09-26-11 Common Council Meeting Minutes

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REGULAR MEETING SEPTEMBER 26, 2011 PUBLIC HEARINGS BILL NO. 53-11 PUBLIC HEARING ON A BILL FIXING THE RATE OF TAXATION FOR THE PURPOSE OF RAISING REVENUE TO MEET THE NECESSARY EXPENSES OF THE CIVIL CITY OF SOUTH BEND FOR THE FISCAL YEAR ENDING DECEMBER 31, 2012 BILL NO. 54-11 PUBLIC HEARING ON A BILL APPROPRIATING MONIES FOR THE PURPOSE OF DEFRAYING THE EXPENSES OF SEVERAL DEPARTMENTS OF THE CIVIL CITY OF SOUTH BEND, INDIANA FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2012, AND ENDING DECEMBER 31, 2012, INCLUDING ALL OUTSTANDING CLAIMS AND OBLIGATIONS, AND FIXING A TIME WHEN THE SAME SHALL TAKE EFFECT BILL NO. 55-11 PUBLIC HEARING ON A BILL OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND APPROPRIATING MONIES FOR THE PURPOSE OF DEFRAYING THE EXPENSES OF THE DESIGNATED ENTERPRISE FUNDS OF THE CITY OF SOUTH BEND, INDIANA, FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2012 AND ENDING DECEMBER 31, 2012, INCLUDING ALL OUTSTANDING CLAIMS AND OBLIGATIONS, AND FIXING A TIME WHEN THE SAME SHALL TAKE EFFECT Councilmember Puzzello made a motion to combine Bill Nos. 53-11; 54-11; 55-11 for purposes of Public Hearing. Councilmember Oliver Davis seconded the motion which carried by a voice vote of eight (8) ayes. Councilmember LaFountain, Chairperson, Personnel and Finance Committee, reported that this committee met on these bills and sends Bill Nos. 53-11; 54-11 and 55-11 to the full Council with no recommendation. Councilmember Dieter made a motion to hear the substitute version of Bill No. 53-11. Councilmember White seconded the motion which carried by a voice vote of eight (8) ayes. th Mayor Stephen Luecke, 14 Floor County-City Building, 227 W. Jefferson Blvd., South Bend, Indiana, made the presentation for these bills. Mayor Luecke advised that he will make some opening comments and then turn to City Controller Gregg Zientara to provide additional detail with a power point presentation. Mayor Luecke advised concerning Substitute Bill 53-11, this bill sets the tax rate for levying property taxes to fund portions of the budget the substitute bill provides a total civil tax rate of $3.82990; the total redevelopment rate is $0.08570. Mayor Luecke stated that it has been the tradition and is actually recommended by the Department of Local Government Finance (DLGF) that they calculated these rates based on a very conservative estimate of assessed value because they don’t know the final number. A little higher estimate of expenses for the city so that ultimately the DLGF will review the final assessed value and the budget which is passed by the city to set the formal rate. He stated that their calculation is that the end rate will be something just north of $3.00 as the final certified rate for the city. He stated that they do not know that at this point and are asking for the Council’s favorable consideration on this rate to allow them to move 2