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REGULAR MFFTTN(s
<br />OCTOBER 10, 1972
<br />RESOLUTION NO. 334 -72 (CONTINUED)
<br />it September 28, 1972
<br />Mr. Karl King, President
<br />Economic Development Commission of South Bend
<br />County -City Building
<br />South Bend, Indiana
<br />Dear Mr. King:
<br />The Board of School Trustees for the South Bend Community School Corporation endorses
<br />wholeheartedly the proposed purchase of land and construction of a new plant to be
<br />located in the Granger Industrial Park, St. Joseph County, Indiana by the K & F
<br />Manufacturing Company of South Bend an Indiana partnership..
<br />The School Corporation does not consider that this project would cause any major
<br />change in school enrollments nor bring any burden upon present school facilities.
<br />Sincerely,
<br />Aaron H. Huguenard, President
<br />Board of School Trustees
<br />AHH /mm
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<br />W
<br />A public hearing was held on the resolution. Mr. Kenneth Fedder, Attorney for the Economic
<br />Development Commission, explained that this resolution is in regard to construction of a new
<br />plant in the Granger Industrial Park by K & F Manufacturing Company. This construction will not
<br />affect streets, sewers, or fire protection in the county. They plan to spend $70,000 on the
<br />project and will have a firm commitment from a bank to purchase the bonds. The project will have
<br />an additional payroll of from $125,000 to $250,000 per year. Councilman Taylor made a motion
<br />for adoption of the resolution, seconded by Councilman Horvath. The resolution was adopted by a
<br />roll call vote of nine ayes (Councilmen Serge, Szymkowiak, Miller, Parent, Taylor, Kopczynski,
<br />Horvath, Newburn and'Nemeth).
<br />RESOLUTION NO. 335 -72
<br />A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF
<br />SOUTH BEND, ST. JOSEPH COUNTY, INDIANA, IN THE MATTER
<br />OF A. H. CHOITZ-& COMPANY, INC. OF SOUTH BEND, INDIANA.
<br />WHEREAS, A. H. Choitz & Company, Inc., has submitted its intention to the Economic Development
<br />Commission of South Bend to construct a new commercial facility on State Road #2 West of Pine
<br />Road, in St. Joseph County, Indiana.
<br />WHEREAS, the Economic Development Commission, pursuant to the statute, has found by written
<br />resolution that there exists insufficient employment opportunities and that the economic welfare
<br />of the City of South Bend, Indiana would be benefited and the purpose of the statute would be
<br />accomplished by the acquisition and leasing of the above described property to A. H. Choitz &
<br />Company, Inc,, and
<br />WHEREAS, A. H. Choitz & Company, Inc., has submitted a statement of public service to the above
<br />Economic Development Commission of the City of South Bend and said Commission has forwarded this
<br />statement of public service with their approval and comments to the South Bend School Corporation,
<br />a copy of which is attached, and
<br />WHEREAS, the affirmative response and analysis of the South Bend School Corporation has been
<br />received as presented to the Clerk of the City of South Bend and attached, and
<br />WHEREAS, the statement of public service by A. H. Choitz & Company, Inc. and the Economic Devel-
<br />opment Commission of the City of South Bend have been submitted for approval and comments to
<br />the Area Plan Commission of St. Joseph County and the affirmative action and comments of the
<br />Area Plan Commission have been received by the Clerk of the City of South Bend, as attached, and
<br />WHEREAS, the requirements of the application as described in the "Municipal. Economic Development
<br />Act of 1965'of the State of Indiana" as amended have therefore been met to this point, including
<br />a projection of the number of jobs created, the estimated payroll created and the approximation
<br />of the cost of the land and construction, and the impact on utilities and fire and police
<br />facilities of the City of South Bend with the approvals of the school corporation and the Area
<br />Plan Commission having jurisdiction of the area in which the proposed facility is to be built and
<br />WHEREAS, A. H. Choitz & Company, Inc. seeks approximately $300,000.00 from an issue of revenue
<br />bonds of the Economic Development Commission of the City of South Bend to be signed by its Mayor
<br />and by its City Clerk and further desires to enter into a lease of not to exceed 20 years
<br />duration to be known as a net net net lease sufficient to pay the principal and interest of these
<br />bonds and obtain title at the end of the lease; and
<br />WHEREAS, by virtue of the net net net lease, the A. H. Choitz & Company, Inc , indicates its
<br />intention to pay all expenses of the operation, maintenance, insurance, property taxes, whatever
<br />of the facility,
<br />THEREFORE, be it resolved by the Common Council of the City of South Bend, Indiana that the
<br />resolution and findings of the Economic Development Commission pertaining to this project be
<br />approved and incorporated in this resolution, and
<br />THEREFORE, be it resolved by the Common Council of the City of South Bend Indiana, that the
<br />statement of public service on the part of the Economic Development Commission, of the Area Plan
<br />Commission and of the South Bend School Corporation be accepted and approved, and
<br />THEREFORE BE IT RESOLVED THAT THE SOUTH BEND CITY COUNCIL authorize the Economic'Development
<br />Commission of the City of South Bend to proceed to make preliminary agreements with the proposed
<br />lessee, A. H. Choitz & Company, Inc., in the nature of a conditional commitment to enter into a
<br />lease with A. H. Choitz & Company, Inc., and
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