02-28-00 Council Meeting Minutes

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REGULAR MEETING FEBRUARY 28.2000 opponents were given an opportunity to be heard. Mr. Jim Ciermiak, 1156 East Victoria, South Bend, Indiana, asked for an estimate of how much the City would accrue from this surcharge on a yearly basis. Mr. Jankowski advised that that question is difficult to answer as the Morris has been closed for the last two (2) years for renovation. When the surcharge of one dollar ($1.00) is in place the amount generated would be double. He stated that any dollar amounts from the Morris beyond the last two years would no longer be accurate. The current surcharge in place is fifty cents ($.50) per ticket. There was no one else present wishing to speak in favor of this bill and no one was present to speak in opposition to this bill. Therefore, Councilmember Kelly made a motion to send this bill to the full Council favorably, as substituted. Councilmember King seconded the motion which carried by a voice vote of nine (9) ayes. Councilmember Coleman noted that with the new expanded Morris Performing Arts Center the City will have the opportunity to bring in larger shows which will bring in larger audiences. This benefit will provide funds to take care of smaller capital items. BILL NO. 23-00 A BILL OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AMENDING AND RESTATING ORDINANCE NO. 9027 -99, CONCERNING THE CONSTRUCTION OF IMPROVEMENTS TO THE MUNICIPAL WATERWORKS OF THE CITY OF SOUTH BEND, INDIANA; AUTHORIZING THE ISSUANCE OF REVENUE BONDS FOR SUCH PURPOSE IN THE PRINCIPAL AMOUNT NOT TO EXCEED TWO MILLION SIX HUNDRED THOUSAND DOLLARS ($2,600,000); ADDRESSING OTHER MATTERS CONNECTED THEREWITH, INCLUDING THE ISSUANCE OF NOTES IN ANTICIPATION OF BONDS; AND REPEALING ORDINANCES INCONSISTENT HEREWITH Councilmember Kirsits reported that the Utilities Committee met on this bill and sends it to the Council with a favorable recommendation. Councilmember Kirsits made motion to hear the substitute version of this bill. Councilmember Coleman seconded the motion which carried by a voice vote of nine (9) ayes. Mr. Philip J. Faccenda, Jr., Barnes & Thornburg, 600 1st Source Bank Center, 100 North Michigan, South Bend, Indiana, made the presentation for this bill. Mr. Faccenda advised that this is an amendment to an ordinance passed by the Council on August 23, 1999. He noted that the bonds to date have not been issued but it is anticipated that they will be sold to the State of Indiana which is better than the open market. This ordinance, however, provides for a slightly higher principal amount and interest rate in the event that the Bonds are sold at a public sale. The increased principal amount also reflects a minor revision in the original proj ect to include an on -site sodium hyprochlorite generation system. 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 address the Council either in favor of or in opposition to this bill, Councilmember Varner made a motion to send this bill to the full Council favorably as substituted. Councilmember Coleman seconded the motion which carried by a voice vote of nine (9) ayes.