03-26-18 Council Minutes - Laserfiche WebLink

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REGULAR MEETING March 26, 2018 Councilmember Karen White made a motion to send Substitute Bill No. 16-18 to the full Council with a favorable recommendation. Councilmember Tim Scott seconded this motion which carried unanimously by a voice vote of nine (9) ayes. 17-18 PUBLIC HEARING ON AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, APPROPRIATING ADDITIONAL FUNDS FOR CERTAIN DEPARTMENTAL AND ENTERPRISE OPERATIONS IN 2018 OF $77,000 FROM PARKING GARAGE FUND (4601), $52,250 FROM WATER WORKS O&M FUND (#620), AND $20,000 FROM CENTURY CENTER CAPITAL FUND (4671). Councilmember Karen White, Chair of the Personnel and Finance Committee, reported that they met this afternoon and send this bill forward with a favorable recommendation. Jeri Hockenhull, City Controller with offices on the 12th floor of the County-City Building, South Bend, IN, served as presenter for this bill. Ms. Hockenhull stated, Before you is a bill for our Enterprise Fund. We are asking for $77,000 from our Parking Garage Fund to cover utilities that weren't originally budgeted for in our line-item budget. They were previously paid for from the block for block contract that we had so we are just asking to appropriate those. Our Water Works Operation and Maintenance Fund of$53,250 relates to the fact we have to transfer money from our Operating Fund to a Reserve Fund to keep up with our Bond Covenant requirements. That is simply transferring from one (1) Water Works Fund to another Water Works Fund. The last is the Century Center Capital Fund, we are asking to appropriate $20,000 just to spend down the SMG contribution that they gave us for capital back in 2013. This being the time heretofore set for the Public Hearing on the above bill, proponents and opponents were given an opportunity to be heard. None from the public wished to speak in favor of or opposition to this bill. Councilmember Tim Scott made a motion to send Substitute Bill No. 17-18 to the full Council with a favorable recommendation. Councilmember Oliver Davis seconded this motion which carried unanimously by a voice vote of nine (9) ayes. 18-18 PUBLIC HEARING ON AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AMENDING CHAPTER 2,ARTICLE 14 OF THE SOUTH BEND MUNICIPAL CODE TO ESTABLISH NEW FUNDS: FIRE STATION NO. 9 DEBT SERVICE FUND (#350), FIRE STATION NO. 9 CAPITAL FUND (#451), 2018 TIF PARKS BOND DEBT SERVICE FUND (#351), AND 2018 TIF PARKS BOND CAPITAL FUND (#452) Councilmember Karen White, Chair of the Personnel and Finance Committee, reported that they met this afternoon and send this bill forward with a favorable recommendation. Jeri Hockenhull, City Controller with offices on the 12th floor of the County-City Building, South Bend, IN, served as presenter for this bill. Ms. Hockenhull stated, The bill before you is simply asking to set up four (4) Funds for bonds that been previously approved by Council. We are just setting up the Funds to receive the Funds in from the State and then spend the money on the Capital Projects. 8