for the future will create better understanding and cooperation as we meet the energy situation;
<br />and
<br />WHEREAS, the recognition of the economic impact of energy in South Bend and the values
<br />of energy conservation measured by the dollars that can be saved by every citizen will reaffirm
<br />the support behind energy efficiency;
<br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana
<br />as follows:
<br />SECTION I. The Common Council of the City of South Bend, Indiana, hereby fully supports
<br />"South Bend Energy Awareness Days: organized for the week of April 14 -20 by the South Bend
<br />Energy Conservation Commission.
<br />SECTION II. This Resolution shall be in full force and effect from and after its adoption
<br />by the Common Council and approval by the ,Mayor.
<br />/s /Lewis A. McGann
<br />Member of the Common Council
<br />A public hearing was held on the resolution at this time. Council Member Taylor read the
<br />resolution. Council Member Serge made a motion to adopt the resolution, seconded by Council
<br />Member Dombrowski. The resolution was adopted by a roll call vote of nine ayes.
<br />RESOLUTION NO. 771 -80
<br />A RESOLUTION OF THE SOUTH BEND COMMON COUNCIL RELATING TO
<br />THE ISSUANCE OF ECONOMIC DEVELOPMENT REVENUE BONDS TO
<br />THOMAS AND JANE KINNUCAN, IN ORDER TO EXPAND THEIR PRESENT
<br />FACILITIES FOR THE MANUFACTURE AND WAREHOUSING.OF AIR TANKS
<br />USED IN FREIGHT TRAILER BRAKE SYSTEMS.
<br />WHEREAS, -the South Bbnd Economic Development _Commission investigated,_studi.ed, surveyed
<br />and reported to the Mayor and the Common Council of the City of - South Bend, :;Indiana,_. that_ a
<br />need exists in the community for additional job.opportunities and commercial diversification
<br />within the City-,of South Bend, Indiana; and to improve and promote job opportunities and
<br />commercial diversification within the City of South Bend, Indiana, a financing agreement should
<br />be effected with Thomas and Jane Kinnucan; and
<br />WHEREAS, Thomas and Jane Kinnucan desire to construct an additional building and purchase
<br />additional equipment for commercial use on land located at 2502 Lawton Street, South Bend,
<br />Indiana and
<br />WHEREAS, to induce Thomas and Jane Kinnucan to construct such economic development facilit-
<br />the South Bend Economic Development Commission on April 8, 1980 approved the application of
<br />Thomas and Jane Kinnucan for the issuance of up to Three hundred thousand Dollars ($300,000)
<br />of Economic Development Revenue Bonds payable with interest thereon at the market rate as of
<br />the date of final approval of the bonds and also adopted an Inducement Resolution relating
<br />to that bond issue; and
<br />WHEREAS, it is apparent that Thomas and Jane Kinnucan will preserve jobs and increase
<br />job opportunities and commercial diversification in South Bend, Indiana, resulting in a benefit
<br />to the welfare of the public in the City of South Bend, Indiana, and St. Joseph County, Indiana.
<br />NOW, THEREFORE, BE IT RESOLVED, that in order to encourage, induce and solicit the applica-
<br />tion by Thomas and Jane Kinnucan for an amount not exceeding Three hundred thousand Dollars
<br />($300,000) of Ecnomic Development Revenue bonds to be issued by the City of South. Bend, Indiana;
<br />repayable with interest thereon at the market rate as of the date of final approval of the bond:
<br />over a period of ten (10) years after the issue date for the construction of such economic
<br />development facilities, the City of South Bend shall proceed to cooperate with and take any
<br />action as may be necessary in drafting of documents or the performance of such acts as will
<br />facilitate the issuance of such Economic Development Revenue Bonds-by the City of South Bend,
<br />Indiana, to provide funds to be used toward the payment of the costs for the acquisition
<br />and construction of such economic development facilities; and
<br />a
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