01-22-73 Council Meeting Minutes

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RESOLUTION NO. 347 -73 (CONTINUED) " REPORT OF CITY OF SOUTH BEND ECONOMIC DEVELOPMENT COMMISSION MAKING CERTAIN ESTIMATES Pursuant to the Municipal Economic Development Act of 1965 as amended, the City of South Bend Economic Development Commission is required to make certain estimates in regard to the pro- posed construction of a building by Wells Electronics, Inc. of South Bend. The estimates are as follows: (1) There will be a slight burden on utilities, police and fire protection since a plant which previously did not exist is being considered. In our opinion, the increased tax base of the city, as a result of the new plant, will more than offset the aforementioned costs. (2) The total project cost of the proposed facilities will be approximately $180,000. (3) The number of jobs to be created by the proposed facility would be approximately 37 resulting in an increased payroll of $305,000 to $515,000 annually. m This is an established business in our community in the electronics field. This proposed facility will increase the tax base and require utilization of our local construction industry to build the facility. December 13, 1972 " Karl G. King, Jr., President Economic Development Commission c/0 Office Engineers, Inc. 117 N. Michigan Street South Bend, Indiana 46601 In Re: Wells Electronics, Inc. 1900 block S. Main St. South Bend, Indiana Dear Mr. King: The St. Joseph County Area Plan Commission Staff has reviewed the proposal of Wells Electronics to build a new plant in the 1900 block on the west side of South Main Street. The property in this block is presently zoned "E" Heavy Industrial. The proposal is consistent with the present zoning and the Comprehensive Plan for Community Development. It should be noted that this particular area lies one block south of the tentative boundaries for the Studebaker Industrial Corridor Study. Very truly yours, s/ Howard Bellinger HB /et Executive Director if it December 4, 1972 " Mr. Karl King, President Economic Development Commission of South Bend County -City Building South Bend, Indiana 46601 Dear Mr. King: The Board of School Trustees for the South Bend Community School Corporation endorses whole- heartedly the construction of a building by Wells Electronics, Inc. of South Bend. The school corporation does not consider that this project would cause any major change in school enrollments nor bring any burden upon present school facilities. JCw /mm Sincerely, s/ John C. Wagner, Vice President, Board of School Trustees m A public hearing was held on the resolution at this time. Mr. Kenneth Fedder, Attorney for the Economic Development Commission, indicated that on December 18, 1972, the Council passed a reso- lution for Wells Electronics. He requested that that resolution be stricken and this resolution supersede the December 18 resolution. He explained that the reason for this new resolution was that when the bids were let go, they were underestimated. Councilman Newburn made a motion to strike the previous resolution, seconded by Councilman Taylor. The motion carried. Councilman Miller made a motion that the resolution be adopted, seconded by Councilman Kopczynski. The resolution passed by a roll call vote of nine ayes (Councilmen Serge, Szymkowiak, Miller, Parent, Taylor, Kopczynski, Horvath, Newburn and Nemeth).