03-24-03 Council Meeting Minutes

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REGULAR MEETING MARCH 24, 2003 Councilmember Kelly, Chairperson, Health and Public Safety Committee, reported that this committee held a hearing on this bill this afternoon and sends it to the full Council with a favorable recommendation. Ms. Ann Kolata, Department of Community & Economic Development, residing at 51695 Stoneham Way, Granger, Indiana made the presentation for this bill. Ms. Kolata stated that this is the final ordinance authorizing the issuance of bonds in an amount not to exceed one million dollars with a term not to exceed twenty (20) years and an interest rate of not more than three per cent (3 %). The purpose of the bonds is to pay a loan from the Indiana Department of Environmental Management Brownfield Clean -up Loan Fund. These are loan funds that have been made available to the state from the Environmental Protection Agency and the monies will be used to remediate the former Fredrickson Park site off of South Bend Avenue. The exact terms of the loan are still being discussed. The City has approval for a ten per cent (10 %) forgiveness of the loan but is hoping to make that a little bit higher in the next week. Ms. Kolata noted that the work to be performed is the remediation of the former landfill which was not a registered landfill and it would put in place a gas collection system to get the methane that is underneath the landfill. Ms. Kolata noted that Mr. Alan Feldbaum, Barnes and Thornburg, bond counsel for this transaction, is present to answer questions. She also noted that they hope to close within the next week or ten (10) days. This being the time heretofore set for the Public Hearing on the above bill, proponents and opponents were given an opportunity to be heard. There being no one present wishing to speak to the Council either in favor of or in opposition to this bill, Councilmember Kelly made a motion for favorable recommendation to full Council. Councilmember Coleman seconded the motion which carried by a voice vote of nine (9) ayes. BILL NO. 19 -03 PUBLIC HEARING ON A BILL OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA APPROPRIATING $18,900.00 INDIANA RIVER RESCUE (FUND #291) Councilmember Kelly, Chairperson, Health and Public Safety Committee, reported that this committee held a Hearing on this bill this afternoon and sends it to the Council with a favorable recommendation. Assistant Chief Randy Magdalinski, EMS, South Bend Fire Department, 701 West Sample Street, South Bend, Indiana, made the presentation for this bill. Chief Magdalinski advised that this bill is for the expenditure of eighteen thousand nine hundred dollars ($18,900.00) from funds available in Fund #291 to replace equipment that is necessary to maintain professionalism of the Fire Department in regards to the Indiana River Rescue School. He noted that this is an excellent school that is attended by individuals throughout the country and South America. ■