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RESOLUTIONS (CONTINUED)
<br />RESOLUTION NO. 348 -73
<br />A RESOLUTION OF THE COMMON COUNCIL OF THE
<br />CITY OF SOUTH BEND, ST. JOSEPH COUNTY,
<br />INDIANA, IN THE MATTER OF GENTNER PACKING
<br />COMPANY, INC.
<br />WHEREAS, Gentner Packing Company, Inc., has submitted its intention to the Economic
<br />Development Commission of South'Bend to build and construct an addition to their existing pro-
<br />perty located on West Roosevelt Road, South Bend, Indiana, and
<br />WHEREAS, the Economic Development Commission, pursuant to the statute, has found by
<br />written resolution that there exists insufficient employment opportunities and that the economic
<br />welfare of the City of South Bend, Indiana, would be benefited and the purpose of the statute wou
<br />be accomplished by the acquisition and leasing of the above described property to Gentner Packing
<br />Company, Inc., and
<br />WHEREAS, Gentner Packing Company, Inc., has submitted a statement of public service to
<br />the above Economic Development Commission of the City of South Bend, and said Commission has for-
<br />warded this statement of public service with their approval and comments to the South Bend School
<br />Corporation, a copy of which is attached, and
<br />WHEREAS, the affirmative response and analysis of the South Bend School Corporation has
<br />been received as presented to the Clerk of the City of South Bend, and attached, and
<br />WHEREAS, the statement of public service by Gentner Packing Company, Inc. and the
<br />Economic Development Commission of the City of South Bend, have been submitted for approval and
<br />comments to the Area Plan Commission of St. Joseph County, and the affirmative action and comments
<br />of the Area Plan Commission have been received by the Clerk of the City of South Bend, as attached
<br />and
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<br />WHEREAS, the requirements of the application as described in the "Municipal Economic
<br />Development Act of 1965, of the State of Indiana" as amended, have heretofore been met to this
<br />point, including a projection of the number of jobs created, the estimated payroll created and
<br />the approximation of the cost of the land and construction, and the impact on utilities and fire
<br />and police facilities of the City of South Bend with the approvals of the school corporation and
<br />the Area Plan Commission have jurisdiction of the area in which the proposed facility is to be
<br />built, and
<br />WHEREAS, now the Gentner Packing Company, Inc., seeks an additional $150,000.00 from an
<br />issue of revenue bonds of the Economic Development Commission of the City of South Bend to be
<br />signed by the Mayor and by its City Clerk and further desires to enter into a lease of not more
<br />than 20 years duration to be known as a net net net lease sufficient to pay the principal and
<br />interest of these bonds and obtain title at the end of the lease, and
<br />WHEREAS, by virtue of the net net net lease, the Gentner Packing Company, Inc., indicate
<br />its intention to pay all expenses of the operation, and maintenance, insurance, property taxes,
<br />whatever of the facility.
<br />THEREFORE, be it resolved by the Common Council of
<br />the resolution and findings of the Economic Development Cone
<br />approved and incorporated in this resolution, and
<br />THEREFORE, be it resolved by the Common Council of
<br />the statement of public service on the part of the Economic
<br />Plan Commission and of the South Bend School Corporation be
<br />the City of South Bend, Indiana, that
<br />nission pertaining to this project be
<br />the City of South Bend, Indiana, that
<br />Development Commission, of the Area
<br />accepted and approved, and
<br />THEREFORE, be it resolved that the South Bend City Common Council authorize the Economic
<br />Development Commission of the City of South Bend, to proceed to make preliminary agreements with
<br />the proposed lessee, the Gentner Packing Company, Inc., in the nature of a conditional commitment
<br />to enter into a lease with Gentner Packing Company, Inc., and
<br />THEREFORE, be it resolved that the Economic Development Commission of the City of South
<br />Bend shall, as soon as the new lease form is properly prepared, submit the same to the Clerk of
<br />the City of South Bend to be prepared by a member of the Common Council as a proposed ordinance
<br />for the acceptance of same and issuance of revenue bonds to cover the amount of money needed.
<br />s/ Peter J. Nemeth
<br />Member of the South Bend City
<br />Common Council
<br />A RESOLUTION SETTING FORTH THE NEED FOR ECONOMIC
<br />DEVELOPMENT
<br />Resolution No. 1 -73
<br />WHEREAS:
<br />WHEREAS:
<br />NOW, THEREFORE, BE IT RESOLVED by the Economic
<br />THIS RESOLUTION ADOPTED BY THE ECONOMIC
<br />The County of St. Joseph is still experiencing
<br />a high unemployment situation, and
<br />By virtue of the need for additional industrial
<br />and economic development, and
<br />m
<br />Development Commission that because of insufficient
<br />employment opportunities and insufficient diver-
<br />sification of industry, the economic welfare of
<br />the county would be benefited by approving the
<br />application of Gentner Packing Company an additioi
<br />to their plant at 21149 West Roosevelt Road, Soutl
<br />Bend, Indiana.
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