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REGULAR MEETING APRIL 9 19
<br />REGULAR MEETING - RECONVENED (CONTINUED)
<br />and construction of the facility would be in conformity to the area and would provide an increase
<br />in the tax base. Mr. Fedder indicated that a statement had been in the application regarding the
<br />filing of a waiver of annexation and there would be no problem in obtaining one from Singer.
<br />Council President Nemeth asked if the proposed facility would be in the Maple Lane area which is
<br />presently in court, and Mr. Fedder indicated that it was near that area.
<br />Councilman Szymkowiak made a motion that the resolution be adopted, seconded by Councilman
<br />Kopczynski. The resolution passed by a roll call vote of nine ayes (Councilmen Serge, Szymkowiak,
<br />Miller, Parent, Taylor, Kopczynski, Horvath, Newburn and Nemeth).
<br />RESOLUTION NO. 368 -73
<br />A RESOLUTION OF THE COMMON COUNCIL OF THE
<br />CITY OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA,
<br />IN THE MATTER OF VANDERHEYDEN DISTRIBUTING, INC.,
<br />OF SOUTH BEND, INDIANA.
<br />WHEREAS, Vanderheyden Distributing, Inc., has submitted its intention to the
<br />Economic Development Commission of South Bend to purchase real property and construct a
<br />facility in the Airport Industrial Park - Phase II, in St. Joseph County, Indiana.
<br />WHEREAS, the Economic Development Commission, pursuant to the Statute, has found
<br />by written resolution that there exists insufficient employment opportunities and that
<br />the economic welfare of the City of South Bend, Indiana, would be benefited and the
<br />purpose of the statute would be accomplished by the acquisition and leasing of the above
<br />described property to Vanderheyden Distributing, Inc., and
<br />WHEREAS, Vanderheyden Distributing, Inc., has submitted a statement of public
<br />service to the above Economic Development Commission of the City of South Bend and said
<br />Commission has forwarded this statement of public service with their approval and comments
<br />to the South Bend School Corporation, a copy of which is attached, and
<br />WHEREAS, the affirmative response and analysis of the South Bend School Corporation
<br />has been received as presented to the Clerk of the City of South Bend and attached, and
<br />WHEREAS, the statement of public service by Vanderheyden Distributing, Inc., and
<br />the Economic Development Commission of the City of South Bend have been submitted for
<br />approval and comments to the Area Plan Commission of St. Joseph County and the affirmative
<br />action and comments of the Area Plan Commission have been received by the Clerk of the
<br />City of South Bend, as attached, and
<br />WHEREAS, the requirement of the application as described in the "Municipal Economic
<br />Development Act of 1965, of the State of Indiana" as amended have therefore been met to
<br />this point, including a projection of the number of jobs created, the estimated payroll
<br />created and the approximation of the cost of the land and construction, and the impact
<br />on utilities and fire and police facilities of the City of South Bend with the approvals
<br />of the School Corporation and the Area Plan Commission have jurisdiction of the area in
<br />which the proposed facility is to be built, and
<br />WHEREAS, Vanderheyden Distributing, Inc., seeks approximately $250,000.00 from an
<br />issue of revenue bonds of the Economic Development Commission of the City of South Bend
<br />to be signed by its Mayor and by its City Clerk and further desires to enter into a lease
<br />of not to exceed 15 years' duration to be known as a net net net lease sufficient to pay
<br />the principal and interest of these bonds and obtain title at the end of the lease, and
<br />WHEREAS, by virtue of the net net net
<br />indicates its intention to pay all expenses
<br />property taxes, whatever of the facility.
<br />lease, the Vanderheyden Distributing, Inc.,
<br />of the operation, maintenance, insurance,
<br />THEREFORE, be it resolved by the Common Council of the City of South Bend, Indiana,
<br />that the resolution and findings of the Economic Development Commission pertaining to
<br />this project be approved and incorporated in this resolution, and
<br />THEREFORE, be it resolved by the Common Council of the City of South Bend, Indiana,
<br />that the statement of public service on the part of the Economic Development Commission,
<br />of the Area Plan Commission and of the South Bend School Corporation be accepted and
<br />approved, and
<br />THEREFORE, be it resolved that the South Bend City Common Council authorize the
<br />Economic Development Commission of the City of South Bend to proceed to make preliminary
<br />agreements with the proposed lessee, Vanderheyden Distributing, Inc., in the nature of a
<br />conditional commitment to enter into a lease with Vanderheyden Distributing, Inc., and
<br />THEREFORE, be it resolved that the Economic Development Commission of the City of
<br />South Bend shall, as soon as the new lease form is properly prepared, submit the same to
<br />the Clerk of the City of South Bend to be prepared by a member of the Common Council as
<br />a proposed ordinance for the acceptance of same and issuance of revenue bonds to cover
<br />the amount of money needed.
<br />WHEREAS:
<br />WHEREAS:
<br />s/ Odell Newburn
<br />Member of the Common Council
<br />A RESOLUTION SETTING FORTH THE NEED FOR ECONOMIC
<br />DEVELOPMENT
<br />Resolution No. 10 -73
<br />The City of South Bend is still experiencing
<br />a high unemployment situation, and
<br />By virtue of the need for additional
<br />industrial and economic development, and
<br />
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