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u 121 Dye j�,� <br />COMMITTEE OF THE WHOLE MEETING (CONTINUED) <br />Councilman Kopczynski made a motion that the ordinance go to the Council as favorable, seconded by <br />Councilman Taylor. The motion carried. <br />ORDINANCE AN ORDINANCE AUTHORIZING THE EXECUTION OF A LEASE, <br />TRUST INDENTURE, ECONOMIC DEVELOPMENT REVENUE BONDS <br />AND MORTGAGE AND THE FORMS AND TERMS OF THE LEASE <br />AND TRUST INDENTURE AND BONDS AND MORTGAGE AND THE <br />ISSUANCE OF ECONOMIC DEVELOPMENT REVENUE BONDS <br />PERTAINING TO KOSZEGI LEATHER & VINYL PRODUCTS, INC. <br />This being the time heretofore set for public hearing on the above ordinance, proponents and <br />opponents were given an opportunity to be heard. Mr. Kenneth Fedder, Attorney for the Economic <br />Development Commission, made the presentation for the ordinance. He indicated that Mr. Endre <br />Koszegi desired expansion, additional land purchase and acquisition of new machinery and equipment <br />at the present location on Chapin Street. He hoped to employ an additional 50 persons. Councilma: <br />Horvath asked if this request for bonds was for another addition, and Mr. Fedder indicated that <br />this is the same request in which negotiations were commenced on August 9, 1972. <br />Councilman Kopczynski made a motion that the ordinance go to the Council as favorable, seconded by <br />Councilman Serge. The motion carried. <br />ORDINANCE AN ORDINANCE TO REPEAL ORDINANCE NO. 5417 -72, <br />TO AUTHORIZE THE EXECUTION OF A LEASE, INDENTURE <br />OF TRUST AND BONDS, AND TO AUTHORIZE THE ISSUANCE <br />OF ECONOMIC DEVELOPMENT REVENUE BONDS PERTAINING <br />TO THE GENTNER PACKING COMPANY, INC., PROJECT. <br />This being the time heretofore set for public hearing on the above ordinance, proponents and <br />opponents were given an opportunity to be heard. Mr. Kenneth Fedder, Attorney for the Economic <br />Development Commission, introduced Mr. Kevin Butler, Attorney for Gentner Packing Company, for <br />presentation of the ordinance. Mr. Butler explained that, as a matter of background, this would <br />be phase 2 of the project. He mentioned that phase 1 ($500,000.00) was approved in August of 1972 <br />At that time, he had indicated to the Council that he would be coming back for an additional <br />$150,000.00. He mentioned that this project would benefit the community by increasing the employ- <br />ment to 150 new employees. He indicated that Gentner is an active employer of minority groups and <br />at present, employs 35 black, 25 white and 10 Mexican. Out of its present 80 employees, 72 are <br />residents of the City of South Bend. He mentioned the benefit of increased production of head of <br />cattle. He concluded by indicating that with this ordinance, the prior ordinance was to be re- <br />pealed and he urged the Council to act favorably on this request. <br />Mrs. Janet Allen, 125 West Marion Street, asked in whose name the property appears on the tax roll <br />when these types of loans are given to firms and organizations. Mr. Butler indicated that this <br />would appear for the county because it was not located within the city limits. Mr. Fedder <br />indicated that he had checked into the matter, and when Council President Nemeth questioned the <br />matter of the tax rolls, he indicated that the property is put in the city, or in this case the <br />county's name; however, the taxes would be paid by the corporate lessee. Councilman Taylor asked <br />if a waiver of annexation had been filed, and Mr. Butler indicated that he did not think so. He <br />also indicated, for clarification, that Gentner was requesting a repeal of the original $500,000.01 <br />and a consolidation of that with the $150,000.00 for a total of $650,000.00. Councilman Taylor fe. <br />a waiver of annexation should be filed with the City Clerk. He then asked about the status of <br />Gentner Packing as far as the stream is concerned and the Environmental Protection Agency. Mr. <br />Butler indicated that Gentner Packing is in full compliance with these standards and it was also <br />one firm out of only seven that were granted special permits from the Environmental Protection <br />Agency for its production. Mr. Fedder indicated that he would obtain a waiver of annexation from <br />Gentner Packing. Councilman Horvath questioned the property being in the city's name and not <br />located within the city. <br />Councilman Parent made a motion that the ordinance go to the Council as favorable, subject to the <br />filing of a waiver of annexation, seconded by Councilman Taylor. The motion carried. <br />There being no further business to come before the Committee of the Whole, Councilman Taylor made <br />a motion to rise and report to the Council, seconded by Councilman Kopczynski. The motion carried <br />ATTEST: ATTE <br />CITY CLERK C A <br />REGULAR MEETING - RECONVENED <br />Be it remembered that the regular meeting of the Common Council of the City of South Bend, Indiana <br />reconvened in the Council Chambers at 11:20 p.m., Council President Peter J. Nemeth presiding and <br />nine members present. <br />REPORT FROM THE COMMITTEE ON MINUTES <br />Your committee on the inspection and supervision of the minutes would respectfully report that <br />they have inspected the minutes of the March 12, 1973, regular meeting of the Council and found <br />them correct. They, therefore, recommend that the same be approved. <br />s/ Peter J. Nemeth <br />s/ Terry S. Miller <br />Councilman Taylor made a motion that the report be accepted as read and placed on file and the <br />minutes be approved, seconded by Councilman Parent. The motion carried. <br />REPORT OF THE COMMITTEE OF THE WHOLE <br />Councilman Horvath made a motion to waive the reading of the report of the Committee of the Whole, <br />seconded by Councilman Taylor. The motion carried by a roll call vote of nine ayes (Councilmen <br />Serge, Szymkowiak, Miller, Parent, Taylor, Kopczynski, Horvath, Newburn and Nemeth). <br />