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REGULAR MEETING MAY 29 1973
<br />REGULAR MEETING - RECONVENED (CONTINUED)
<br />ORDINANCE NO. 5531 -73
<br />AN ORDINANCE TO APPROPRIATE $18,000.00 FROM
<br />THE LOCAL ROAD AND STREET FUND AND $2,000.00
<br />FROM THE CUMULATIVE CAPITAL IMPROVEMENT FUND
<br />FOR PROJECT R & S 61 - MICHIGAN STREET - MAIN
<br />STREET CONNECTOR.
<br />This ordinance had second reading. Councilman Horvath made a motion that the ordinance pass,
<br />seconded by Councilman Serge. The ordinance passed by a roll call vote of eight ayes (Councilmen
<br />Serge, Szymkowiak, Miller, Parent, Taylor, Horvath, Newburn and Nemeth) with Councilman Kopczynski
<br />absent.
<br />ORDINANCE NO. 5532 -73 AN ORDINANCE TO APPROPRIATE $153,000.00 FROM
<br />THE LOCAL ROAD AND STREET FUND AND $17,000.00
<br />FROM THE CUMULATIVE CAPITAL IMPROVEMENT FUND
<br />FOR PROJECT R & S 62 - COMPLETE RECONSTRUCTION
<br />OF MIAMI STREET AND IRELAND ROAD INTERSECTION.
<br />This ordinance had second reading. Councilman Horvath made a motion that the ordinance pass,
<br />seconded by Councilman Taylor. The ordinance passed by a roll call vote of eight ayes (Councilmen
<br />Serge, Szymkowiak, Miller, Parent, Taylor, Horvath, Newburn and Nemeth) with Councilman Kopczynsk:
<br />absent.
<br />RESOLUTIONS
<br />RESOLUTION NO. 372 -73
<br />A RESOLUTION OF THE COMMON COUNCIL OF THE CITY
<br />OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA, IN
<br />THE MATTER OF HILL WHITE TRUCK SALES, INC., OF
<br />SOUTH BEND, INDIANA.
<br />WHEREAS, Hill White Truck Sales, Inc., of South Bend, has submitted its intention
<br />to the Economic Development Commission of South Bend, for the purchase, and addition to
<br />a facility located at 1011 West Sample Street, within the City of South Bend, 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 Hill White Truck Sales, Inc., of South Bend, Indiana, and
<br />WHEREAS, Hill White Truck Sales, Inc., of South Bend, has submitted a statement of
<br />public service to the above Economic Development Commission of the City of South Bend
<br />and said Commission has forwarded this statement of public service with their approval
<br />and comments 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 Hill White Truck Sales, Inc., of South
<br />Bend, and the Economic Development Commission of the City of South Bend have been sub-
<br />mitted for approval and comments to the Area Plan Commission of St. Joseph County and
<br />the affirmative action and comments of the Area Plan Commission have been received by
<br />the Clerk of the City of South Bend, as attached, and
<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 therefore been met
<br />to this point, including a projection of the number of jobs created, and the estimated
<br />payroll created and the approximation of the costs of the land and construction, and
<br />the impact on utilities and fire and police facilities of the City of South Bend with
<br />the approvals of the School Corporation and the Area Plan Commission have jurisdiction
<br />of the area in which the proposed facility is to be built, and
<br />WHEREAS, now the Hill White Truck Sales, Inc., of South Bend, seeks approximately
<br />$515,000.00 from an issue of revenue bonds of the Economic Development Commission of
<br />the City of South Bend to be signed by the Mayor and by its City Clerk and further
<br />desires to enter into a lease of not more than 20 years duration to be known as a net
<br />net net lease sufficient to pay the principal and interest of these bonds and obtain
<br />title at the end of the lease, and
<br />WHEREAS, by virtue of the net net net lease, the Hill White Truck Sales, Inc., of
<br />South Bend, indicates its intention to pay all expenses of the operation, maintenance,
<br />insurance, property taxes, whatever of the facility.
<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, Hill White Truck Sales, Inc., of South Bend, 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
<br />to the Clerk of the City of South Bend to be prepared by a member of the Common Council
<br />as a proposed ordinance for the acceptance of same, and issuance of revenue bonds to
<br />cover the amount of money needed.
<br />s/ Odell Newburn
<br />Member of South Bend Common Council
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