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REGULAR MEETING APRTT, 9 1973
<br />REGULAR MEETING - RECONVENED (CONTINUED)
<br />NOW, THEREFORE, BE IT RESOLVED by the Economic Development Commission that because of
<br />insufficient employment opportunities and
<br />insufficient diversification of industry, the
<br />economic welfare of the city would be benefited
<br />by approving the application of Vanderheyden
<br />Distributing, Inc., for the purchase of property
<br />and construction of a facility in Airport
<br />Industrial Park -Phase II in South Bend.
<br />THIS RESOLUTION ADOPTED BY THE ECONOMIC DEVELOPMENT
<br />COMMISSION OF THE CIVIL CITY OF SOUTH BEND, INDIANA,
<br />THIS 30th DAY OF MARCH, 1973.
<br />s/ Karl G. King, Jr.,
<br />President - Karl G. King, Jr.
<br />s/ Peter J. Nemeth
<br />Vice President - Peter J. Nemeth
<br />s/ Walter Mucha
<br />Secretary - Walter Mucha
<br />REPORT OF CITY OF SOUTH BEND
<br />ECONOMIC DEVELOPMENT COMMISSION
<br />MAKING CERTAIN ESTIMATES
<br />Pursuant to the Municipal Economic Development Act of 1965, as amended, the City
<br />of South Bend Economic Development Commission is required to make certain estimates in
<br />regard to the purchase of property and construction of a facility in Airport Industrial
<br />Park - Phase II by Vanderheyden Distributing, Inc., of South Bend. The estimates are
<br />as follows:
<br />(1) The number of public services or facilities, including streets,
<br />sidewalks, schools, sewers, street lights, fire and police protection
<br />which would be made additionally necessary or desirable on account of
<br />the proposed facility are none and the expenses therefore are none.
<br />(2) The total project cost of the proposed facility will be approxi-
<br />mately $250,000.00.
<br />(3) The number of jobs to be created by the proposed facilities would
<br />be approximately seven with an estimated annual payroll increase up to
<br />$60,000.00.
<br />This firm has been an established business in our community for many years. The
<br />construction of the proposed facilities would be in conformity to the area, will pro-
<br />vide an increase in the tax base and would use the local construction industry in the
<br />construction of the facility. A firm commitment to purchase the bonds has been
<br />received by the Commission.
<br />April 2, 1973
<br />Mr. Aaron H. Huguenard, President
<br />Board of School Trustees
<br />South Bend Community School Corporation
<br />635 South Main Street
<br />South Bend, Indiana
<br />Dear Mr. Huguenard:
<br />Pursuant to the Municipal Economic Development Act of 1965, as amended, I am enclosing
<br />a copy of the report of the City of South Bend's Economic Development Commission making
<br />certain estimates pertaining to the application of Vanderheyden Distributing, Inc., of
<br />South Bend.
<br />I would appreciate your immediate attention and indication of your approval.
<br />Sincerely,
<br />s/ Karl G. King, Jr.
<br />KK /nt President
<br />cc: Jerry J. Miller, Mayor, City of South Bend
<br />Peter Nemeth, President, South Bend City Council
<br />James A. Roemer, South Bend City Attorney
<br />Kenneth Fodder, Counsel, Economic Development Commission
<br />August G. Vanderheyden, Pres., Vanderheyden Distributing, Inc.
<br />April 3, 1973
<br />Mr. Karl King, President
<br />Economic Development Commission
<br />of South Bend
<br />County -City Building
<br />South Bend, Indiana 46601
<br />Dear Mr. King:
<br />
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