Laserfiche WebLink
<br />REGULAR MEETINGNOVEMBER 28, 2011 <br /> <br /> <br /> <br />Mr. Tungate advised that the South Bend Water Works plans to issue revenue bonds in <br />the amount of $8.3 million. There is no rate increase associated with this bond issue. A <br />revenue bond from 1997 will be paid off in January 2012. He stated that they plan to use <br />the money dedicated to the principal and interest payment for the 1997 bonds to pay for <br />the new revenue bonds. Mr. Tungate advised that there will be no rate increase necessary <br />to pay for this revenue bond. The 2012 bond projects can be divided into three <br />categories. One category is distribution system improvements. These projects will <br />include water main extensions form our water system master plan, which will allow us to <br />more efficiently move water through out water system. A second category includes <br />equipment purchases such as automated meter reading water meters, a hydro excavation <br />truck, and upgraded site security equipment. The third category is an upgrade to the <br />water treatment capacity at the Pinhook Filtration Plant. This treatment plant has the <br />infrastructure to produce additional water with minor upgrades. Additional water <br />production from Pinhook will allow us to be more flexible with our water production <br />facilities. <br /> <br />This being the time heretofore set for the Public Hearing on the above bill, proponents <br />and opponents were given an opportunity to be heard. <br /> <br />There being no one present wishing to speak to the Council either in favor of or in <br />opposition to this bill, Councilmember Dieter made a motion for favorable <br />recommendation to full Council concerning this bill. Councilmember Oliver Davis <br />seconded the motion which carried by a voice vote of eight (8) ayes. <br /> <br /> <br />RISE AND REPORT <br />Councilmember Oliver Davis made a motion to rise and report to the full Council. <br />Councilmember White seconded the motion which carried by a voice vote of eight (8) <br />ayes. <br /> <br /> <br />ATTEST: ATTEST: <br /> <br /> <br /> <br /> <br /> <br />_________________________ _________________________ <br />John Voorde, City Clerk Timothy Rouse, Chairperson <br /> Committee of the Whole <br /> <br />REGULAR MEETING RECONVENED <br />Be it remembered that the Common Council of the City of South Bend reconvened in the <br />Council Chambers on the fourth floor of the County-City Building at 7:12 p.m. Council <br />President Derek D. Dieter presided with eight (8) members present. <br /> <br /> <br />BILLS – THIRD READING <br /> <br /> <br />ORDINANCE NO. 10131-11 AN ORDINANCE OF THE COMMON COUNCIL <br />OF THE CITY OF SOUTH BEND, INDIANA, <br />SETTING THE ANNUAL SALARIES FOR THE <br />COUNCIL MEMBERS FOR CALENDAR YEAR <br />2012 <br /> <br />This bill had third reading. Councilmember Rouse made a motion to pass this bill. <br />Councilmember Oliver Davis seconded the motion which carried. The bill passed by a <br />roll call vote of five (5) ayes (Councilmember’s Henry Davis, LaFountain, Oliver Davis, <br />Rouse, and Dieter) and three (3) nays (Councilmember’s Varner, Kirsits and White.) <br /> <br /> <br /> 4 <br /> <br />